PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
What is cargo insurance?
Is motor truck cargo insurance required to be on the road? If so, why?
Shannon Martin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Motor truck cargo insurance may be a federal requirement depending on what is being hauled and the rules can vary in each state. However, most businesses require their truckers to have this type of insurance, making it a stipulation of their contract.
Motor truck cargo insurance, aka
cargo insurance
, provides coverage for the goods and items while the truckers haul them. It can cover losses like:- Fire
- Theft
- Wind
- Hail
- Destruction due to an accident
The value of the goods transported will often change, so make sure to pick a limit that will adequately cover your exposure.
If you are required to carry cargo insurance, the federal requirement is $5,000, but it is in your best interest to have more. For example, some contracts require $100,000 of coverage, while hazardous materials may need $2 million worth of coverage.”
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance for Your Car
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
