Motor Truck Cargo Insurance
Updated: 19 November 2024
What Does Motor Truck Cargo Insurance Mean?
Motor truck cargo insurance is coverage that protects cargo while it is being transported by truck. This type of insurance is crucial for shipping companies and independent truckers, as they frequently handle valuable cargo.
Insuranceopedia Explains Motor Truck Cargo Insurance
Several things can happen to cargo while in transit, such as loss, theft, destruction, or fire. Motor truck cargo insurance provides coverage for these potential risks.
It is highly inadvisable for shippers to transport cargo by truck without this insurance, as doing so exposes them to significant risks.
