Motor Truck Cargo Insurance covers liability for cargo lost or damaged while in transit. If you carry freight for third parties, carrying a valid cargo policy is a strict requirement from almost every broker and shipper before they dispatch a load.

Standard policies cover cargo losses resulting from transit collisions, vehicle rollover, fire, and theft. However, certain exclusions (like temperature control failure on reefers, or unattended vehicles) must be reviewed carefully with your broker.

Limits and Exclusions

Most standard freight contracts require a minimum of $100,000 in cargo liability coverage. High-value commodities may require limits of $250,000 or more. Having the proper limits ensures your trucks stay loaded with premium cargo routes.