Frontier Risk's Motor Truck Cargo Insurance protects cannabis business goods and cargo transported by commercial trucks and motor vehicles against theft, leakage, damage, or loss.

Motor Truck Cargo Insurance is crucial for protecting your valuable cannabis products and raw materials during transport. With the cost of a pound of weed ranging between $490 and $1,000 excluding taxes (source), the financial impact of loss can be significant. Cannabis businesses lose 2% to 5% of their total inventory due to theft, including theft during transit, highlighting the need for comprehensive coverage.

• Theft of Cargo During Transit: This coverage safeguards your cargo from theft, offering peace of mind in case of unlawful cargo theft.
• Damage to Cargo Due to Accidents: In the event of accidents like collisions or overturns, this insurance covers damage, minimizing repair and replacement costs.
• Cargo Loss from a Collision: In case of collisions leading to cargo loss, this insurance compensates, reducing the financial burden.
• Environmental Hazards Affecting the Cargo: This insurance protects against environmental hazards, mitigating financial impacts from events like fires, floods, or extreme weather.‍
• Loading and Unloading Mishaps: Covering incidents during cargo handling, this insurance ensures damage or loss while loading or unloading, providing security throughout the transportation process.