Motor Own Damage Insurance is voluntary coverage that protects your company’s vehicles against accidents, theft, vandalism, and natural disasters. It focuses on the physical damage to your own trucks — not third parties — ensuring that repair or replacement costs are covered when the unexpected happens.

For transportation businesses, MOD insurance helps maintain financial stability and minimize downtime. When a vehicle is damaged or lost, the policy steps in to cover the expenses, allowing your fleet to stay operational and your business to keep moving forward.

With MOD insurance, fleet owners and managers gain confidence knowing their investments are protected and their operations won’t stall because of sudden losses. Trust TER Insurance Brokers to help you manage risk efficiently, ensuring your business stays compliant and protected on the road.