Cargo insurance offers protection and coverage against the risk of physical damage to cargo. It also covers damage to freight from external causes that can happen during shipping by vehicle, plane, or boat. It is a type of insurance for the commodity being hauled by a contracted trucker or shipping company, and covers your portion of liability for anything that is lost, damaged or stolen. This can occur due to a variety of reasons, such as fire, collision, accident or theft.
Cargo insurance is available on policies intended for-hire truckers with one of more of these body types: dump truck, tractor, trailers, box trucks, cement mixers, cargo vans, flatbeds, haulers, and many more. Many other types of businesses should also look into insuring their cargo or the cargo of others, if they are in this kind of business.
To find out more about cargo insurance, contact Emar today!
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