Transport insurance ensures the owner of the goods against financial loss when the goods are transported from one place to another. Any business that sells, buys or otherwise have goods for carriage, should consider insuring against accidents during transport
The carrier's liability is limited by laws and treaties, and is often not sufficient to ensure the owner of the goods in full. A general misconception is that the carrier or freight forwarder covers all transport damage. Transportation laws, however, exempts carriers from liability for damage to goods in a long line of cases. It is therefore important that the owner of the goods have their own transport insurance.
Fender Marine can provide transport insurance for businesses as well as individuals (eg. household goods insurance).