Cargo Liability Insurance
Protect the freight that keeps your business moving. GEICO’s cargo insurance helps cover cargo loss or damage during transport, loading, or unloading—so you can haul with confidence.
Protect the freight that keeps your business moving. GEICO’s cargo insurance helps cover cargo loss or damage during transport, loading, or unloading—so you can haul with confidence.
Cargo insurance, also known as motor truck cargo insurance and freight insurance, provides coverage for potential damage to the property of others while in transit or during loading or unloading. This coverage provides protection for accidents like collision, load strikes, fires and more.
It's made for for-hire truckers hauling someone else's property. It can also cover some pollution removal and loss-recovery expenses. In this guide, we'll discuss who might need cargo insurance, its importance, different types, and more.
Many risk managers now require cargo insurance from truckers. This coverage is designed for for-hire trucking operations. For-hire truckers using the following types of vehicles commonly need cargo coverage.
Cargo insurance serves as a vital safety net for trucking companies. It saves them from the financial burden of cargo damage, loss, or harm during transport, loading, and unloading.
It also extends its protective reach beyond cargo. For instance, if a truck gets into an accident on the highway, and the cargo and debris end up on the road, cargo insurance may help cover the cleanup expenses. Cargo insurance protects from these unexpected costs, making it a valuable asset for trucking businesses.
Explore the various cargo insurance coverage options provided by GEICO. This includes motor truck cargo insurance and motor truck cargo insurance with refrigeration breakdown.
Motor truck cargo insurance may not be offered in all states. Contact us for specific information about your area.
Motor truck cargo insurance does not cover certain vehicle types like limousines, buses, and ice cream trucks. There are also exclusions for specific cargo types, such as:
The cost of cargo insurance can vary on factors like the type of cargo you're transporting.
Several key factors influence the pricing of your cargo insurance premium:
For an accurate price, please request a quote online or reach out to us at (866) 509-9444
At GEICO, we offer competitive rates and excellent service. When you purchase a commercial auto policy from GEICO, you have the option to add an endorsement for motor truck cargo coverage. We also have the resources and capability to handle and pay your claims quickly. Find out why it's a smart choice to get your truck insured with GEICO. Call us at (866) 509-9444. You can also visit our website to request a free insurance quote today.