What it does
IH 72 02 appears in a carrier forms schedule as Non-Owned Trailer Coverage within its motor truck cargo filing. Motor carriers often pull trailers owned by others and may be responsible for damage to them.
Who needs it
Truckers in trailer interchange or drop-and-hook arrangements whose contracts make them responsible for non-owned trailers.
Quoting and selling notes
Ask for interchange agreements and trailer values. Physical damage to non-owned trailers can also be insured under trailer interchange coverage on the auto policy; avoid gaps and overlaps.
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.
