What are the requirements for Truck Cargo Insurance?
You will need to select a coverage limit for your Truck Cargo Insurance Coverage, which will be the basis for what your insurance company will pay out in case of damage. There will also be an option for a deductible. Higher deductibles equal a lower monthly premium. Depending on what you are hauling, our Commercial Insurance Specialists will be able to make a recommendation, but generally, a minimum of $100,000 in cargo coverage is recommended.
All Risk and Broad Form Policies:
- Reefer breakdown
- Loading and Unloading
- Debris removal
- Pollution clean up
- Aggregate deductibles
- Earned freight charges
- High valued commodities requiring limits of $250,000 per vehicle or higher