If your company uses a delivery truck, then you need insurance to go with it as that content you carry aren’t covered by your automobile insurance. Delivery trucks are a vital part of many businesses. Whether your company has a fleet of long-haul trucks, semis, flatbed trucks, or local delivery trucks, it is wise to invest in an insurance policy that will protect your vehicles, the employees driving them and the contents being carried. Aren’t sure whether delivery truck insurance is right for you? ALIGNED is here. We can explain exactly how delivery truck insurance works and walk you through the coverage options. As commercial insurance experts, we will match you with a comprehensive delivery truck insurance policy in no time.
What Is Insurance for Transporting Goods?
Insurance for transporting goods, often referred to as cargo insurance, freight insurance, or transport insurance, is designed to protect goods from damage while in transit or while being loaded, unloaded or stored somewhere before reaching their final delivery place. This way, your business won’t have to focus on the safety of the goods once they leave your hands. Instead, you can rest easy knowing you’re financially protected no matter what happens during transport. There are typically multiple types of transport insurance available to businesses, depending on the mode of transportation. For example, land freight insurance is for goods travelling by train or truck, air freight insurance is for goods travelling by airplane, and sea freight insurance is for goods travelling by ships, but all technically types of Cargo/Marine insurance.
What Does Insurance for Transporting Goods Cover?
As mentioned above, transport insurance aims to cover risks pertaining to the transport of goods. Coverage varies by policy, depending on which coverage types and limits you purchase. Comprehensive freight insurance typically includes all-risks coverage, which protects the shipper’s goods in the event that they are damaged (due to an accident, incorrect handling, etc.), stolen or lost.