Protection for non-owned trailers under interchange agreements
Trailer Interchange Insurance pays to repair or replace a non-owned trailer while it is in the motor carrier’s care, custody, or control under a written interchange contract. Shippers, ports, rail yards, and power-only brokers often require proof of this coverage before releasing a load.
Coverage
Covered peril | How the policy responds |
|---|---|
Collision or overturn | Pays for bodywork or total-loss settlement when an insured accident damages the non-owned trailer. |
Fire & explosion | Covers heat, smoke, or blast damage—common at fuel islands or repair shops. |
Theft & vandalism | Reimburses for stolen or vandalized trailers and attached equipment (tires, landing gear). |
Weather-related loss | Includes windstorm, hail, flood, and lightning if specified in the policy. |
Towing & storage fees | Optional endorsement for reasonable post-accident removal and storage costs. |
Not covered: cargo inside the trailer, normal wear and tear, or damage that occurs outside the policy radius.
Who needs it
Who typically needs Trailer Interchange coverage
Power-only carriers hauling drop-and-hook loads.
Port and rail-drayage operators moving container chassis.
Intermodal fleets exchanging equipment at yards or ramps.
Owner-operators under Amazon Relay, JB Hunt 360, or similar programs requiring non-owned trailer protection.
Limits & costs
Contract requirement | Typical limit | Annual premium* |
|---|---|---|
Standard retail or dry-van interchange | $20,000 – $40,000 | $450 – $900 |
Reefer, flatbed, or specialty chassis | $40,000 – $60,000 | $700 – $1,200 |
High-value or new trailers | $75,000 – $100,000 | $1,000 – $1,800 |
*Rates vary by trailer value, garaging location, radius, and loss experience.
Cost explanation
Main cost drivers
Stated Trailer Value: Premium rises in proportion to declared value.
Deductible: Higher deductibles ($1,000–$2,500) lower premiums.
Operating Territory: Ports and metro corridors rate higher than rural lanes.
Loss History: Prior trailer claims increase rates; clean history earns credits.
Our advantages
Same-day certificates
satisfy broker or port requirements without delay
Seamless bundling
combine Trailer Interchange with Physical Damage and Cargo for package discounts
Trucking-only expertise
policies aligned with interchange contracts and port drayage rules
FAQ
Frequently asked questions
1. Is Trailer Interchange the same as Non-Owned Trailer coverage?
2. What limit should be selected?
3. Does the policy cover refrigerated units?
4. Are container chassis included?
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