Motor Truck Cargo Insurance
Motor truck cargo insurance covers the freight you are hauling if it is damaged, destroyed, or stolen in transit.
Brokers and shippers routinely require proof of cargo coverage before they will tender a load — commonly $100,000, with higher limits for high-value commodities. The right limit and the right commodity disclosures keep you load-eligible.
What it covers
- Freight damaged or destroyed in a covered accident or event
- Theft of cargo in transit
- Debris removal and freight at-risk charges
- Refrigeration breakdown (with reefer breakdown added)
Who needs it
For-hire carriers hauling other people’s freight. Required by most brokers and shippers before a load is tendered.
Common questions
- How much cargo insurance do brokers require?
- Most brokers require at least $100,000 in cargo coverage. High-value freight — electronics, pharmaceuticals, metals — often requires more, and some commodities (like reefer loads) require specific endorsements such as reefer breakdown coverage.