Interchange agreements

{
  "id": "MLC-T-INS-001886",
  "term": "Interchange agreements",
  "field": "Insurance and risk management",
  "definition": "Written contracts under which one motor carrier or equipment owner lets another pull or use its trailers or containers, with the user accepting responsibility for physical damage while the equipment is in its custody. Trailer interchange coverage on a motor carrier policy pays for damage to non-owned trailers held under such an agreement, and the agreement usually names the points of interchange.",
  "url": "https://mlchart.com/terminology/insurance/interchange-agreements/"
}