The Importance and Necessity of Transport Insurance

Why Transport Insurance Is Not a Luxury, but a Necessity

Whether you regularly ship goods or just send out the occasional delivery—transport always involves risks. And while you might assume the carrier is liable for any damage or loss, that’s only partially true. Compensation is often based on weight, not on the actual value of your goods. That’s why a solid transport insurance policy is essential.

Who is responsible?

Responsibility for transport insurance depends on the agreed Incoterm. This determines who bears the risk during transit—the buyer or the seller. Always check carefully who is liable before, during, and after transport.

What does transport insurance cover?

Transport insurance—also known as cargo insurance—offers broad protection. It covers your goods against damage or loss, regardless of liability. For example:

• Theft or loss during transit

• Damage due to fire, leakage, or extreme weather conditions

• Accidents or delays en route

• Spoilage or contamination of temperature-sensitive goods

Shipping by sea? Watch out for General Average

Sea freight comes with an additional risk: General Average. This age-old principle means that all parties involved—the shipowner, sender, and receiver—share the costs if part of the ship or cargo is sacrificed to save the voyage. Examples include:

• Jettisoning cargo to free a grounded ship

• Firefighting efforts at sea

• Tug services or emergency repairs after an incident

Without proper insurance, you as the cargo owner could be held liable for these costs—even if your own goods weren't damaged.

Akomar has your back

At Akomar, we understand you want to avoid any risks with your shipments. That’s why we help you with:

• Checking your Incoterms

• Choosing the right transport insurance

• Personal advice on complex shipping questions

We make sure you’re always properly insured—whatever you’re shipping, and wherever it’s going.

Questions about transport insurance or unsure if you're covered? Get in touch—we’re here to help keep everything moving.