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Damaged and lost items are unfortunately a common problem when shipping freight.
Carrier's liability insurance protects the carrier of the goods for their liability due to loss or damage during the transit process and while cargo is in their care.
Marine carrier's liability is a complex area governed in New Zealand by the Carriage of Goods Act 1979. The Act relates to contracts between shipper and contracting carrier, as well as to contracts between contracting carriers and their sub-contractors.
Freight forwarders and carriers are exposed to a broad variety of risks, with different liabilities applicable for transit by sea, air, road or rail. If you carry goods owned by someone else, you are liable for any damage to the goods and possibly for secondary damage resulting from your service.
People who need carrier's liability insurance include:
Marine carrier's liability insurance helps financially protect your business should anything go wrong.
This cover protects your legal liability, defence costs and expenses when you transport or store goods on behalf of others.
As with marine cargo insurance, the terms of the contract are important in assigning risk. Our brokers can help you understand your liability.
Our marine specialist have over 40 years' experience with marine broking and underwriting, and extensive expertise in marine-affiliated policy. We maintain strong relationships with the Marina Operators Association (MOA) and look after many of the privately-owned marinas throughout New Zealand.
Our long-standing relationships, and our international connections through Gallagher, keep us up to date with changes in the marine industry, and enables us to secure market-leading cover for our clients.
Carrier's liability insurance protects the carrier of goods for liability due to loss or damage during transit.
World class cover for domestic and international marine risks.
Marine cargo insures against the loss or damage of cargo at sea, or on land and associated waterways.
Protection for damage or loss to your vessel, machinery and equipment.
Cover for motorboats, jet skis, kayaks, yachts, launches, fishing boats and more.