All insurance products

Cargo Insurance — Key Questions Answered

One card: object, risks (ICC), difference from CMR, territory, broker’s role, and pricing.

ICC A/B/CCMR vs CargoGE/INTL

What exactly is insured

The object is cargo (goods) in transit. The policy is tailored to shipment frequency, type of goods, and documentation.

Open cover / single shipment • B2B

Who it is for

Cargo owners and trading companies (protection of goods value)
Importers/exporters operating under contracts and Incoterms
Manufacturers with regular shipments
Logistics companies and freight forwarders (when required by contract)

Policy formats

Open cover policy

one annual contract for regular shipments (convenient for ongoing dispatches)

Single shipment policy

for one specific shipment (one route / one consignment)

Types of cargo

FMCG, equipment, electronics, temperature-controlled, oversized, ADR — subject to agreed terms

Policyholder

usually the cargo owner, sometimes the seller/buyer under the contract

Key point: cargo insurance protects the value of the goods. It does not replace the carrier’s liability.

What risks the policy covers

In practice, coverage is defined through ICC (Institute Cargo Clauses). We translate “insurance language” into clear terms.

ICC A/B/C • Risks

Main options

ICC A (“all risks”): covers everything not excluded (accidents, theft/robbery, water damage, dropping, damage during handling — if not excluded by terms).
ICC B/C (“named perils”): covers only listed events (fire, wreck, collision, etc.) — cheaper but with narrower coverage.
Georgia market specifics: fraudulent misappropriation (when a fake carrier takes the cargo) is not always included automatically; it should be explicitly added as a covered risk.

Frequently asked questions

Theft at parking

depends on parking/security requirements. We select terms without “unrealistic” conditions.

Water damage / leakage

usually falls under “all risks”, but packaging and securing are critical.

Loading/unloading

often included via a clause. We verify wording in advance.

Fraud

included as a separate clause if critical for your business.

The most common claim denial is not a “bad insurer” but breach of conditions: packaging, securing, route, parking. A broker ensures this does not become a surprise.

CMR (carrier liability) vs cargo insurance

This is a key distinction. If you are a cargo owner, you almost always need cargo insurance.

CMR / carrier liability

protects the carrier when they are at fault. It has limits, exclusions, and deductibles.

Cargo insurance

protects the value of the cargo (the owner) — often even when there is no liable party (natural events, lightning, etc., if included).

Typical mistake

“the carrier has CMR, so the cargo is protected.” No: the cargo owner may still receive no compensation.

In practice, full protection often requires a combination — CMR (carrier protection) + cargo insurance (goods protection).

Territory and routes

Domestic shipments within Georgia
International shipments: EAEU, Europe, China, Turkey
Is coverage valid at unsecured parking? We select insurers with reasonable requirements
We define routes, transshipments, and storage points — this affects claims settlement

Why arrange through DEDA

The client sees the policy and the price. We see the terms, exclusions, and whether the contract actually fits your route and business process.

We compare quotes from 5–10 insurers in Georgia and select a rational rate for your risk profile.
We analyze clauses: night driving restrictions, parking requirements, convoy, country/transshipment limitations.
We assist in claims: how to appoint a surveyor/adjuster and properly document damage or shortage.
We support the process to completion — so you don’t have to fight formalities.

What determines the price

Value and type of cargo
Route length and complexity
ICC terms (A/B/C) and additional clauses
Presence and size of deductible
Packaging, loading method, temperature control, transshipments

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