Need-To-Knows
- Covers damages explicitly done to the cargo
- Average coverage ranges $100,000 - $250,000
- Policies have different types of exclusions
When choosing your Motor Truck Cargo provider, you chose your limit as well as your deductible. Keep in mind that choosing a higher deductible will lower premiums, but be sure you chose a deductible that you can afford to pay out of pocket at the time of a claim. You should also ask your agent to provide you with any and all exceptions and restrictions that may apply to your policy and ensure refrigeration breakdown coverage is included if you are hauling reefer commodities.
Our team of specialists can help you figure out the coverage required by the operations and regulations you work under. Be upfront with your budget and open with your agent to move through the motor truck cargo coverage policy creation quickly. Here are a few examples of the coverage options we offer:
Coverages Under Motor Truck Cargo
Coverage is commodity-specific. Excluded commodities can be added by endorsement, and sometimes may have a fee.
Reefer Breakdown
Covers losses typically excluded under the policy due to malfunction of the reefers that may cause temp change and cargo rejection.
- Has a standard $2,500 DED
- Does not cover the cost of reefer unit repair
- Requires logged maintenance every 30 days
- Neglect exclusions still apply
Trailer Interchange
Under the trailer interchange agreement, it covers damages to a non-owned trailer, and a trailer even if not attached to a listed power unit.
- Mostly geared to collision-based damages
- Coverage requires stated amount and deductible
Clean Up/Debris Removal
Covers clean up done by tow company in the event cargo spills out of trailer during a collision.
- Can sometimes cover trans loads
- Can range from $5,000 – Unlimited
- Exclusions apply
Don’t hesitate! Call Marquee Insurance Group today to find out what coverage option is best for your motor truck cargo. You can also generate certificates or file a claim through our website. Our specialists pride themselves on providing you with unique, strategic coverage plans to help keep customers satisfied.
