What it does
IH 72 01 is filed as Spoilage And Loss Due To FDA Regulation Coverage (Motor Truck Cargo Carriers Coverage), 08 21 edition. ISO filed matching versions for the contingent cargo form (IH 60 02), motor truck cargo owners and transit forms (IH 99 32), warehouse operators legal liability (IH 81 03) and processing coverage (IH 93 01).
Who needs it
Truckers hauling food, beverages, pharmaceuticals and other perishable or FDA-regulated loads, where a load can be lost through spoilage or rejection without visible physical damage.
Quoting and selling notes
Ask for reefer unit age and maintenance, temperature monitoring, commodities and maximum load values. Reefer breakdown and spoilage are among the costliest cargo claims.
Before presenting it
Ask the carrier for the specimen of this endorsement and read it with the coverage form it modifies, since the endorsement only changes the provisions it names. Note it on the proposal so the insured knows how it changes the base form.
