Insurance policies do vary. There’s always a special insurance to cover a particular client’s insurance needs. Among the insurance policies highly favoured by drivers owning refrigerated transport vehicles is the Reefer Truck Insurance Policy, or Refrigerated truck insurance. Reefers are used in delivering highly perishable goods like dairy products, fruits, vegetables, fish products and other seafood products.. So, what’s good about this insurance policy? I’m going to share with you some relevant information on the full coverage of this insurance.
What is Reefer Truck Insurance?
Reefer Truck Insurance is a type of insurance policy that caters to owners of transport vehicles with customised refrigeration or cooling systems designed to preserve the freshness of food items that are considered to spoil easily while on a delivery journey. The extent of coverage of this type of insurance usually addresses the day-to-day challenges that owners of these refrigerated vehicles experience like spoilage of goods, road collision or total breakdown.
What is the coverage of a Reefer Truck Insurance Policy?
A comprehensive Reefer truck insurance policy generally covers the following issues:
Just like any cargo or transport truck intended for daily deliveries, this refrigerated transport vehicle is also prone to major breakdown. That’s the main reason why many business owners owning this type of vehicle would like to get the Reefer Truck Insurance Policy because it provides protection coverage in events of financial losses encountered due to an engine failure or faulty cooling system. The client covered under the Reefer Truck Insurance can file a claim based on this unavoidable event.
Loading and unloading issues
Accidents do happen when you are about to load or unload cargo. The Reefer Truck Insurance Policy assures you are protected for perishable goods damaged while being loaded or unloaded from your cargo truck.
Removal of unwanted debris
When your transport truck is off the road, accidents do happen beyond your control like a major collision. As a result of this accident, unwanted debris from your Reefer Truck could cause traffic delays along the road. If this happens, expect your Reefer truck insurance to help you finance the cost for removal of debris.
Another guaranteed coverage of a comprehensive Reefer Truck Insurance Policy is cargo loss. Here, the client with a Reefer Truck Insurance Policy can receive compensation for any earnings lost during a cargo loss.
Collision and comprehensive
Some of the concerns of refrigerated truck owners is the fear of encountering unpredictable events while on the road like collision, theft, accidental fire or vandalism. Again, if you have a Reefer Truck Insurance, your policy protection covers whatever problems or external factors that your vehicle will have to deal with on a daily basis.
Towing and storage
There will be one day in your life as a cargo truck owner that your vehicle will need to be towed and stored due to physical damage. In the case of a claim, if you are covered with Refrigerated Truck Insurance or Reefer Insurance, your policy will generally cover expenses involved for towing or storage purposes.