Internet Truckstop® Launches Per Load Cargo Insurance Program

NEW PLYMOUTH, Idaho--(BUSINESS WIRE)--Internet Truckstop, the largest Internet-based load board in the transportation industry, today announced the availability of CargoMate^© on the list of decision support offerings for its members.

“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.”

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. “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 Company of America.

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

CargoMate became available effective January 25, 2010 and can only be found at www.truckstop.com by clicking on the new CargoMate selection under both broker and carrier tools.

About Internet Truckstop

Founded in 1995, Internet Truckstop is the FIRST and LARGEST freight matching service on the web. Internet Truckstop offers more tools than any other freight matching service available. These easy to use tools, one of the largest freight databases, and a commitment to the transportation industry make Internet Truckstop the leader in Internet freight matching.