Transportation plays a big role in how we do business today. Moving cargo to and from locations requires a lot of work and thought. Perhaps the most important part of the transportation process is insuring safe travel. This is where Essex County Transportation Insurance comes into play.
As seen on Federal Motor Carrier Safely Administration website, companies that operate commercial vehicles transporting passengers or hauling cargo in interstate commerce must be registered with the FMCSA and must have a USDOT Number. In addition to protecting safe travel under FMCSA, New Jersey businesses need to consider transportation insurance as an important part of engaging in the transportation of goods.
There are numerous areas under the broad umbrella of transportation in which businesses need insurance. Some of these include loading and unloading, debris removal, physical damage, pollution buyback and auto liability. As a part of good business practices, Essex County transportation insurance is necessary for businesses that wish to properly handle and care for cargo.
Two polices often included in New Jersey transportation insurance are cargo insurance and legal liability policy. Cargo insurance covers property while it is in the course of transit. This could be on a truck, train, boat, plane, etc. Companies that operate extended storage and warehouse facilities often use warehouse legal liability policy. Like a cargo policy, the coverage is designed to cover liability imposed on the warehouse for damage or loss to the property of others while in the warehouseman’s care.
Transportation insurance plans can vary considerably. Your business’s Essex County transportation insurance can be tailored to fit your specific needs. Your plan can cover a multitude of areas such as Workers Compensation and inland marine.
Tri-State Insurance Agency provides a comprehensive business insurance portfolio for companies throughout Pennsylvania, northern New Jersey and New York. Call Tri-State Insurance Company today at 888.990.0526 to see how we can help you and your business’s transportation needs.