American Team Managers

The Importance of Liability Coverage for Your Cargo

When the trailer door closes on the critical shipment about to leave the dock, are you confident that your product is insured appropriately? All carriers must have the basic required coverage, but according to American Team Managers, typically this does not insure the cargo itself (or it only covers a small portion of it). Therefore, the cargo legal liability for any motor carrier shipment is an essential factor for a company’s total risk prevention.

Coverage for What Matters Most

In today’s world, the loss of freight during transport can mean more than just the casualty of that item. Costs related to theft investigation and environmental cleanup are examples of other potential circumstances. A freight transporter can obtain the insurance coverage necessary to help offset these detriments to the bottom line. Some common scenarios that motor truck cargo liability policies cover include the following:

  • Collision
  • Water damage
  • Theft
  • Fire
  • Equipment failure (including loss of refrigeration)

Customizable Protection

Additional endorsements are also available for added protection. Each policy can be customized for a specific shipment or blanket of shipments, so your goods can always be covered for the unexpected. Another advantage of freight insurance is that proof does not need to be presented in the claim that the carrier’s actions caused the loss.

Expect the unexpected. Consider all of the cargo liability options available before your next delivery hits the open road.