What Is LTL Shipping Insurance and How Does It Work?

Protect your LTL freight from damage, loss, and theft with fast, full-value shipping insurance from U-PIC.

Image: Freight on a pallet being loaded onto a truck.
Why LTL Shipments Are Riskier

When you’re shipping freight via LTL (Less-Than-Truckload), your cargo shares space-and risk. Unlike full truckload shipments, LTL freight is loaded and unloaded at multiple points, increasing the chances of damage, loss, or pilferage.

That’s where LTL shipping insurance comes in.


🚚 What Is LTL Insurance?

LTL shipping insurance is a policy that protects the full value of your shipment against covered losses such as:

  • Damage in transit
  • Theft or pilferage
  • Total loss or misrouting

Unlike carrier liability (which usually pays pennies on the pound), insurance pays the full declared value of your goods - fast.


πŸ“‰ Carrier Liability vs. Insurance

Most LTL carriers only offer limited liability, often calculated by weight:

  • $0.50 to $1.00 per lb is typical
  • Coverage may be voided due to packaging or delay issues

Example: 100 lb pallet worth $5,000 β†’ Carrier covers $100. Insurance covers $5,000.


πŸ›‘ How LTL Insurance Works
  1. Declare the value of your goods when booking
  2. Add insurance through your carrier, broker, or third-party provider like U-PIC
  3. If there's a claim:
    • File documentation online
    • Get paid in 7–10 business days (with U-PIC)

βœ… Why Use U-PIC for LTL Insurance?
  • Full invoice-value coverage
  • Supports all major carriers in one place
  • Fast claims payout (7–10 business days)
  • Covers one-time or ongoing shipments

Whether you're a first-time shipper or manage recurring freight, protecting your cargo with LTL insurance is smart business.


🎯 Get Covered Today

Don’t let one damaged pallet derail your profits. With U-PIC Shipping Insurance, getting LTL coverage is fast, affordable, and hassle-free.

Quick Apply for Coverage β†’

Insure a Single Package

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Insure Multiple Packages

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Do You Qualify for a Direct Account?

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Quick Apply for Coverage with U-PIC

Save 50%–90% on shipping insurance today.
Complete the form, and our team will reach out to customize your coverage.