carrier insurance

Meanings

1. 1noununcountablebusinessfinance

   Insurance that protects a company transporting goods or passengers against loss, damage, or liability while goods are in transit.

   Grammar: Used as a mass noun with no plural: buy carrier insurance, not 'a carrier insurance'.

   Patterns

   • carrier insurance for something
   • take out carrier insurance
   • carrier insurance covers something

   The shipping company bought carrier insurance before sending the electronics overseas.

   Without carrier insurance, the freight firm would have to pay for the ruined cargo itself.

   Carrier insurance usually covers goods from the warehouse to the final destination.

2. 2noununcountablebusinessfinance

   Coverage bought by a transport company to protect itself against claims from passengers or shippers.

   Grammar: Also uncountable; often followed by for or against: insurance for cargo, insurance against liability.

   Patterns

   • carrier insurance against something
   • carrier insurance for passengers

   Airlines must hold carrier insurance against passenger injury claims.

   The trucking firm renewed its carrier insurance for another year.

Common combinations

take out carrier insurance

Small freight firms often take out carrier insurance before their first international shipment.

carrier insurance policy

Read the carrier insurance policy carefully to see what is excluded.

cargo carrier insurance

Cargo carrier insurance is essential for companies moving high-value goods.

carrier liability insurance

Carrier liability insurance pays out when goods are lost in transit.

carrier insurance premium

The carrier insurance premium rose after two claims last year.

Synonyms and how they differ

freight insurance

More specific to goods being shipped by freight, whereas carrier insurance can also cover passenger liability.

cargo insurance

Focuses on the goods themselves rather than the transport company's overall liability.

transit insurance

Emphasizes cover during movement, while carrier insurance may also apply at terminals and warehouses.

Word family

carrier noun

A company or vehicle that transports goods or people.

insure verb

To arrange protection against loss in exchange for payments.

insurer noun

The company that provides insurance cover.

Commonly confused: carrier insurance or career insurance?

Practice

Make it your own

Write a sentence using “carrier insurance”, then check it and compare it with the examples above.

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