Internet Truckstop launches per-load cargo insurance program

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Internet Truckstop, an Internet-based load board for the transportation industry, announced the availability of CargoMate on the list of decision support offerings for its members. CargoMate, available at Truckstop.com, is designed to allow carriers, freight brokers and shippers to find affordable per-load cargo insurance, up to $500,000, regardless of the underlying and existing insurance coverage of the motor carrier.

“Providing an immediate quote, online payment and e-mail distribution of the policy paperwork, CargoMate delivers a fast, effective way to purchase per-load cargo insurance,” says Joel McGinley, executive consultant with Internet Truckstop. “We are excited to bring this outstanding offering exclusively to Internet Truckstop members. Our members will now be able to easily and securely purchase the necessary coverage for any approved load, whether or not it is posted on Truckstop.com.”

Available through an arrangement between Internet Truckstop and McGriff, Siebels & Williams Inc., CargoMate is underwritten by Travelers Property Casualty Co. of America. CargoMate – which is not to be confused with Excess or Spike Cargo, as CargoMate covers the entire load value – can be found at www.truckstop.com by clicking on the new CargoMate selection under both broker and carrier tools.