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Do I need to buy insurance for the owner's version?
All cargo owners need to buy insurance.
1, because the beneficiary of freight insurance is the owner, not the driver, who pulls the goods and has no ownership of them.
2. Freight insurance protects the rights and interests of the shipper, so the freight insurance is purchased by the shipper and the insurance premium is paid by the shipper. But both the carrier and the shipper can insure it.
3. Many shippers feel that it is troublesome to buy insurance, and they entrust the carrier to be responsible for transportation and handle this insurance.
Most of them are bought by operators. In fact, this is decided by the shipper himself. The shipper can also buy it by himself without entrusting the carrier.
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