
Trailer interchange insurance
Trailer Interchange insurance provides Physical Damage insurance for trailers
being pulled under a trailer interchange agreement. This is essentially Physical damage insurance for non-owned trailers. This insurance protects you if the
trailer is damaged by collision, fire, theft, explosion or vandalism.
Since the exchanged trailers are not owned by you, they require separate
insurance coverage because they are not covered under your regular Physical
Damage insurance.
Who Needs
Trailer Interchange Insurance?
If
you have a trailer interchange agreement, you need Trailer Interchange insurance
to protect you while you're in possession of a container or trailer that you
don't own.
A
trailer interchange agreement is a contract that arranges to transfer a trailer
from one trucker to another in order to complete a shipment. Typically, the
trucker in possession of the trailer is responsible for paying any damages that
are incurred while they have the trailer.
© 2015 Integral Insurance Group
