CAT Physical Damage coverage is available for trucking companies that want to insure their trucks, tractors, trailers, and equipment for CAT perils while on the truck terminal lot, at a customer facility, or other scheduled location. In addition, Motor Truck Cargo coverage can be quoted in combination with CAT Physical Damage.
Perils covered
Wind, Tornado, Hail, Flood (depending on flood zone), Earthquake, Explosion, Falling Objects (including aircraft), and Sinkhole.
Coverage for scheduled locations
Coverage applies only while at the scheduled locations and not while operating the vehicle !
Minimum deductible
$ 100,000
Special floater coverage form
Admitted paper
AM Best Rated Carrier A+ XV.