Rolling Stock

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What does Rolling Stock mean? Read on to discover the definition & meaning of the term Rolling Stock - to help you better understand the language used in insurance policies.

Rolling Stock

Rolling Stock

All the vehicles, whether self-propelled or not, that operate on a railroad line. The term includes both locomotives and cars designed to carry persons or freight tank cars, boxcars, flatcars, passenger cars. Physical damage coverage on rolling stock is a standard feature of railroad protective liability insurance.

More Insurance Terms And Definitions

The Merriam-Webster Dictionary defines insurance as:

a: The business of insuring persons or property.

b: Coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.

c: The sum for which something is insured.

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