IOA Trucking Cargo Insurance Program
IOA understands the term "precious cargo" and takes it quite literally, that is why we offer two unique, high-value cargo insurance programs.
If you are an IOA Trucking Cargo Insurance Program customer and have a user name and password, please log in below, otherwise, continue reading to learn more about these IOA specialized programs.
High Value Trip Transit Cargo Insurance
IOA offers the Insurance Industry's ONE OF A KIND "High Value Trip Transit Cargo Policy". We design a secondary cargo policy to insure truck load shipments generally valued over $100,000 up to $10,000,000. You can think of this as excess valuation insurance for high value freight. The premium is a line item assessorial charge on the bill of lading which is past on to the shipper. To establish a High Value Trip Transit Cargo Policy requires an average of 25 loads per month.
Common and Contract motor carriers who haul high value freight can benefit by using an IOA customized cargo policy. It separates the high value shipments from the median to low value shipments that are normally insured under a master cargo policy. One large loss under a master cargo policy could severely impact the rate, deductible or possible cancellation. It's IOA practice to perform a thorough cargo analysis. Then provide advanced solutions over traditional insurance as we have done for almost two decades.
Motor Carriers want to grow their business with better paying freight which generally means hauling High Value freight. We have the means to help motor carriers accomplish their business objective. IOA has the technology and resources to streamline a High Value Cargo Policy for Motor Carriers who want to increase their business in the high value freight corridor.
For more information and access to the IOA Trucking Cargo Insurance Program or High Value Trip Transit Cargo Insurance, please contact Tom Scalise at (407) 998-4112 or Tom.Scalise@ioausa.com.