Greenwoods Cargo team has developed a range of solutions for Trucking business which includes:

  1. 1. Motor Truck Cargo Liability insurance (MTC)

  1. 2. Auto Physical Damage insurance (APD)

 

 

 

 

or a combination of both.

 

 

 

For large fleets or difficult to place risks we have excess markets enabling us to provide limits which meet our Client’s requirements.

Any transporter of goods assumes responsibility for the cargo he has taken control of.

Coverage applies only when the insured is legally liable and covers all shipments of described cargo during the policy term while on any truck, trailer, or semi-trailer or at a scheduled terminal.

We are able to provide coverage for all commodities in all areas.

Auto Physical Damage for trucks, trailers and services units.

A comprehensive “All Risk” policy form incorporating coverage in the event of a Client’s automobile being damaged, destroyed or lost as a result of fire, theft, vandalism or collision.

Auto Physical Damage (APD) risks can range from short haul, single unit owner operators to the largest long haul fleets.

We are able to allocate regional loss adjusters to individual policies who negotiate and have the authority to settle claims on behalf of Underwriters.

In addition, we can assist the Trucking industry by providing Trucker’s General Liability (GL) and Non-Trucking Liability (NTL), which may not be covered under an Auto Liability policy.

What can we offer…

  1. Motor Truck Cargo (MTC) based on an “All Risk” Form, but can amend to “Named Perils” if required.
  2. Automatic inclusion of € 10.000,00 coverage for additional salvage expenses
  3. Target Interest Inclusion Endorsement – divided into categories to enable complete subcategories to be deleted or incorporated where appropriate.
  4. Larger risks adjust based on gross receipts. Smaller risks will attract a flat premium.
  5. Trailer Interchange including whilst unattached at named terminals
  6. Physical damage to containers being hauled on a truck that is covered under a MTC policy
  7. Refrigeration Breakdown
  8. Coverage includes loading and unloading risks
  9. Unattended Truck coverage is available
  10. Auto Physical Damage (APD)
  11. Based on an “All Risk” Form
  12. Automatic inclusion of € 5.000,00 coverage for additional towing or storage expenses
  13. Monthly Reporting of fleet schedules
  14. Automatic Coverage Clause
  15. Downtime Rental Expense – coverage will indemnify the Assured for any reasonable expense incurred for a unit out of action
  16. Lease Gap – extending coverage to include the difference between the actual value of a unit and the outstanding loan amount.
  17. Combined MTC and APD
  18. Discounted rates and premium

A single occurrence deductible to apply for both coverages.

For more information please visit our site: www.greenwoods.org