As soon as they step behind the wheel of their cargo transporting rig, drivers take on the full responsibility of the load to make sure it arrives to its destination safely. If truck and freight operators experience an accident, they have the option to request a cargo insurance quote online to find the best deals.
How Is the Cost Determined?
The total cost of insurance for cargo truck companies is based on how many vehicles, the value or type of cargo or the type of vehicle transporting the cargo. After liabilities and risks are evaluated, the insurance broker will determine the best policy for your company.
What Type of Risks Are Considered?
An expert insurance broker will take a look at the types of guarantees or exclusions your company has created that may put your income at risk. The Motor Truck Cargo Insurance will cover the following types of risks.
- Cargo stored in the warehouse or terminal-Cargo in transit or being moved for transit-Cargo that has been delayed for transit or being shipped with other packages-Cargo that can be damaged from fire, collision or minor accidents
Are There Any Restrictions or Exceptions?
Its important to note that the Motor Truck Cargo policy only covers for-hire types of trucking services that use the following types of vehicle designs.
- Box trucks-Car haulers-Cargo vans-Cement mixers-Dump trucks-Pull-behind cargo trailers-Flatbeds-Tractors
To request a cargo insurance quote online, contact a reputable insurance broker.