New owner-operators might not know this, but trucking businesses require varying insurance policies depending on their specialties. Generic coverages yield negligible advantages. For instance, if you specialize in intermodal trucking, a standard truck insurance policy might not cover all the road accidents and hazards that your trips face.
Intermodal shipping involves cargo delivered through various modes of transportation. These goods often come in containers. Moving container-based cargo in several vehicles comes with several unique risks, which standard truck insurance does not cover. You will typically need intermodal truck insurance if you specialize in these types of freight.
Are you looking for ways to keep your truckers safe and secure during trips? Assured Standard can help! Check out our tips explaining what truck drivers can do to prevent the risk of road accidents.
The need for extensive, practical intermodal trucking insurance is higher than ever. Statistics show that the trucking industry loses hundreds of millions of dollars annually to truck cargo theft. Most trucks now carry high-value gadgets, after all.
To ensure that your intermodal trucking services are safe from start to finish, opt for policies with the following coverages.
When shopping for intermodal trucking insurance policies, consult at least three different insurers. Intermodal policies vary from provider to provider. Shop around and extensively compare the various benefits offered to see which ones match your insurance needs best.
Intermodal trucking insurance provides coverage for cargo delivered through various modes of transportation, typically involving containers. It's specifically designed to cover the unique risks associated with intermodal shipping.
Intermodal trucking insurance is necessary due to the unique risks associated with the transport of container-based cargo through various modes of transportation. Standard truck insurance may not cover all potential accidents and hazards related to intermodal freight.
Essential coverages for intermodal trucking include primary liability, drayage, Over-the-Road (OTR), warehouseman’s liability coverage, and inland marine coverage.
Do you find it difficult to get the necessary insurance for your semi-trailer truck? Assured Standard has you covered! Read our comprehensive article on semi-trailer truck insurance to get a good starting point.
Marie Brown is an insurance underwriter. She completed her Economics degree at the Massachusetts Institute of Technology. With her expertise and dedication, she ensures her clients’ insurance applications are approved.
