Motor Truck Cargo Insurance

What is motor truck cargo insurance?

Motor truck cargo insurance, also called cargo insurance, protects goods and materials transported by for-hire truckers. It covers a trucker’s liability in case cargo is lost, damaged, or destroyed due to various risks during transit. Key elements of this coverage include:

Removal expenses: Pays for the removal of debris or pollutants caused by the cargo you’re transporting.
Sue and labor: Covers costs related to preventing further loss to damaged cargo and related legal expenses.
Earned freight: Protects customers from charges associated with an undelivered load.

LPL Group has customizable truck insurance options that meet your needs. Work with our team of experts to start a cargo insurance quote and protect your business.

Who needs motor truck cargo insurance?

Some risk managers require that truckers insure their cargo. Commercial cargo insurance can help cover accidents related to the transportation of goods.

Types of trucks that typically need cargo freight insurance include:

Dump
Tractor
Box
Cement mixers
Cargo vans
Pickups
Flatbeds
Car haulers

Why do you need motor truck cargo insurance coverage?

Motor cargo insurance provides financial protection against damage, loss, or harm to the materials truckers transport. It covers incidents like fire, collision, and theft.

Many clients and shippers require this coverage to protect their goods, making it an important part of securing business contracts. Cargo insurance enhances your professional reputation and offers peace of mind, letting you focus on your work without worrying about possible setbacks.