Rising trucking rates in 2023

LTL freight quotes and your liability coverage

There are many sites online that offer freight quotes for LTL or less than truckload shipping. Sometimes there are big differences in the shipping quotes that you may receive. LTL freight quotes will vary depending on a few factors including the freight class and or if any additional services are required such as lift gates or delivery appointments.

It is important to ask the right questions regarding cargo liability coverage depending on the type of commodity you are shipping. Although low cost freight quotes might sound like a bargain the devil is in the details. The cargo liability policies of LTL carriers can vary greatly between them so choose carefully. When shipping new items there is a certain coverage that is included based on the freight class of your shipment, if additional insurance is required then you may have the opportunity to purchase gap insurance at an additional cost. The maximum cargo liability for used merchandise can be as low as 10 cents per pound or a maximum of 50 cents per pound. With that said always ask how much your cargo is covered for before accepting the lowest freight quote.