Coverage for injuries or damages to third parties during transportation is offered by
general liability cargo insurance. This type of insurance protects the business against financial losses brought on by lawsuits, medical costs, or property damage from events affecting the cargo being transported. General liability cargo insurance is necessary for businesses to guarantee their protection in the event of unanticipated events.
In addition, businesses that depend on the distribution of goods must have truck cargo insurance because any loss or damage to the cargo could result in large financial losses. Having this insurance protection guarantees that companies won't experience any major setbacks and can retrieve the value of items that are lost or broken.
Both general liability cargo insurance and truck cargo insurance are essential for businesses involved in transporting goods. While general liability cargo insurance protects against damages or injuries caused to third parties,
truck cargo insurance specifically covers the goods being transported.
