Cargo Insurance for Carriers
DAT has teamed up with Loadsure, a digital trailblazer in the cargo insurance market.
Loadsure provides radically simple, pay-as-you-go cargo insurance for owner-operators and carriers. You could save as much as 80 percent on your transactional cargo insurance costs with all-risk smart coverage that’s dynamically priced to match every load.
- Get instant cargo insurance coverage — and save in the process.
- Expedite claims payouts and receive funds in minutes.
- Get peace of mind and a competitive advantage with all-risk coverage.
Get instant cargo insurance coverage — and save in the process.
Search for new loads and add cargo insurance coverage all from the same dashboard.
Seamlessly integrated into DAT’s load boards, Loadsure leverages the power of AI and data-driven solutions to help you reduce your annual cover limit and slash your annualized insurance costs. Need to quickly expand your coverage to protect high-value and specialty loads? Get Loadsure in under 40 seconds — up to a $2M limit — and at a savings of 80 percent over traditional per-load coverage.
Expedite claims payouts and receive funds in minutes.
Using a revolutionary AI-driven platform, Loadsure settles claims in days (or less) — and processes payments in minutes.
Not only does Loadsure’s unique, data-driven approach accurately underwrite risk in real-time, but its automated claims system simplifies your work, eliminates errors, and significantly reduces processing time. Loadsure also provides instant access to your claims payouts, helping to ensure that you have funds when you need them most.
Get peace of mind and a competitive advantage with all-risk coverage.
Instantly expand your coverage and protect your customers with A-rated security, anywhere across North America.
Your coverage limitations can prevent you from securing specialty loads and high-value freight — and your liability policy could leave your shippers exposed to risk.
Rest easy with Loadsure, while also gaining a competitive advantage. An international InsurTech Managing General Agent (MGA) and Lloyd’s coverholder, Loadsure’s fully digital approach to motor carrier cargo insurance makes securing wrap-around coverage fast, simple, and affordable. Seize lucrative spot market opportunities and ensure your business-critical customers are properly taken care of.
A typical motor truck cargo insurance policy protects your business from liability should a contracted load be lost or damaged while in your care.
Traditional spike and gap insurance enables you to expand your coverage limits and terms, so you can secure spot freight on a per-load basis. However, cargo insurance is becoming far more expensive and difficult to access as insurers flee the market.
Of all the cargo insurance companies out there, Loadsure provides the industry’s broadest coverage and settles claims based on the full invoice value of the load. And, because it’s an AI-powered solution, it’s faster to access and far more competitively-priced than traditional products.
By harnessing real-time data, AI, and predictive analytics, Loadsure models instantly deliver dynamically-priced cargo insurance quotes that accurately reflect your true risk. And because Loadsure is integrated right into DAT’s load boards, you’ll be able to add risk-appropriate insurance to each load in under 40 seconds.
If you encounter a loss, Loadsure’s end-to-end digital approach to claims accelerates your financial recovery. Dynamic forms pull in existing data and deliver a white-glove approach, simplifying your submissions process and eliminating errors. Meanwhile, machine learning enables the increasingly automated approval of claims and delivers near-instant payments right into your account within a regulated environment.
Carriers, just like you!
In the highly competitive trucking industry — where profit margins are thin and insurance premiums are on the rise — Loadsure helps you protect your profitability.
You can move any load you want — and you don’t need an expensive, specialized cargo cover to do it. Just expand your coverage on a per-load basis — or eliminate your cover entirely and pay as you go. Either way, you’ll cut your cargo insurance costs.
Your shippers will benefit, too, as you protect them from what your carrier liability policy doesn’t. This means a better experience for the customers critical to your business.
When considering the best cargo insurance for trucking company options, adaptability is key. Loadsure was built to operate and thrive in a highly digital world. They aren’t updating antiquated technologies or straddling the line between old and new — their methods take advantage of the many benefits of cloud computing and real-time data analytics, and pair it with a simplified and intuitive user interface.
As a logistics expert in the trucking industry since 1978, DAT knows that staying abreast of new technologies is key to surviving unexpected challenges and growing your business. DAT also recognizes high-quality, value-add services when we see them, and that includes Loadsure.
Yes! LTL loads introduce additional complexity (and therefore additional risk), which leads to a greater likelihood of LTL shipments being lost or damaged during transit. Loadsure’s approach gives you near-instant coverage even for LTL freight, allowing you to protect valuable cargo against breakage, theft, loss, or other damage. Not only that, but Loadsure doesn’t charge an annual cover fee — which could reduce the cost of LTL cargo insurance by up to five times.
Cargo insurance can cost thousands of dollars a year in premiums alone. Add on expensive spike/gap coverage for your otherwise excluded commodities or high-value freight — including LTL and reefer loads — and you can easily reach figures near $10,000 a year in insurance costs alone. Most standalone cargo insurance policies even come with monthly surcharges.
Fortunately, Loadsure’s approach helps avoid all that. Get the best rates — and pay only for the insurance you need — and Loadsure handles the rest.
“Claims like this typically take two to three months, but it only took two weeks with Loadsure.”
- John Coviello, President GMG Transwest Corp
"Loadsure is a no-brainer. I don't remember ever really having to sell it. It's just something that makes sense and the price is right. It’s another tool that makes me even better."
- Patrick O’Loughlin, COO, Regiment Logistics
Move freight and get the affordable coverage you need
With Loadsure plugged directly into DAT’s load boards, it’s easier than ever for you to add all-risk smart cargo insurance coverage to individual loads. No annual premiums, no restrictive contracts, no hassle — just the insurance you need, when you need it. Start booking loads with DAT today and add per-load cargo insurance as you go.