The Convention on the Contract for the International Carriage of Goods by Road (CMR) is an international agreement that was signed in Geneva in 1956. It sets out a uniform legal framework governing the conditions of transport of goods by road between parties located in different countries that have ratified the convention. CMR insurance is a policy that aligns with the provisions of this convention, offering coverage for goods in transit.

CMR insurance typically includes protection against loss, damage, or theft of the vehicle while it is in transit. It also covers liabilities for delays in delivery and other risks associated with international transportation.

The geographical scope of CMR insurance usually extends to all countries that are signatories to the CMR convention. This makes it particularly relevant for vehicle logistics across Europe, where cross-border transportation is common.

Why CMR Insurance is Essential in Vehicle Logistics

Transporting vehicles involves various risks such as accidents, damage due to environmental factors, and theft. CMR insurance provides a safety net that mitigates these risks, ensuring that the financial impact on businesses and individuals is minimized.

Adherence to CMR is mandatory for international road transport companies operating within signatory countries. CMR insurance ensures that vehicle logistics providers are compliant with these legal requirements, avoiding potential fines and legal issues.

By covering potential losses during transit, CMR insurance safeguards the financial interests of all parties involved in the vehicle logistics chain, from manufacturers to end consumers.

Offering CMR insurance is a testament to a logistics provider's commitment to security and reliability. It builds trust with clients who require assurance that their vehicles are protected throughout the transportation process.

How CMR Insurance Benefits Different Stakeholders

Dealerships benefit from CMR insurance as it protects their inventory during transportation, ensuring that they can provide their customers with vehicles in pristine condition.

For manufacturers, CMR insurance means that their vehicles are covered from the moment they leave the production line until delivery, reducing the risk of financial loss due to transit issues.

Individuals importing or exporting vehicles can rest assured that their investment is protected against unforeseen incidents during transit with CMR insurance.

Choosing the Right Logistics Partner with CMR Insurance

When selecting a logistics partner, it's crucial to ensure they have comprehensive CMR insurance coverage. This not only provides peace of mind but also indicates a professional and responsible approach to vehicle transportation.

CARNET OÜ stands out as a logistics partner that prioritizes the safety and security of your vehicles. With robust CMR insurance coverage, we ensure that your vehicles are protected under all circumstances during transit, reflecting our dedication to excellence in vehicle logistics.