The smarter way to secure shipper’s interest coverage

Loaded trailers may be indistinguishable from one another, but not to insurance policies. Trucking companies keep a sharp eye out for payload discrepancies and are known to limit their liability significantly for high-priced freight. Limits put a ceiling on the amount that a carrier will pay out on a load in the event that a claim is filed. Many opt to just increase their entire policy limit or rely on the saving grace of shipper’s interest policies to secure proper coverage. This scenario plays out daily for freight brokers, who find that closing loopholes and insuring the actual dollar value of a shipment is tedious work.