It covers the legal liability of the carrier firm due to damage to the carried commodity because of the accidents to occur in the framework of the scope stated on the policy during domestic road transportation of several commodities of the third persons.
Bodies, engine or machines, service boats, outfit and equipment of yachts are covered when they are;
· at sea,
· on land,
· in repair,
· at harbor launch,
· in warehouse.
Material and bodily damages to the third persons may also be covered by this insurance.
Damages to ships due to;
· bad weather conditions,
· impact and collision are covered.
Transportation damages in international and domestic commodity transportation are secured by the Commodity Freight Insurance.
The risks which may arise during road, air, sea and railway transportations and are covered by the Commodity Freight Insurance are as follows:
· Loading-unloading damages,
· Natural disasters