Insurance for Temperature-controlled Trailers
Whether you’re keeping flowers cool and fresh or preserving paint at room temperature, hauling perishable or delicate goods calls for a reliable reefer. Insurance for temperature-controlled trailers needs to cover a range of scenarios that could threaten your cargo and disrupt your work.
What kind of coverage do temperature-controlled trailers need?
While spoilage is a top concern, it’s not your only risk. Many types of perishable goods are big targets for cargo theft, from fruit to meat. You also have shortages in capacity, the threat of temperature variance, and the vulnerabilities of telematics technology to consider.
When there’s a lot to monitor, there can be more room for mistakes – and more to consider when it comes to insurance coverage. We’ve developed a policy tailored to reefers and temperature-controlled trailers, including features like:
- Commercial Automobile Coverage
- Cargo Insurance
- Commercial General Liability
- Warehousemen’s Legal Liability
- Property Insurance
Need more? No problem.
We have other handy coverages for trailer operators, like our Select Endorsement: this extends coverage to include your operations as a freight forwarder or load broker.
When you deal with shipping contracts, you’ll welcome the features of this coverage, including Declared Value of Cargo, Brands and Labels, and Control of Salvage. Your broker can walk you through all the advantages of Select Endorsement!
When can temperature-controlled trailer insurance come to your rescue?
Keeping a stable temperature can be more difficult than it seems. Just a few degrees too cold or too warm could jeopardize a fruit shipment, and delicate products like paint are both flammable and vulnerable to freezing conditions. But temperature control is only one challenge your fleet could face.
Your insurance should be broad enough to respond in a range of situations that could arise between point A and point B, but also deep enough to ease the costly burden of a covered loss. Here are a few scenarios where specific features can come into play.
When things go bad, you need a safety net
Spoilage can be a major concern, and sometimes a simple mistake can turn into a major loss. If, for instance, an employee mixed up Fahrenheit and Celsius when setting the temperature on the reefer, you may find your load of chicken is ruined when it arrives at its destination.
Human error is part of life, and when it affects your cargo, you could get help from your carrier’s cargo liability policy. Cargo insurance is designed to help cover the cost of lost or damaged third-party cargo while it’s in your possession.
Thieves can leave you in the lurch
Cargo theft is on the rise, and thieves are getting greedier: not only are they targeting big, high-value loads, but now some are stealing the truck itself, dismantling it, and profiting off the parts.
When you lose your truck and trailer to crafty criminals, you’ll look to auto insurance for help – but personal auto coverage won’t cut it. You’ll count on your commercial auto coverage to help with the costly consequences of the cargo, trailer, and vehicle loss.
Beware of hazards on your lot
You’re aware of risks on the road, but keep in mind you can be held responsible for incidents on your lot or in your warehouse, too. If a visitor was to slip and fall on a slab of ice or perhaps a slick of oil, they could injure themselves badly – and blame you for the incident.
Commercial general liability (CGL) coverage is crucial for any carrier to have, considering how one small incident could bring expensive consequences. If a customer or other visitor brought a lawsuit against your company for an injury or property damage that occurred on your worksite, your CGL coverage could help with the costs of the legal proceedings.
Assistance at every step of the way
On top of our comprehensive core coverage and exceptional customer service, your business insurance policy grants you access to our Assist services for extra peace of mind.
Learn more about how and when our Assist services can come to your rescue!
Commercial Truck Filings
Proving that you have enough liability insurance to meet all federal requirements isn’t an option – it’s a necessity. That’s why we help complete and expedite federal filings for our customers who do business in the U.S.
Plans change, and last-minute arrangements can be stressful. When you’re short on time, we can get things moving right away, arranging your financial proof of responsibility quickly so you can stay on track without risking a penalty when you cross the border.
Managing Risk
We know that risk differs across industries. We also know that your temperature-controlled trailer fleet is unique, and the challenges you face deserve careful consideration and a personalized approach. Insurance plays an important role, but it’s not everything – you can lean on our industry expertise, library of focused resources, and confident guidance to take your protection and loss prevention to the next level.
