Cargo insurance pays for the freight you're hauling if it's damaged, destroyed, or stolen while in your care. Federal rules only require it for household-goods carriers, but nearly every broker and shipper will require you to carry it — usually $100,000 per load.
Typical annual premium (planning range, not a quote)Often $400–$2,500/yr per truck for $100,000 limits, more for high-value or theft-prone freightRun the cost estimator →
Watch the exclusions
- Reefer breakdown — spoilage from refrigeration failure requires a specific endorsement.
- Unattended vehicle — theft while the truck is unattended may be excluded or restricted.
- Commodity exclusions — electronics, alcohol, tobacco, pharmaceuticals and other high-theft loads are often excluded unless scheduled.
- Improper loading and leakage, and loads you haven't declared to your insurer.
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Get quotes Check a DOT/MC numberFrequently asked questions
Is cargo insurance required by FMCSA?
Only for household-goods carriers, which must file a BMC-34. For general freight it's a broker and shipper requirement rather than a federal one.
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Reviewed October 2026. General information only — not insurance or legal advice. Coverage terms vary by insurer and state.