LTL (Less Than Truckload) insurance covers your shipments in case of damage or loss. It offers protection beyond the carrier’s standard cargo liability. Standard coverage often doesn’t fully cover high-value goods, leaving shippers at risk.
Is LTL insurance worth it? Absolutely. With ViewPoint TMS, you can acquire additional insurance as needed based on each shipment’s cargo liability. If a freight claim arises, we file under the carrier’s liability first. If the carrier’s coverage doesn’t fully reimburse, the extra insurance ensures the remaining amount gets covered.
This added layer of protection brings peace of mind. Your shipments are fully insured, and any unexpected losses are minimized. It’s a small investment for significant security.
How Does LTL Shipment Insurance Work?
LTL shipment coverage starts with understanding your shipment’s value. When requesting a quote, provide the worth of your goods or specify the cargo liability you need. This information helps us secure the right level of coverage. So, when quoting simply advise us of the total cargo liability coverage you will need.
If you’re using ViewPoint TMS, entering the shipment’s value directly into the system streamlines this process. The platform calculates and applies the additional insurance automatically. This ensures your shipment gets adequate cargo liability protection before it leaves the dock. You can input shipment details and value directly into the platform, and we’ll handle the rest. Protect your shipments, no matter the route they take.
Our service doesn’t stop at LTL insurance. We also offer freight claims management. If a claim arises, we guide you through every step, from filing to settlement. With ShipTLI, managing LTL insurance becomes effortless.
The Benefits of Adding Insurance
LTL insurance offers financial security. Freight damage or loss can lead to significant costs without proper coverage. By adding insurance, you reduce the financial risks associated with shipping.
ViewPoint TMS simplifies insurance management. Shippers can add insurance for specific shipments based on value and liability needs. This flexibility ensures you pay only for what you need, shipment by shipment.
We can secure additional coverage for other modes of transportation, including FTL (Full Truckload), intermodal, and expedited shipments. No matter how your freight moves, we ensure it’s protected against unexpected loss or damage.
In addition, our freight claims management ensures you are not navigating freight claim mitigation alone. From filing paperwork to securing settlements, we make sure you recover as much as possible. Adding additional insurance coverage doesn’t just protect your freight; it protects your business operations.