Transport insurance

Almost every entrepreneur has to deal with transport. Whether it concerns materials for your company or transport to the customer: if something goes wrong with your goods during transport, this can have unpleasant consequences. For example, if important building materials are damaged during transport, this can cause delays in a construction project, leading to customer dissatisfaction. With transport insurance or self-insurance, damage to your goods during transport is insured.

What is transport insurance?

Transport insurance is insurance that allows you to insure your belongings against damage and theft during transport. Many entrepreneurs only think of transport by truck or container ship, but transport in a company car or plane is also insured. If the transporter damages or loses the goods, you will receive compensation from your insurer. Fortunately, you are also insured if the cargo of a truck goes up in flames due to a fire.

With a number of insurers, own transport is also covered under transport insurance, but sometimes you have to take out a separate Own Transport Insurance. Always check this in the policy conditions of the insurance company.

Who is transport insurance for?

Transport insurance is for all types of companies that occasionally or regularly have goods transported, whether by land, sea or air. It may concern an SME, but also a large multinational. It also doesn't matter whether you transport goods within the Netherlands or between different countries. There is a suitable transport insurance for every company.

Why take out transport insurance?

You cannot control what happens to your goods during transport. An accident is in fact in a small corner. For example, damage may occur during loading or unloading of the goods, the refrigerator may break down causing the goods to spoil or a fire may start which will seriously damage the cargo and may even render it unusable. Such damage can be costly. In addition, the goods may be essential to your operations, causing them to grind to a halt and you to lose profit. With a transport insurance you are insured for this and you reduce (financial) risks.

What does transport insurance cover?

The standard coverage of a transport insurance policy includes:

• Damage during loading and unloading
• Cooling damage during transport
• Damage to items intended for sale
• Damage to tools and materials needed for your work
• Damage due to spoilage, theft and loss of goods
• Damage caused by fire, explosion and accidents on the means of transport