Protecting Your Cargo: How Commercial Auto Insurance Covers More Than Just Vehicles

Commercial auto insurance offers much more than vehicle coverage. One of the key benefits of commercial auto insurance is its ability to cover the cargo you transport. The value of the items in your vehicle can be significant; commercial auto insurance can provide coverage for these items in the event of theft, damage or loss during transit with commercial cargo insurance.

How Does Cargo Insurance Work?

Commercial cargo insurance and commercial auto insurance work together to provide comprehensive financial protection for businesses that transport goods. While commercial auto insurance primarily covers the vehicle and liability for accidents, commercial cargo insurance specifically protects the goods being transported.

When a business vehicle is in an accident, commercial auto insurance can help financially safeguard against damage to the vehicle and any third-party liabilities, such as injuries and property damage. However, the cargo inside the vehicle is not typically covered under standard auto insurance policies. This is where commercial cargo insurance comes into play. It can cover the loss or damage to the goods being transported, whether due to accidents, theft or other unforeseen events.

By combining these two types of insurance, businesses can ensure that both their vehicles and the valuable cargo they carry are protected financially. This dual coverage is essential for minimizing financial losses and maintaining smooth operations, especially for businesses that rely heavily on the transportation of goods.

Contact Us

Our experienced agents can help you get appropriate commercial auto insurance coverage, including cargo coverage. Contact Gomez Tax Inc in Oklahoma City, OK, to compare quotes from top Oklahoma insurers.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.