For all the progress man has made in the early years of the 21st century, you’d expect trucks to be obsolete right now. But despite rail being a cheaper mode of transporting goods and air being the fastest of them all, trucks still find their relevance in that they bridge the gap between manufacturer and consumer. I mean, once goods are delivered to the city by either rail or air transportation, how else are they going to make their way to your doorstep? At we realize the many challenges consumers and retailers alike try to overcome by using alternatives to trucks. However so, a truck is the most convenient door to door delivery system known to man and it’s about time you start considering truck insurance and how best it can allay some of the fears that are inherent to using road transportation.

Trailer Interchange vs Non Owned Trailer Coverage

It’s not uncommon for truckers to make use of trailers belonging to other truck owners. In fact, these days, it’s actually the norm rather than the exception, a scenario that is pushing insurers to extend auto over to the non-owned trailers attached to their vehicles. Be that as it may, it’s also not uncommon for insurers to exclude non-owned trailers from the original vehicle cover and expect trucking companies to add it to their policies separately.

So, what then are the main differences between trailer interchange and non owned trailer coverage?

Trailer interchange insurance is the most popular kind of truck insurance for trucking companies. It is extensive cover in that it covers the insured for damages incurred to trailers whether or not they’re attached to their vehicles at the time of the loss in question. All that is required is possession, i.e. the trailer must be in the trucker’s care. In addition, container haulage companies are included in the definition of trailers, thereby making it a convenient necessity in instances of intermodal operations where equipment includes both a container and a trailer chassis. What is perhaps the most distinguishing feature of trailer interchange insurance is that it requires the existence of an ‘equipment interchange agreement” before cover is extended to non-owned trailers that may, from time to time, be in your possession, custody or care.

Now, onto non-owned trailer coverage.

Non-owned Trailer Coverage

It should come as a source of satisfaction that this cover extends to your vehicle as well as to any non-owned trailers and containers attached to the covered vehicle. As if that wasn’t enough, this cover makes clear mention of maximum coverage amounts for physical damage on non-owned trailers. However, the true beauty of this kind of cover is that it is unnecessary to have a written agreement, it literally applies automatically. Suffice to say, insurance payouts are limited only to losses that are incurred when the non-owned trailer is attached to the power unit that is covered.

We have been selling trailer interchange insurance for years now, and in our humble opinion, it is the cog that keeps any trucking business afloat. Fires, vandalism, accidents and a host of unexpected losses bedevil truck owners every minute of everyday, threatening to cripple their operations indefinitely. However, with trailer interchange insurance and non-owned trailer coverage, all these fears are put to rest, thereby allowing truckers to fulfill their obligations to clients flawlessly. Considering the kind of valuables normally transported by trucks, it makes sense to protect oneself from the unknown.

So, give us a call today and find out more about our many offerings. At, we are devoted to giving you the peace of mind that allows you to carry on your trade or business profitably.