Motor Truck Cargo

Mitigate your cargo transport risks

Do you move products across Canada or the USA? 2022 Global supply chain disruptions and climate change impact Canadian transport for motor truck cargo. No risk is overlooked.

MTC

Motor Truck Cargo

Motor Truck Cargo (MTC) is a type of inland marine insurance covering cargo while being transported in a truck. Coverage included is a common carries liability for theft, destruction or damage to a customers goods (property) while in transit.

Supply chains and channels have been very disrupted in the last few years due to pandemic, climate change events, supply change, and country invasions. If we have learned anything in the last 2 years, it is to expect the unexpected. Now is the time to ensure your Motor Truck Cargo insurance (MTC) is up to date and reflects your transportation requirements.

MTC insurance on the freight or commodity being hauled by a common or contracted motor carrier. It covers your liability for cargo that is lost or damaged due to causes such as fire, collision, striking of a load, or dumped loads with specific attention to environmental catastrophes.

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  • Minimum premium $3,500
  • Minimum deductible – $1,000 each & every loss; $3,500 each & every loss in respect of reefer breakdown coverage
  • Limits: primary MTC up to $100,000 any one truck/any one loss
  • Higher limits available on request
  • Limits: $10,000,000 any on loss excess of primary MTC
  • Most commodities considered
  • Cross border accounts – must be Canadian domiciled operations
  • Loss of load
  • Removal expenses
  • Legal defense
  • Carriers for hire
  • Freight brokers
  • Freight forwarders
  • Logistics
  • Warehouse operators
  • Other bailees

We work closely with our insurance providers and underwriters to offer custom cargo insurance backed by market leading capacity, flexible underwriting, strong financial ratings and fast claims handling services.

Motor Truck Cargo

Motor Truck Cargo (MTC) is a type of inland marine insurance covering cargo while being transported in a truck. Coverage included is a common carries liability for theft, destruction or damage to a customers goods (property) while in transit.

Supply chains and channels have been very disrupted in the last few years due to pandemic, climate change events, supply change, and country invasions. If we have learned anything in the last 2 years, it is to expect the unexpected. Now is the time to ensure your Motor Truck Cargo insurance (MTC) is up to date and reflects your transportation requirements.

MTC insurance on the freight or commodity being hauled by a common or contracted motor carrier. It covers your liability for cargo that is lost or damaged due to causes such as fire, collision, striking of a load, or dumped loads with specific attention to environmental catastrophes.

Connect with us
  • Minimum premium $3,500
  • Minimum deductible – $1,000 each & every loss; $3,500 each & every loss in respect of reefer breakdown coverage
  • Limits: primary MTC up to $100,000 any one truck/any one loss
  • Higher limits available on request
  • Limits: $10,000,000 any on loss excess of primary MTC
  • Most commodities considered
  • Cross border accounts – must be Canadian domiciled operations
  • Loss of load
  • Removal expenses
  • Legal defense
  • Carriers for hire
  • Freight brokers
  • Freight forwarders
  • Logistics
  • Warehouse operators
  • Other bailees

We work closely with our insurance providers and underwriters to offer custom cargo insurance backed by market leading capacity, flexible underwriting, strong financial ratings and fast claims handling services.

Request a Quote Today.

We look forward to working with you!

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News

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Mashood Ali Represents PMU Specialty at IBABC AGM 2024

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The Insurance Brokers Association of British Columbia Insurance Brokers Association of British Columbia (IBABC) Annual General Meeting (AGM) was held on June 5 and 6, 2024, at the Fairmont Hotel Vancouver. As one of the IBABC’s board members, PMU Specialty’s very own Mashood Ali, CUO, was in attendance. With market knowledge and the professional connections… Continue reading Mashood Ali Represents PMU Specialty at IBABC AGM 2024