Motor carriers that pull trailers owned by others may have a trailer-interchange exposure. The agreement, custody of the trailer and policy wording determine how coverage may apply.
What trailer interchange addresses
Trailer interchange coverage generally concerns physical damage to a non-owned trailer in the insured’s possession under a written trailer-interchange agreement. It is different from liability for injuries, cargo coverage and physical damage on tractors or owned trailers.
Information to gather
- Written interchange or equipment-use agreements
- Maximum number and highest value of non-owned trailers in custody
- Trailer types, operating radius and storage locations
- Required limits and deductibles
- Who is responsible for maintenance and inspections
Common questions
- Must there be a written agreement?
- Does coverage apply while a trailer is attached, detached or parked?
- Are theft, collision, fire and comprehensive causes treated differently?
- Are there territory, unattended-equipment or security restrictions?
- Does the contract require a specific deductible or certificate wording?
Avoid assumption gaps
Do not rely on a certificate alone to determine coverage. Compare the operating agreement with the actual policy, endorsements, limits and exclusions. Notify the insurance professional when trailer values or contracts change.
For a coverage-focused review, see Trailer Interchange Coverage.
Final terms depend on underwriting and the issued policy. This guide is general information, not legal advice or a guarantee of coverage. Call 1-877-214-8848 or request a trucking rate indication.
