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Progressive Insurance Enhances Coverage for For-Hire Truckers with Cargo Plus Endorsement

Progressive Insurance has launched a new endorsement, Cargo Plus, to expand protections for for-hire truckers. This endorsement, now available in 42 states, enhances Progressive’s existing motor truck cargo policy. It provides additional coverage for specific risks, ensuring better protection for truckers transporting goods.

What Does Cargo Plus Cover?

Cargo Plus builds upon Progressive’s motor truck cargo policy, which covers legal liability for damage to goods in a trucker’s control. The new endorsement adds protections for damage caused by wetness, rust, and corrosion, which are often overlooked in traditional cargo policies. It also covers temperature fluctuations for refrigerated loads, but only for policyholders with Refrigeration Breakdown coverage.

Truckers will benefit from broader coverage that addresses common risks in the industry, such as environmental damage or spoilage of refrigerated goods. This gives trucking businesses the peace of mind they need to operate effectively.

Why Is Cargo Plus a Game-Changer?

For truckers, cargo protection is essential. The risks of damage—whether from weather, mechanical failure, or poor storage conditions—can disrupt operations and lead to significant losses. Cargo Plus fills gaps in coverage that many standard policies miss. By adding protections against wetness and rust, Progressive provides a more comprehensive safety net.

Temperature-sensitive loads also benefit greatly from this endorsement. With refrigerated goods, maintaining consistent temperatures is critical. Cargo Plus helps truckers safeguard these products, ensuring temperature fluctuations don’t lead to costly spoilage or damage.

How Can Truckers Benefit from Cargo Plus?

New Progressive policies with Motor Truck Cargo coverage automatically include Cargo Plus. Existing customers with qualifying cargo or refrigeration coverage can add the new protections before their policy renewal. This easy upgrade ensures that truckers don’t have to wait for a renewal period to access these important benefits.

Peter Niro, Progressive’s truck product development manager, emphasized that this endorsement lets Progressive better serve its trucking customers by providing enhanced coverage, competitive pricing, and excellent customer service.

Saberlines Insurance: Your Trusted Partner in Trucking Coverage

At Saberlines Insurance, we specialize in trucking insurance, including trucking cargo insurance. If you’re a trucker, reach out to us today to explore the best coverage options for your business.