Have you ever searched for Tennessee commercial truck insurance before? If you’re searching for truck insurance in Tennessee, you’re in the right place. It is possible to find trucking insurance policies that meet your needs in Tennessee through a number of insurance companies. Thousands of insurance companies operate in Tennessee, making it easy to become confused about which insurance to purchase. Many trucking insurance companies in Tennessee struggle to find coverage that offers the best features at an affordable rate. It is safe to say that Mayflower is one of the most recognized truck insurance companies in Tennessee, United States of America. Yes, you heard correctly; you can find the most suitable policies for your needs here.
Cargo coverage is an essential type of coverage for trucking companies and independent truck operators. It protects the freight transported by the commercial truck in case of an accident, theft, or other covered loss. The cost of replacing lost or damaged cargo can be significant, and independent truck operators could face financial losses.
There are several types of cargo coverage available for commercial trucks, including freight coverage, Intermodal coverage, and more. Freight coverage is the most basic type of cargo coverage and covers the cost of replacing lost or damaged cargo. This type of coverage is typically required by shippers and is an integral part of a trucking company’s insurance package.
Intermodal coverage is another type of cargo coverage that covers losses caused by events other than collisions. For example, theft, fire, vandalism, and natural disasters, for cargo that is transported by multiple modes. This coverage is essential for trucking companies that transport cargo via various modes of transportation, such as trucks.
Cargo coverage also includes coverage for hauling hazardous materials. This type of coverage is essential for trucking companies transporting hazardous materials. Dangerous materials coverage will pay for replacing the lost or harmful damaged materials, up to the policy limits, minus any applicable deductibles.