According to Finnish law, a motor liability insurance is compulsory for all registered vehicles. It provides compensation for all personal injuries caused in traffic and the damage caused to the property of the innocent party.
There are different options to ensure lorries and trucks, vans and passenger cars, and tractors to cover vehicles’ damages.
Among different transport insurances, freight transport insurance assures the appropriate coverage of the chosen amount for shipments of goods. The freight to be transported by the cooperative can be insured with single shipment insurance or with a flexible transport insurance policy.
The carrier taking care of the removal of goods is liable for the transport damage caused to the goods with their responsibility area. A road transport insurance is intended to compensate for the transport liability falling on the carriers.