What Do Trucking Bonds Cover?

Truck drivers strive to deliver goods quickly and without mishaps. However, mistakes and accidents happen. Here are some goods that trucking bonds typically cover.

Foods

Food products being carried by truckers can spoil quickly without proper care. Raw meat or prepared food items need constant refrigeration in order to stay fresh. If there is a loss of power for any reason, including an accident or vehicle breakdown, these products may be a total loss.

Livestock

If a truck carrying live animals is stranded on the side of the road, many of the animals may die and will result in a loss of profit for the company involved. Nothing can be done to recover the lives lost, but the financial ramifications are often covered by trucking bonds.

Medicine

Medicines carried by trucks often need careful care during transport. If a truck gets involved in an accident that destroys glass vials of insulin or other medicines that need refrigeration and careful handling, a trucking bond can cover the loss.

Accidents and breakdowns happen. Some or all of the products can be destroyed during one of these unfortunate events. Thankfully, a trucking bond can help to mitigate the financial losses encountered during transport so that both the shipper and the customer can minimize their losses.