Truckers policy

{
  "id": "MLC-T-INS-003381",
  "term": "Truckers policy",
  "field": "Insurance and risk management",
  "definition": "A specialized commercial auto insurance package designed for businesses that transport goods for hire. It combines several key coverages, including liability for bodily injury and property damage, physical damage to the insured truck and trailer, and motor truck cargo coverage for the freight being hauled. The policy can be structured to meet federal and state financial responsibility requirements, such as the MCS-90 endorsement mandated by the Federal Motor Carrier Safety Administration.",
  "url": "https://mlchart.com/terminology/insurance/truckers-policy/"
}