Carrier liability


The insurance of the cargo is particularly necessary by carriage of the cargo by road. The Convention of the Contract for the International Carriage of goods by road (CMR) determinates the carrier’s liability concerning the cargo. An insurance policy that has been internationally admitted is the first averment that you can trust your cargo to our company. You don’t have to pay additionally for carrier’s liability. What you should know about the insurance of the carrier’s liability is the following:

In road transport carrier liability is restricted to the maximum of 8,33 SDR (Special Drawing Rights) or approximately 10 USD per gross kilo (CMR insurance).

In air transport carrier liability is restricted to the maximum of 16,67 SDR or approximately 20 USD per gross kilo (AWB insurance).

In maritime transport carrier liability is restricted to the maximum of 2 SDR or approximately 2,4 USD per gross kilo or 666,67 SDR (approximately 800 USD) per unit (B/L insurance).

If the cargo has been lost or damaged during the domestic distribution, carrier’s liability is designated by local authorities and rules. The liability’s insurance covers the losses based on real weight of the cargo and taking not in account the volumetric weight. It also takes in account just the losses that have been caused by the carrier’s fault. The carrier is not responsible for the losses that have been caused by circumstances that are not under he’s control and he could not prevent.

In a case the value of your cargo is higher than the carrier’s maximum liability, LOGISTIKAS RISINAJUMI Ltd recommends you to order a full freight insurance of the cargo. We can help you, just let us know!

Insurance.