What is Liability Insurance?
It is one of the most effective types of insurance made against risks in areas such as fire, theft, traffic accident, getting wet, loading, unloading, etc. that are exclusively attributable to shipping carriers. Accordingly, it is examined in different forms in Istanbul shipping and all other cities as carrier liability insurance, and at the same time, ship repairer liability insurance and freight vehicle insurance.
What is Carrier Liability Insurance?
It is one of the types of insurance that covers the legal liability that can be imposed on all companies, including Istanbul shipping, engaged in commercial freight transportation in our country, when they transport goods belonging to their customers with vehicles they own or rent, as a result of a covered damage. Liability insurance generally provides coverage within the scope of applicable provisions for truck clauses and road transportation, as well as the responsibilities of carriers.
What is wondered about Carrier Insurance?
Today, carrier shipping companies enter into annual contracts with insurers and carry out insurance procedures with per-voyage liability limits. Accordingly, the insurable interest is under Istanbul shipping and its responsibility, and the insured is the shipping company. The fault of the companies affects their compensation payments, and the most important factors affecting the prices in carriers' liability policies are the provinces where voyages are made, the type of goods transported, the per-vehicle coverage limits, the insured's claims history, and the total annual capacity.
