Motor Truck Cargo Insurance
Definition - What does Motor Truck Cargo Insurance mean?
Motor truck cargo insurance is insurance that covers cargo while it is being transported on trucks.This type of insurance is highly important for shipping companies or independent truckers because they often deal with very valuable cargo.
Insuranceopedia explains Motor Truck Cargo Insurance
There are a number of things that can happen to cargo while it is in transit from point A to point B—it might be lost, stolen, destroyed, catch fire. Motor truck cargo insurance helps provide coverage for such events.
It is inadvisable for shippers to attempt to transport cargo by truck without motor truck cargo insurance. By doing so, they face enormous risks.