Many brokers and shippers ask for $100,000 in cargo coverage, but some loads, like a full car hauler of late-model vehicles or electronics, can be worth far more. If a loss exceeds the limit, the carrier may owe the difference.
Check every high-value load
- Ask the declared value before you book.
- Compare it with your cargo limit, per load and per vehicle where the policy sets one.
- Know your deductible.
- Read the exclusions: unattended vehicles, theft from unlocked trucks, certain commodities, and reefer breakdown unless covered.
When the load is worth more
Ask your agent about a higher limit for the trip, or decline the load. Do not rely on the broker's coverage to pay a carrier's claim.
Keep the paper
Your certificate of insurance should match what the broker requires. Keep the rate confirmation and the bill of lading with the declared value.
Our cargo coverage check shows whether a load fits within your limit.
General information. Your policy decides what is covered; talk to your insurance agent.
This article is general information, not legal, tax or regulatory advice. Rules change; confirm current requirements with the responsible agency or a licensed professional.
