Commercial auto insurance uses specific terms. For truckmen there is terms used such as waybill.

A waybill identifies each specific load. A waybill is generated for each load when there is a split shipment or to deliver a shipment before the charges have been paid. It is not uncommon to have numerous waybills under one freight bill.

Truckmen usually have commercial general liability insurance, automotive insurance and cargo insurance. If there is damage to that cargo the way the waybill is written up will play a role in the amount paid out.

Talk to your agent or broker if you have any questions or concerns regarding your commercial insurance.