What is Cargo Insurance?
A. Cargo coverage protects the transporter for their liability in the event of damaged or lost freight. The policy is purchased with a maximum load limit per vehicle. It is very important that you evaluate your financial exposure with each load to make sure that you are adequately protected. Under-insuring a load can prove catastrophic in the even of a loss. These policies can often have exclusions such as unattended vehicles, maximum theft limitations on target commodities such as garments, liquor, electronics etc. Make sure that you understand what your policy covers. Back to top Q.
