Motor Truck Cargo Insurance

Motor Truck Cargo, also known as Commercial Cargo Insurance, provides coverage for freight hauled by an insured semi truck or commercial vehicle on behalf of their clients. Cargo protects your company from damages to freight and your important business relationships.

Cargo insurance coverage provides financial protection for cargo in transit under a bill of lading. Our wide range of insurance options cover most incidents, including:

• Fire, lightning, or explosion
• Windstorm or hail
• Collision
• Overturn or derailment
• Collapse of a bridge
• Flood
• Theft
• Vandalism
• Earthquake

Some cargo insurance companies provide endorsements with additional coverage from earned freight, replacement of damaged goods, diminished value, constructive total loss, reefer breakdown, and more. An experienced truck insurance agent will provide guidance on the right coverage.

Who needs to purchase cargo liability insurance?

Many freight brokers require truckers to carry cargo liability insurance. Not only does it cover the cost of the cargo, but also cleanup, pollution removal, and more. The financial stakes are simply too high. 

Whether you operate within your state or across state lines, our commercial truck cargo insurance policies are crafted to meet any need.

Limits and deductibles

When you purchase cargo liability insurance coverage, you must choose a limit for your coverage. This limit is the maximum amount your insurance company will pay for damages or destroyed cargo.

In addition, you must choose a deductible. A deductible is the amount of money you consent to pay on your own when the insurance company pays out for a claim. Opting for a higher cargo deductible can reduce your insurance premium. However, ensure that you select a deductible amount that is manageable for you to pay at any moment.

The Trucking Insurance Services Advantage

Our truck insurance agency partners with a vast array of A-rated insurance companies to provide cheap cargo insurance with excellent coverage. 

Only pay a single deductible

When the unimaginable happens and your truck, trailer, and cargo are damaged in a covered claim, some insurance companies may require you to pay three deductibles. We offer coverage that combines physical damage and cargo deductibles into a single deductible. This added benefit is not standard on all policies, so ask your truck insurance agent how you can purchase coverage with a single deductible.

We offer hard to place cargo coverage

Standard insurance policies exclude certain cargo commodities such as hard liquor, live animals, marijuana products, tobacco, pharmaceuticals, and art. Our network of insurance carriers can provide tailored insurance coverage for hard to place risks. We write monoline cargo policies to insure your freight no matter the commodity.

Ready to buy cargo insurance?

Start the process of safeguarding your cargo by contacting Trucking Insurance Services. Our team is eager to assist you in finding the right insurance coverage for your trucking company. Contact an experienced trucking insurance agent today at 855-281-2924.