Grasonville MD, 21638
Do I have to provide insurance or is it insured by your company?
The FMCSA requires that a carrier have proper filed & registered insurance. While the FMCSA does not have a mandated minimum, the strandard industry practice requires carriers to have insurance of $100,000 per vehicle on the transport. Most reliable carriers will have a $1,000,000+ policy to cover high value loads. A professional broker will also carry their own contingent cargo insurance that will step in to protect the shipment in the event the primary policy denies coverage or comes up short.
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