Question

Which of the following statements is NOT TRUE regarding Trailer Interchange coverage?

a.Trailer interchange coverage applies to situations where trucking companies temporarily exchange trailers with other parties (such as other carriers or brokers).
b.It protects the trucking company while a non-owned trailer is in their care, custody, or control.
c.Non-owned trailer coverage extends physical damage (comprehensive/collision) coverage to a non-owned trailer while attached to a covered (scheduled) power unit on
d. all the above

Answer 1

Option d, 'all the above,' is NOT TRUE as statements a, b, and c are factual regarding Trailer Interchange coverage. This coverage applies during the exchange of trailers and protects for physical damage when not owned by the carrier.

Step-by-step explanation:

The correct answer to the question Which of the following statements is NOT TRUE regarding Trailer Interchange coverage? is option d, "all the above." Statements a, b, and c are all actually true descriptions of Trailer Interchange coverage. Trailer Interchange coverage refers to a type of insurance that applies when trucking companies exchange trailers with each other or with other parties, and it extends coverage for physical damage while the non-owned trailer is in their possession. This typically applies when the trailer is being pulled by a scheduled power unit of the trucking company.