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Trailer Interchange Insurance CA 23 98

Trailer Interchange Insurance (CA 23 98) is a type of coverage available under either the truckers or the motor carrier policy form that covers the insured's legal liability for damage to the trailers of others.

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Coverage is also available, by endorsement, under the business auto policy (BAP). Motor carriers frequently haul trailers that are owned by other motor carriers. This is often done through a "trade" of trailers that are in different locations to facilitate scheduling. 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.

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CA 23 98

Related Terms


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