Does cargo insurance replace a freight claim?

They run in parallel. A CMR claim recovers up to the weight-based cap; cargo insurance covers the value declared in the policy. An insurer settling a claim takes over the right to pursue the carrier for the capped amount. Holding insurance does not remove the need to note a reservation at delivery — insurers expect the same evidence a carrier would.

Read more about this topic in our article

What is a Freight Claim?