However, the transporter’s insurance is specified by different regulations depending on the means of transport. Compensation is limited by the weight and value of the goods and is only granted if the transporter was unable to avoid responsibility.

The insurance invoice is required for customs clearance only when the relevant data do not appear in the commercial invoice. The different types of freight insurance are divided according to  the mode of transport:

  • Road freight
  • The rail carrier
  • The shipping company
  • The air carrier

Read more on the European Commission's Trade Helpdesk website.