What is CMR Insurance in Transportation?

CMR insurance and convention is an international agreement prepared by the United Nations and put into effect, covering the transportation responsibilities of European road carriers. Istanbul logistics and all companies also provide coverage for the legal responsibilities arising from conventions for logistics companies engaged in international cargo transportation by road through CMR insurance. Furthermore, CMR insurance is a system used as liability insurance for companies engaged in international goods transportation by road. 

What to Know About CMR International Liability Insurance

CMR insurance, which is international liability insurance, also covers expenditures related to the value of goods, taxes, duties, fees, freight, as well as other expenses, and all indirect losses such as damage and delay. As Istanbul logistics, CMR insurance in international transportation does not cover all the goods transported, but only covers the responsibilities that arise within the framework of the liability limits determined by the convention for areas where carriers are at fault according to CMR conventions. 

What Guarantees Does the Insurance of Transportation Vehicles Cover?

It covers the material and moral damages caused to third parties due to cargo damages by all carriers working as freight forwarders. It includes damages caused to customers as a result of negligence, expenses incurred to reduce damages, costs related to completing partially completed journeys, and undelivered cargo. In Istanbul logistics and other cities, it is among the first necessary procedures to obtain transportation services from individuals who are experts and experienced in their field.