Freight Insurance Fast is a strategic channel alliance that allows users to purchase an excess cargo policy directly through a TMS service platform, or link, set up for their personal use. Shippers, freight brokers, and motor carriers can purchase a single load policy when they need it, with minimum inconvenience, and with additional resources, as needed.

The Freight Insurance Fast solution allows TMS and Load Board providers to expand the capability and usefulness of their platforms, increasing business with a significant source of low-maintenance revenue.

In this scenario two main hazards quickly stand out:

First, the race against the clock. When an opportunity to bid on a profitable deal presents itself, time is of the essence. While a freight broker is researching and exploring ways to meet the necessary insurance limit threshold, their potential carrier candidates for such a load are booking other jobs, shrinking the pool of possibilities. In the meantime, competitors are submitting bids.

Freight Insurance Fast lives up to its name – by express design. Freight Insurance Fast is a bonus, add-on feature that a broker uses to assist managing insurance needs, made available to its users through an existing platform. Users enter a predesigned and familiar insurance purchase interface, when they need to add on the additional coverage limits. No learning curve or additional orientation is needed.

The second hazard is efficiency. When opportunity arises, brokers and carriers do not have time to research and chase a limited array of high value motor carriers in each individual scenario. Instead, time is better utilized capturing deals using Freight Insurance Fast, whereby the users simply add the coverage that they need as they need it. There is no need to build from scratch with every deal that comes up. With Freight Insurance Fast, the business engine is running, and you are at the starting line when the flag is waved.

LogistIQ’s Freight Insurance Fast provides needed cargo insurance at the moment of transaction, enabling critical transactional convenience. Like a professional pit crew, LogistIQ is a team of professionals, sitting at the ready to help you with your insurance needs. Our team facilitates quick results without compromising flawless quality and customer service. Think of Freight Insurance fast as your one stop insurance solutions shop. Everything you need is within a platform you are already using. Freight Insurance Fast from LogistIQ benefits everyone. Freight Insurance Fast provides quick excess cargo insurance for shippers, freight brokers, and truck owners and operators. Our policy is written on an all-risk of loss or damage basis and intends to be a best match for the insurance needed, in every situation.

Further, TMS providers also gain a competitive advantage by providing more tools that their clients can use to improve their win ratios and business growth. LogistIQ provides support to TMS provider clients, helping them drive awareness within their user bases for this critical, valued tool.

Importantly, our Freight Insurance Fast cargo insurance coverage is affordable. Our cost for cargo insurance is based on the cargo commodity being hauled as well as the deductible selected. Get access to instant additional insurance and never miss another load. Contact us today to learn more about how Freight Insurance Fast is the missing ingredient to grow your business.