One of the major types of insurance policies that you will have to deal with in the trucking industry is cargo insurance.This is typically a requirement by the shipper before they will assign you the bill of lading. Hopefully you are working with a reputable commercial insurance company that can properly aid you in the type of policy you need but it is also important that you have a general understanding as well of your specific insurance coverage needs to protect your business and yourself.

We will be taking a deeper look at this type of policy and the different variations of it to give you a better insight and level of preparedness when it comes time to add it. The various types include land cargo, marine cargo, all risk, general average, warehouse to warehouse, and perils policy. How do you know which policy is right for you and the specifics of your business?