Commercial Trucking Insurance
Trailer Interchange Insurance
Trailer interchange coverage may help protect against covered physical damage to a non-owned trailer while it is in the insured’s possession under a qualifying written trailer interchange agreement.
What it may cover
What it may address
- Collision damage to a covered non-owned trailer
- Fire, theft, and vandalism, where covered
- Other covered causes of loss
- Damage while the trailer is in your care under agreement
- Legal responsibility defined by the interchange agreement
When a written agreement matters
Trailer interchange generally requires a qualifying written interchange agreement. Coverage for a trailer you own is a different matter, addressed by physical damage.
- Damage to a non-owned trailer in your possession
- Interchange or pool trailers under written agreement
- Chassis and container considerations
- Intermodal and drayage operations
- Contractual damage responsibility for equipment
Who may consider it
Who may consider it
- Carriers hauling interchange or pool trailers
- Intermodal and drayage operations
- Operations working under written interchange agreements
- Carriers pulling non-owned trailers for shippers
- Fleets handling chassis and containers
Coverage in practice
Real-world situations
A non-owned trailer is damaged in your care
Trailer interchange may respond to covered damage while the trailer is in your possession under a qualifying written agreement.
A container chassis is damaged at the yard
Certain covered causes of loss to non-owned equipment may be addressed, depending on the policy and agreement.
The interchange agreement sets responsibility
A written interchange agreement defines your responsibility for the equipment, which the coverage is built around.
Important to know
Important to know
Confirm your written interchange agreements and required limits with a licensed professional.
- It generally applies only to non-owned trailers under a qualifying written agreement.
- Owned trailers are typically addressed by physical damage, not trailer interchange.
- Required limits, deductibles, and covered causes of loss depend on the policy and agreement.
Related coverages
Coverages often carried together
Prepare for a quote
Information commonly requested
- Interchange or pool agreements you operate under
- Types of non-owned trailers or chassis handled
- Operating territory and terminals
- Requested trailer interchange limit
- Deductible preference
- Owned trailer information
- Insurance history and loss runs
- Requested effective date
FAQ
Frequently asked questions
What is a trailer interchange agreement?
It is a written agreement governing the exchange of trailers between parties. Trailer interchange coverage is generally built around such an agreement.
Does it cover trailers I own?
Generally no. Owned trailers are typically addressed by physical damage coverage. Trailer interchange focuses on non-owned trailers in your possession.
Is a written agreement required?
Typically yes. Coverage usually applies to non-owned trailers held under a qualifying written interchange agreement.
Does it apply to intermodal chassis and containers?
It can, depending on the policy and agreement. Intermodal operations often review trailer interchange alongside container and chassis exposures.
What limit should I choose?
The limit generally reflects the value of the non-owned equipment you handle and any contractual requirements. A licensed professional can help you evaluate it.
Ready to Review This Coverage?
Tell us about your operation and a licensed insurance professional can help you explore available options.