CMR

The Road Carrier’s Liability Insurance is intended for insuring the liability of road transport operators, registered in Republic of Bulgaria, which transport freight against payment.

The insurance covers the responsibility of the carrier for the complete or partial absence or damage of the cargo from the moment of its acceptance for carriage until its receipt, as well as for delay in its delivery.

The carrier shall be released from this liability where the absence, damage or delay is due to errors of the holder of the right, to an order of the latter which is not the result of an error of the carrier, to an inherent defect of the goods or to circumstances which the carrier could not avoid, and consequences which he could not overcome. In order to exempt himself from liability, the carrier may not rely either on defects in the vehicle he uses to carry out the transport or on the mistakes of the person from whom he hired the vehicle or his employees.

A delay in delivery shall be deemed to exist when the goods have not been delivered within the agreed time limit or, if no time has been agreed, when the actual duration of the carriage exceeds the time normally required for such carriage carried out under the care of a good trader.

Insurance can be taken out for a period of one year, unless another term is agreed between the parties, or for a separate course.

The insurer may also conclude subscription insurance contracts within the meaning of the Insurance Code. Coverage is for all courses that the Insured performs during a certain period. The insured is obliged to declare all courses carried out by him.

• The territory of Europe and Asia;
• The territory of the Republic of Bulgaria;

The cost of the insurance is determined at the rate of the insurer and is paid, in a lump sum or in installments, within the terms specified in the insurance contract.

The form of the insurance contract is the insurance policy, accompanied by the statement of the insured, all annexes to it, general conditions, addenda and special conditions, as well as accounts for the paid insurance premium, which are an integral part of the insurance contract.

The insurance contract is concluded based on a proposal-questionnaire filled out by the applicant for insurance.

The insurance amount is determined based on kilogram gross weight of missing and/or damaged cargo, depending on the coverage chosen by the customer.

Compensation for complete or partial absence of cargo shall be in the amount of the damage, but not more than the agreed limit per kilogram of missing gross weight. In case of complete absence, the transport price, customs duties and other costs of carriage of the cargo shall be refunded in full, and in the case of partial absence — proportionally.

• To provide accurate, true and comprehensive information when taking out the insurance;
• To notify the insurer of any change in the declared circumstances;
• To pay the insurance premium under the contract within the agreed terms;
• To notify the insurer in a timely manner in the event of an event;
• To provide the necessary documents when making a claim;
• To take the necessary measures to prevent events that may lead to the occurrence of an insured event covered by the insurance contract;