(1) In the case of the insurance of goods against the risks of transportation by land or inland waterways, as well as the concomitant storage, the insurer bears all the risks to which the goods are exposed throughout the period of cover.
(2) If a ship is insured against the risks of inland waterway transportation, the insurer bears all the risks to which the ship is exposed throughout the period of cover. The insurer is also liable for that loss incurred by the policyholder as a result of a collision between ships, or of a collision with fixed or floating objects, on account of having to replace loss incurred by a third party.
(3) Insurance against the risks of inland waterway transportation covers contributions to gross average insofar as the average measure serves the avoidance of loss to be compensated by the insurer.