If you’re driving a truck as part of a transportation fleet, it’s natural the truck must be insured. But what about whatever the truck is hauling? Trucking companies must also worry about insuring cargo on any haul, which can increase costs and produce new concerns. It’s important for any fleet owner to understand the cost of cargo insurance for trucking companies.
Policies for cargo insurance can vary widely in cost depending on the policy limit, what the cargo consists of and the annual premiums involved, but it’s essential for any trucker to know whatever they’re hauling is properly insured before they hit the road.
In general, though, cargo insurance can cost anywhere from $400 to $1,800 a year in annual premiums, or $35 to $150 a month for a standalone cargo insurance policy.
These wide variations are caused by a number of factors: the type of cargo being hauled, for instance, as some commodities are more expensive to cover than others, particularly volatile substances like gas or fuel. Other factors can include the limits of a cargo policy: the higher the limit, the more you’ll be paying for the policy; and your previous loss history, as previous losses can drive up future premiums.
For the best coverage, you’ll need to get as many specific coverages as possible for the appropriate cargos. Such coverages can include pollution liability, debris removal, theft, hijackings, sue and labor coverages, earned freight coverage, dishonesty coverage, water damage, loading and unloading coverage and reefer breakdown.
Some are only necessary for overall fleet owners, not owner-operators, while others may overlap, but it just shows the complexity of cargo insurance for each person involved.
What you need is someone who can demonstrate the best policies for you and find you excellent prices on such policies. Someone like CheapTruckInsurance.com.
By visiting their website, you can enter in details of your cargo and its requirements and get quotes from agents on the best policies at the best prices.
The professionals at CheapTruckInsurance.com know the challenges of navigating an unfamiliar insurance marketplace and are dedicated to doing the hard work for you.
As part of their comprehensive service, they will produce not just one, but at least three, competing quotes for your needs. This approach lets you compare and contrast quotes from various reputable insurance companies and find which one can get you the best coverage at the best rate, all right in front of your keyboard as you simply plug in the information on the company website and let them do the work for you.
You’ll get quotes from up to three agents competing for your business by trying to get you the best price possible.
With CheapTruckInsurance.com in your corner, you can find the best cargo insurance available and move on with an easy mind to actually hauling the cargo, knowing it’s properly insured if anything goes wrong.
Why let insurance be something else worrying you when CheapTruckInsurance.com can take care of this task for you? Visit them online, click the button to get your quotes and start the process of letting them find you the best possible insurance for your cargo you could want.