Dry Van Trailer Insurance
Dry vans are the most common type of trailer in the trucking industry. They’re essentially big empty boxes without features like temperature control. They are used as semi-trailers, and typically haul freights that are not sensitive to temperature. Because truck insurance and cargo insurance do not cover trailers, dry van trailer insurance is a must for anyone who wants to protect their trailer in the event of an accident.
Do You Need Dry Van Trailer Insurance?
Generally, trailers do not belong to the shipping companies that haul them. This is why customers usually require shipping companies to have dry van trailer insurance. This way, they can protect their asset while the shipping company uses the trailer. This is also called trailer interchange insurance.
If you haul dry vans for work, the chances are good that you already know that you need this insurance. For nearly all loads, the companies that would hire you will require it. Even if they don’t require it, though, it’s always a good idea to protect your livelihood a little bit more. After all, if something does happen to the trailer, the trucker is responsible for any repairs or replacement.
Trailer interchange insurance is essentially physical damage coverage for trailers. It pays out in case of collision, fire, theft, vandalism, and other incidents that cause damage to the trailer. The trucker hauling the dry van trailer is responsible for it and has to pay for any damage.
When you get this kind of coverage, you’ll need to choose a deductible and a limit. Your deductible is how much you agree to pay for repairs or a replacement. Your limit, on the other hand, is how much your insurance will pay. These two parts determine how much your premiums will be.
Dry van trailer insurance is a great investment for any hauler. Whether you’re an experienced trucker picking up loads for massive freight companies or you’re just starting out with smaller loads, SafeLine can get you the dry van coverage you need!
Contact us and get optimized dry van coverage today!