Cargo Coverage in Commercial Truck Insurance

In Houston, TX, trucking businesses play a vital role in keeping goods moving. Whether hauling oilfield equipment, produce or retail products, cargo is often the lifeblood of a company’s operations. While commercial truck insurance helps protect vehicles and drivers, many business owners may not realize that specialized cargo coverage is equally important.

What Cargo Coverage Does

Motor truck cargo insurance is designed to protect the goods being transported. If cargo is lost, damaged or stolen while under your care, this coverage may help pay for the financial loss. It typically applies whether the truck is on the road, parked at a terminal or temporarily stored during transit. Without cargo coverage, a business could face steep costs if a shipment is compromised.

Common Risks on the Road

Cargo faces a variety of hazards during transport, including the following:

• Theft—Cargo theft is a growing issue in Texas, particularly in busy ports and urban areas.
• Accidents—Collisions can lead to damaged or destroyed goods.
• Weather events—Severe storms, flooding and high winds, which are common in Houston, TX, can threaten shipments.
• Fire—A truck fire may result in a total cargo loss.

Tailoring Coverage to Your Operations

Policies can often be customized based on the type of goods transported. For example, a refrigerated carrier may need endorsements for spoilage, while a hazmat hauler could require higher liability limits. Exclusions may apply, so reviewing details with an experienced agent is essential.

Protecting Your Business Reputation

Cargo losses do more than affect finances; they can also harm relationships with shippers and clients. Having the right insurance in place helps demonstrate professionalism and reliability. Our team can help you explore cargo coverage options that align with your operations. Contact us today to learn more and keep your business moving forward.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.