Other insurance policies designed to help provide financial protection to companies in the trucking and transportation industry include:
Trailer interchange insurance covers the repairs for the damage to another’s trailer that is caused by the insured.
Bobtail insurance coverage helps pay for damages if there’s an accident while the driver is not hauling a load.
Non-trucking liability insurance helps provide coverage if the tractor trailer is being used for nonbusiness purposes.
Cargo insurance coverage helps pay for damage to the contents of a load if there’s an accident while the cargo is in the custody and control of the tractor trailer driver. Insurance companies write cargo insurance policies based on the commodities hauled. Your agent can help you get the right coverage for your company.
Environmental liability insurance helps pay for the cost of cleaning up a spill that may contribute to pollution or is environmentally toxic after a qualifying event.