Risky Business What about Cargo?

chillout

Administrator
Staff member
On Time Media Staff
Everyone knows that Cargo insurance generally covers theft, fire and collision, but ever wonder what it doesn't cover?

Last time we talked about Liability insurance, where you're driving along and you hit someone or something. We also talked about Physical Damage insurance that covers your unit for Comp or Collision.

But what about Cargo, or the "stuff" you're hauling? Many Motor Carriers still provide this insurance for their Independent Contractors, but an increasing number don't provide it and require you to purchase that coverage.

Pages could be written on this subject, but let's keep it simple.

What does the average "Cargo" policy protect?

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