How it works
Short-Term Truck Physical Damage Insurance
Daily physical damage for a rental, substitute or interchanged unit.
Explainer video coming soon
Read on for how Physical Damage works.
Certificate with year, make, VIN and stated value — in minutes, 24/7. Ideal for units that only need coverage for days, not a full term.
- Coverage by the day, 1–5 days at a time
- Certificate lists year, make, VIN and stated value
- Non-owned & undescribed trailer option
- Buy 24/7: nights, weekends and holidays
- Term
- Per day, 1–5 days
- Stated value
- Up to $200K
- Deductible
- $1,000 per occurrence
- Paper
- Incline P&C Group
- Trailers
- Non-owned option
- Certificate
- Instant, 2 holders
What is short-term truck physical damage insurance?
Physical damage insurance pays to repair or replace your own equipment (tractor or trailer) after collision, fire, theft, vandalism or weather. Your annual policy covers the units scheduled on it. It usually does not cover the rental you grabbed after a breakdown, the temporary substitute you're running while yours is in the shop, or a trailer you picked up under interchange.
CargoLabs' Physical Damage – Temporary Substitute product fills that gap by the day. Enter the unit's year, make, VIN and stated value (up to $200,000), choose one to five days, and bind. The $1,000 per-occurrence deductible and the equipment details print on a certificate the rental company or lien holder can accept immediately. Need coverage on a unit you plan to keep? A monthly subscription option is also available.
Common questions
What does truck physical damage insurance cover?
It covers loss or damage to the insured unit itself (tractor or trailer) from causes like collision, fire, theft, vandalism and weather. It does not cover cargo (see cargo insurance) or your liability to others (see auto liability).
How long can I buy daily physical damage for?
One to five days per purchase, starting on the date you choose. It's designed for rentals, temporary substitute units and short interchange periods.
What is the maximum stated value and the deductible?
The daily Temporary Substitute product covers a stated value up to $200,000 with a $1,000 per-occurrence deductible. Both print on the certificate.
Can I cover a rented or non-owned trailer?
Yes. Choose the non-owned & undescribed trailer option (trailers only, not tractors) and the certificate is issued for a non-owned, undescribed trailer.
What information do I need to bind?
The unit's VIN, year, make and stated value, your named-insured details, and up to two certificate holders, for example the rental company and a lien holder.
Will the rental company accept the certificate?
The certificate lists the year, make, VIN, stated value, deductible, insurer, policy number and policy period, with the rental company named as certificate holder, and it's emailed instantly. It's the same information a rental counter asks an agent to endorse.
Quoted per trip · single product · instant certificate on bind.