Doing business with truck is very much risky as truck often needs to travel from one place to another whether it is a known place or unknown. Hence a truck owner as well as a truck driver needs insurance so that they may get at least some help if they meet any accident.
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Bobtail insurance and Non-trucking insurance are similar in many extents and hence people often get confused regarding liability and coverage of these two insurances. Generally the basic liability coverage insurances are very much needed for the truckers.
Motor truck cargo insurance is a cargo insurance coverage. It provides insurance to the cargo carried by trucks or multi wheeled trailer in case these goods are damaged, stolen or lost. These goods are insured throughout the process of transportation until they reach the buyers.