Definition
Insurance that protects the value of cargo against loss or damage while it is being transported by road. Carriers and shippers take out goods-in-transit cover because a transporter's standard liability is usually limited by contract. In South Africa it is widely required by cargo owners before they entrust freight to a road haulier.
Frequently asked questions
What is GIT (Goods-in-Transit) Cover?
Insurance that protects the value of cargo against loss or damage while it is being transported by road. Carriers and shippers take out goods-in-transit cover because a transporter's standard liability is usually limited by contract. In South Africa it is widely required by cargo owners before they entrust freight to a road haulier.
Which glossary terms are related to GIT (Goods-in-Transit) Cover?
GIT (Goods-in-Transit) Cover is a road, rail & inland term in the South African import/export industry. Related terms in the same area include Abnormal Lead Escort, Abnormal Load, Abnormal Load Permit, Axle Load, Backhaul — each has its own plain-English definition in the TradeCaravan glossary.