Otherwise known as rental reimbursement policy or garage liability policy, trailer interchange insurance is a type of commercial automobile insurance. It covers the expenses that arise from an auto accident involving a trailer.
This type of insurance is designed for trucking companies that regularly transport trailers. It also serves to cover the trucking company against the costs associated with the trailer in the event that it is lost, stolen, or damaged while in transport.
Read What Is Trailer Interchange Insurance? for additional details.