Anyone who hauls goods, commodities, or freight will need motor trucking cargo insurance. Motor truck cargo helps to hedge against the event of a loss of the cargo being transported. When you transport items you are taking responsibility over those goods while they are in your possession. It SHOULD be clearly defined and outlined by both the trucker and the broker exactly how much responsibility is taken on by the trucker. These terms can be established by contract, by bill of lading disclosure, or sometimes by published tariffs. Unfortunately, most of these details are overlooked in these types of situations. Make sure to speak with your broker about ways that you can better cover yourself while hauling any type of cargo.

Motor truck cargo insurance is a protection for the transporter or trucker. It helps to aid the trucker in the event of a loss of cargo or freight. Motor trucking cargo policies are based on a maximum load amount per truck on the policy. Co-insurance can be a big problem for those that under-insure their cargo. Make sure that you understand the co-insurance clause. Our agents and brokers can help you understand all parts of this common insurance policy.

The Motor Truck Cargo policy, just like all insurance policies, should be tailored to meet the needs of your business and operations. It can help to cover you wherever you are exposed. Some of these policies can cover the cargo even when it is in the terminal or the warehouse waiting to be transported. This type of exposure is only present when it is not possible to deliver the goods on the same day as they are received by the transporter. This coverage is included as long as you don't charge a separate fee for the storage and warehousing of the goods.