Private Carrier

In commercial auto insurance you will find that there are common and private carriers.

A private carrier is a person, or a company, that is in a business other than trucking, but has transportation needs such as delivering furniture from their stores.

The commercial general liability policy may show transit coverage. This relates to transportation of owned goods.

To provide the necessary transportation they may own and operate their own trucks. They also can contract owner/operators. The private carrier own the cargo they carry. The common carrier transports goods owned by someone else.

As in all forms of insurance, there can be some exceptions. Sometimes a private carrier may license itself as a common carrier so that it can legally haul the cargo of others for a fee, thus reducing their own net transportation costs.