Trailer Interchange

Trailer interchange coverage protects a trucker for physical damage to a non-owned trailer that's in their care under a written trailer interchange agreement — a common arrangement where carriers swap trailers to keep freight moving. If you're hauling another company's trailer and it's damaged (collision, fire, theft, vandalism) while in your possession, trailer interchange responds.

The key trigger is the written interchange agreement: coverage attaches based on the contract, regardless of whether the trailer is hitched to your tractor at the moment of loss. That distinguishes it from broader non-owned trailer physical damage coverage, which doesn't require an interchange agreement. Trailer interchange covers damage to the trailer in your care — it is not cargo coverage (the freight inside) and not liability for injury to others.

Carriers running interchange or drop-and-hook operations, and those hauling for larger fleets, are usually required to carry it. Limits are set per trailer value; typical limits run $20,000-$50,000 per trailer. It pairs with commercial auto liability and motor truck cargo for a complete trucking program.