What is Cargo Insurance?
Motor Truck Cargo Insurance provides coverage for the goods being moved by for-hire trucking risks. It is used to protect the cargo for loss, damage and theft while in transit. Cargo policies can also include coverage for such occurrences as mechanical breakdown and refrigeration units and debris removal after an accident. Cargo policies come in various limits based on the type of goods and the maximum value on any one unit at one time. Various deductibles are also available.