Contingent Transit Insurance

Definition of "Contingent transit insurance"

Dennis Ciesil real estate agent
Dennis Ciesil, Real Estate Agent Baird & Warner Real Estate

Coverage if an insured can not collect on property damage or destruction losses from the hired transporter. For example, a truck transporting furniture of the insured is involved in an accident and the furniture is damaged. The truck owner refuses to compensate the insured for damages; the recourse of the insured is to collect from the insurance company.


Need help from a real estate agent?

Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a realtor and want to become a member?

Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.


*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions