New Per Load Cargo Insurance Program Now Available From Internet Truckstop

February 16, 2010

Internet Truckstop, an Internet-based load board in the transportation industry, now provides CargoMate as part of its decision support offerings for members.

CargoMate, available exclusively at Truckstop.com, allows 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,” said Joel McGinley, executive consultant with Internet Truckstop, which is based in New Plymouth, Idaho. “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 Company of America.

CargoMate is not to be confused with Excess or Spike Cargo, as CargoMate covers the entire load value.

Source: Internet Truckstop

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