McGriff offering excess auto cover for freight brokers

McGriff said Wednesday it has introduced on-demand excess auto liability coverage for freight brokers. TripExcess is a per shipment excess liability product that allows shippers and others to maintain a required $2 million auto liability limit, the broker, a unit of Charlotte, North Carolina-based Trust Insurance Holdings Inc., said in a statement. Carriers can use it to contract loads that may be outside of their existing liability coverage, McGriff said.