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What Is a Trailer Interchange Agreement? In the complex world of interstate shipping logistics, a trailer interchange agreement is a contract that covers the transfer of goods en route to their destination when they are being hauled by truck drivers working for different companies.
2:45 5:28 What is a Trailer-Interchange Agreement? - YouTube YouTube Start of suggested clip End of suggested clip And get the product delivered. Sometimes you use your own truck but when you have another truckMoreAnd get the product delivered. Sometimes you use your own truck but when you have another truck involved you'll have to get that interchange agreement in place simply put a repower is when you have
This is essentially Physical Damage insurance for non-owned trailers. This insurance protects you if the trailer is damaged by collision, fire, theft, explosion or vandalism.
Trailer interchange insurance functions similarly to cargo insurance. This type of coverage protects the trailer and the person hauling it from a variety of losses, such as: Collision. Fire.
A trailer interchange agreement is required if a trailer of goods is being hauled by different truckers and trucking companies along its path towards end delivery. In most cases, companies do not own all the transportation equipment involved in shipping goods to their final customer.
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Trailer Interchange (TI) Trailer interchange extends to damage(s) while the non-owned trailer is in your care, custody, or control but requires a written agreement between your company and the owner of the trailer to be in force. This agreement is between your company and the owner of the trailer.
Trailer interchange insurance functions similarly to cargo insurance. This type of coverage protects the trailer and the person hauling it from a variety of losses, such as: Collision. Fire.
The average limit for trailer interchange coverage is between $20,000 and $30,000, with a deductible of $1,000. To select the right limit, you'll need to know the trailer's actual cash value.
A trailer interchange agreement makes the motor carrier that has possession of the trailer responsible for any damage to the trailer, whether or not the trailer is attached to the tractor.
Trailer Interchange (TI) Trailer interchange extends to damage(s) while the non-owned trailer is in your care, custody, or control but requires a written agreement between your company and the owner of the trailer to be in force. This agreement is between your company and the owner of the trailer.

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