Motor Truck Cargo Insurance

Motor Truck Cargo Insurance

An insurance policy that protects a trucking company from legal liability resulting from the loss, theft or destruction of cargo on a truck. This replaces the value of the lost cargo. As with all insurance, the policyholder must pay a premium to receive the coverage.
References in periodicals archive ?
Carolina Casualty specializes in writing liability, physical damage and motor truck cargo insurance for the nation's trucking industry.
Carolina Casualty specializes in writing liability, physical damage and motor truck cargo insurance for the nation's trucking industry, including local, intermediate, and long-haul truckers, as well as private carriers.
The coverages, underwritten on a non-admitted basis for customers with limited exposure to natural catastrophes, include: general "all risk" property; contractor's equipment; scheduled property; and Lex TransportPlus(SM) motor truck cargo insurance and vehicle physical damage insurance.
It also writes broad form motor truck cargo insurance, with maximum limits of $100,000 Adriatic is rated "A" by A.
Clearly, it is too early to predict whether this rebound in freight levels can be sustained through the spring and summer, and we remain concerned about pricing and the continuing challenges presented by higher operating costs, particularly for diesel fuel and auto liability and motor truck cargo insurance.