Goods in Transit Insurance
ABOUT THE PRODUCT
PREMIUM Goods in Transit Insurance protects your movable property during transport arranged by you as the insured, using your own means of transportation. This coverage applies to property that you own, legally use, or have taken possession of under a written contract or order for service provision. An important condition is that the vehicle used for transport must belong to you, be co-owned by you, or be exclusively at your disposal.
Coverage and territorial validity
This insurance protects you against risks such as natural disasters, car accidents, theft, or robbery. It also covers the temporary storage or provision of alternative transport for cargo if your vehicle becomes immobile following a traffic accident. Additionally, the insurance includes the costs of removing remaining insured cargo after an event.
The basic package covers a wider territorial range than usual, including Slovakia, the Czech Republic, Hungary, Austria, and Poland. We can provide even broader territorial coverage based on your specific requirements.
Please note that this insurance does not apply to consignments transported under contracts for carriage of goods with a carrier or forwarding contracts.
INSURANCE COVERAGE
BASIC INSURANCE COVERAGE
The basic insurance coverage provides protection for your transported cargo against a wide range of natural hazards and traffic accidents. This ensures you won't face financial losses in case of unforeseen circumstances while transporting goods.
Natural hazards covered by the basic package
Your cargo insurance automatically includes protection against the following natural hazards:
- Fire – Coverage for damage caused by fire and its subsequent spread.
- Explosion – Protection against damage resulting from a sudden destructive manifestation of compressive force.
- Hail – Coverage for damage caused by falling ice hail.
- Avalanche – Protection against damage from a sudden snow or ice slide.
- Falling Objects – Coverage for damage caused by impact or falling objects, such as trees, masts, or manned flying objects.
- Floods – Protection for damage caused by flooding, where water spills over its banks.
- Direct Lightning Strike – Coverage for damage caused by a direct lightning strike
- Strong Wind – Protection for cargo damaged by strong winds.
- Volcanic Eruption – Coverage for damages resulting from a volcanic eruption.
- Inundation – Protection when a continuous body of water forms on the earth’s surface.
- Earthquake – Coverage for damage caused by tremors of the Earth's surface.
- Landslides – Protection against damage from landslides or the collapse of rocks or soil.
Traffic accidents
In addition to natural hazards, the basic insurance coverage includes:
- Traffic accidents – the condition is that the accident is investigated by the competent police unit based on the location of the insured event.
With the comprehensive Goods in Transit Insurance from PREMIUM Insurance Company, you can be assured that your goods are protected throughout the transport.
EXTENDED COVERAGE
Do you required enhanced protection for your transported goods? Extended insurance coverage offers complete confidence throughout the transport.
What does extended insurance coverage include?
Extended cargo insurance includes all the natural hazards covered by the basic package, with additional protection against the following safety risks:
- Theft by breaking into the vehicle – The insurance covers both the stolen cargo and any damage directly caused to the cargo during the break-in.
- Vehicle theft – Protection for your cargo in the event that the vehicle used for transport is stolen.
- Theft after an accident – The insurance also covers theft that occurrs in direct connection with a car accident.
- Robbery – Protection against cargo theft through force or threats.
Why choose extended coverage?
With extended insurance coverage, you receive comprehensive protection against all natural hazards associated with transport, as well as the risks of traffic accidents. Beyond the mentioned hazards, this coverage also safeguards you against theft and robbery, which are among the most common causes of loss during the transportation of goods.
Protect your cargo against all potential risks and transport goods with confidence, knowing that you won’t face disproportionate financial losses in the event of unforeseen circumstances.
SPECIAL INSURANCE COVERAGE
Looking for the most comprehensive protection for your transported cargo? Our special ALL-RISKS insurance coverage provides you with the widest possible protection during transport.
What is ALL-RISKS cargo insurance?
Special insurance coverage protects your cargo against all risks, except those explicitly excluded from the terms of the insurance policy. This coverage ensures that any damage, destruction, or loss of the insured cargo caused by an insured event is fully covered.
Advantages of special insurance coverage
With ALL-RISKS insurance from PREMIUM Insurance Company, you receive the most extensive protection available for your transported cargo. You don’t need to worry whether a specific event of damage is listed in the policy – unless it is expressly excluded, it is automatically covered.
ALL-RISKS coverage is the perfect choice for transporting valuable, fragile, or otherwise high-risk cargo, where standard insurance might not offer adequate protection.