Products Logistics and Commercial Marine Motor Truck Cargo

Motor Truck Cargo

Property in motion is just as vulnerable to loss as fixed property, often even more so, but a standard property policy will typically exclude or limit coverage while in transit. In addition to the standard exposures such as water and fire; the risk of theft, temperature change and collision are increased when property is being transported. If your client is responsible for the goods they are transporting, whether by land or sea, April Canada can help you with Motor Truck Cargo insurance.

**Available for  Ontario Saskatchewan Manitoba Alberta  and British Columbia 

Target

  • Short to medium haul carriers (within or between provinces)
  • General freight
    • Excluding cement, petrochemical or explosives

Coverage

  • Broad Form coverage
  • Included sublimits, with options to buy up:
    • Debris removal $10,000
    • Unattended truck $100,000
  • Coverage options:
    • Reefer/Refrigeration Breakdown
    • Trailer Interchange
    • Target Inclusion
    • Riggers Endorsement
  • Also available:
    • Contingent Cargo

Underwriting norms

  • Limits up to $500,000
  • $750 minimum premium
  • Rates and deductibles vary by commodity type
  • Credits available for >3 units or short haul carriers (<80km)
  • Supporting CGL available

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