What Is LTL Shipping Insurance and How Does It Work?

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.

---

📉 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 → Carrier covers $100. Insurance covers $5,000.

---

🛡 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)

---

✅ 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.