Motor Truck Cargo
Motor truck cargo insurance (cargo) provides insurance on the freight or commodity hauled by a motor carrier. A growing number of risk managers require motor-carriers to insure their cargo. This insurance covers you when you are responsible for damage to or loss of the cargo due to fire, collision, or even hitting or running over cargo that you transport.
Motor truck cargo carriers and shippers face a variety of potential loss events when people take their equipment and products on the road. Valuable goods can be damaged in a collision, fire, theft, carjacking and more. Even while loading and unloading or at holding terminals there is risk for loss events. Ensure your cargo is covered no matter what, simply by having motor truck cargo coverage. This is unlike carrier liability insurance which normally only covers damage or injuries to other people or property, but not the cargo specifically.
Motor Truck Cargo insurance is designed to cover for-hire trucking risks on vehicles like tractor trailers and other similar local and long-hauling vehicles used for transport. It can also be designed to cover specific shipments, or a series of shipments that will take place within the lifetime of the policy. This type of insurance covers losses and risks to cargo such as collision, fire, theft, equipment failure, water damage, and even refrigeration breakdowns.
Request A Quote with Titan Risk Solutions today for more information on Motor Truck Cargo Insurance options. We look forward to finding you the best policy for the needs of your business.