Transportation insurance that goes the distance

In the fast-moving world of commercial transportation, speed and reliability matter.

Transportation insurance is essential for keeping commercial trucks safe on the road. In fact, trucking companies are usually required to show proof of transportation insurance coverage before accepting a job.

That’s because of the inherent risks associated with trucking. What if a truck overturns on the road? What if cargo is stolen at a rest stop? These scenarios are entirely plausible. Help your trucking clients protect their businesses from risks, including collisions, theft, and cargo and vehicle damage.

At Munich Re Specialty, we offer two types of transportation insurance, which can be combined or purchased independently:

Auto Physical Damage (APD) insurance, which covers damage to the vehicle itself. It can cover just collision damage, or encompass comprehensive, non-collision damage caused by fire, theft, vandalism, weather events, or other hazards on the road.

Motor Truck Cargo (MTC) insurance, which covers the freight in the trailer. It covers legal liability if a customer’s goods are stolen or damaged while in a trucking company’s care, protecting against loss from fire, collision, overturn, or theft.

Whether your clients are independent owner-operators with just one truck or companies with large fleets, we have an insurance solution.

-      Tailored policies, including APD and MTC on a stand-alone, combined, or blended basis
-      Nationwide coverage to cover trucks no matter where they are
-      Streamlined underwriting through PolicyFly, our digital platform

With over 25 years of underwriting experience, we provide quick, efficient, and expert-backed solutions that give brokers a competitive edge. Our ability to rate, quote, and bind risks in-house means faster turnaround times, fewer delays, and seamless coverage solutions for your clients.

Help your clients take control of their transportation risk while offering flexible and confident coverage to every type of transportation client.

Auto Physical Damage (APD)

Motor Truck Cargo (MTC)

As part of Munich Re, our specialist underwriting team has access to a broad range of capacity and writes its transportation business on Munich Re paper. We offer comprehensive coverage across all commercial, business, private passenger, and livery auto physical damage risks. Whether you're an independent owner-operator or manage a large fleet, we can provide tailored coverage that meets your needs, including both short-haul and long-haul exposures.

Product features

Our extensive market access allows us to provide the following coverage options:

Commercial Trucking, Business Auto, Livery, and Private Passenger
Drive-a-way Operations
Short and Long Haul
Single Units to Large Fleets
Reporting Basis (for fleets of qualifying size)
Loan/Lease GAP coverage and Downtime rental
Trailer Interchange & Non-Owned Trailer Coverage
Hired Vehicle Coverage
Terminal Coverage
Standard Towing and Storage Limit USD 10,000 – with much higher limits available

Territories

We provide nationwide coverage across all US states.

Limits

No limitation on Fleet Total Insured Value
Up to $1.5 million any one loss/terminal location

Up to a Maximum Limit (as part of a fleet) of $500,000 any one unit/combination

With full underwriting authority, we provide comprehensive coverage for road-transported cargo, including refrigeration, auto haulers, and livestock. Our coverage can be written on both primary and excess basis, ensuring flexible solutions to meet your cargo insurance needs.

Product features

We offer robust coverage options, including:

Short and Long Haul
Single Units to Large Fleets
Trailer Interchange
Debris Removal
Earned Freight Protection
Primary and Excess of Loss coverage (available over a Lloyd’s or domestic form)
Refrigeration Breakdown Coverage

Territories

We provide nationwide coverage across all US states.

Limits

Normal Maximum $250,000 on any one truck (full value or primary)
Up to a Maximum Limit (depending on risk) of $500,000 for any one truck
Excess limits available up to a maximum of $900,000 (minimum excess point of $100,000)
Normal Excess Maximum of $500,000 depending on risk/exposure; ability to write excess of domestic insurance carrier

Value-added services

Simplifying transportation cover with PolicyFly

We utilize PolicyFly, a digital platform that streamlines the underwriting process, allowing brokers to secure coverage quickly and efficiently. Through this platform, you can:

Bind both APD and MTC cover under one streamlining policy, eliminating redundant data entry.

Receive an immediate confirmation of cover upon binding for qualifying submissions (subject to clear sanctions check).

Take advantage of a 5% discount when purchasing both APD and MTC together.

Enjoy Automated Rate/Quote/Bind System for fast, hassle-free binding.

PolicyFly provides transportation cover for insurance brokers

Faster submissions

Forget the days of email chains, PDF forms, and manual rekeying. PolicyFly’s smart intake system ingests and organizes submission data in real time, giving you a faster, more accurate experience from the moment you submit an application.

That means no duplicated data, fewer administrative steps, and a streamlined workflow that frees you up to focus on finding the right cover for your clients.

Smarter policy management

This gives brokers a clearer view of where a policy stands from submission to issuance, with real-time visibility into policy status, coverage history, and more. When combined, this means: