Road carriers’ liability insurance protects the Insured’s property and financial interests. Ingosstrakh’s insurance policy satisfies the specific character of international transportation of goods by road.
Insurance objects:
road haulier’s responsibility which he incurs in providing services of transportation of goods and the third party liability;
costs incurred by a haulier after any accident that gives rise to or may give rise to a claim under the insurance, in investigating the accident and protecting the haulier’s interests in relation to it (by the client’s request).
Risks covered:
liability for physical loss of or damage to cargo, arising under the provisions of any international transport convention (including the CMR Convention 1956) which are contractually or compulsorily applicable or any national transport law, for instance, in case of damage to cargo or its total or partial loss in a road accident, fire, vehicle overturn or theft;
liability for any financial loss incurred by the competent person under the contract of carriage resulting from the failing of the haulier, partially or totally, to perform his contractual obligations including, for example, delay in delivery of cargo or sending the goods to a wrong place;
liability for physical loss of or damage to third party property or death, bodily injury or illness (including hospital, medical and funeral expenses) of any third party caused by the transported cargo;
liability for loss of, destruction or damage to trailer and/or container during the transportation;
costs incurred by a haulier after any accident that gives rise to or may give rise to a claim under the insurance, in investigating the accident and protecting the haulier’s interests in relation to it, for example, the fees of a lawyer, surveyor or expert; in avoiding or minimizing a claim;
customs risks are the risks arising from a breach of import or export regulations including liability for payment of customs duties and taxes which are imposed by customs authorities on a haulier and which would not have been payable but for a breach of import or export regulations.
Customs risks insurance:
customs risks insurance is an integral part of a road haulier’s liability insurance policy. They protect the interests of TIR Carnet Holder in case of a direct claim presented to him by customs authorities for the payment of customs duty, sales tax or interests due to a breach of import or export regulations;
customs risks insurance cover of Ingosstrakh provides a haulier not only with a guarantee of compensation to the customs authorities of a claim for payment of duties and taxes but also with a highly qualified support services including the checking of the claimed amount of customs duties and taxes and protecting the haulier’s interests in the customs authorities and in the court.
Additional coverage:
liability for the delivery of goods to a person not competent under the contract of carriage;
liability for the loss of shipping documentation, excluding TIR Carnets;
at the request of the Association of International Road Carriers (ASMAP), liability in respect of the use of leased vehicles in accordance with the Amendments to the Interaction Procedure between ASMAP and Russian international road carriers transporting cargo under the provisions of TIR Convention 1975.
Please note!
Under ASMAP requirements, those carriers that use leased vehicles for the transportation of cargo under TIR Convention and do not have sufficient capital assets have to provide additional guarantees - a bank guarantee, guarantee of another TIR Holder or Ingosstrakh insurance policy agreed with ASMAP.
Cost of insurance depends on:
directions of transportation;
range of transported goods;
cargo volume;
risks insured and limits of liability;
number of motor vehicles.
Advantages of Ingosstrakh Insurance Programs
A full range of individual insurance services is offered to each client starting with the risk-management consultations and the following service support in accordance with the terms and conditions of the policy. Insurance premium is calculated individually for each client. Insurance policy may be signed for any period.
In case of losses a wide network of representative offices, branches and subsidiaries in Russia and abroad allows to minimize the efforts required for settlement.
Ingosstrakh insurance policy is recognized all over the world. More than 2.000 transport operators have insured their liability with our company.
