How it works
Excess Single Trip Cargo Insurance
Raise your Motor Truck Cargo limit up to $1MM for one load.
Explainer video coming soon
Read on for how XS Cargo works.
Excess over your annual cargo policy, bought per trip. Up to $1MM in excess limits, certificate emailed the moment you bind, no annual policy or minimum premium, available 24/7.
- Up to $1MM in limits per load
- Certificate emailed the moment you bind
- No annual policy or minimum premium
- Available 24/7, nights and weekends
- Excess limit
- $50K – $1MM
- Sits over
- $100K+ primary cargo
- Term
- Per trip
- Paper
- Crum & Forster Specialty
- Territory
- US & Canada
- Certificate
- Instant, 2 holders
What is excess single trip cargo insurance?
Excess single trip cargo insurance covers one shipment for one journey. Instead of paying for a limit you only need occasionally, you buy the coverage a specific load requires, and only for as long as that load is on the road.
You will also hear it called excess per-trip cargo insurance, excess per-load cargo insurance, spot excess cargo coverage, or trip transit insurance. It raises the limit above an existing annual policy for a single load, which is exactly what CargoLabs' XS Cargo product does.
Common questions
What is excess single trip cargo insurance?
Excess single trip cargo insurance (also called excess per-trip, per-load, spot or trip transit cargo insurance) covers a specific shipment for a specific journey instead of covering every load for a full year. You buy it only when a load needs it, and it ends when the trip does.
How is excess per-trip cargo insurance different from an annual cargo policy?
An annual Motor Truck Cargo policy sets one limit for every load you haul all year and usually carries a minimum premium. Per-trip excess coverage lets you buy a higher limit for one load. For example, $1MM for an electronics shipment when you normally carry $100K, and pay only for that trip.
How much excess cargo insurance can I buy for a single load?
CargoLabs lets you bind excess cargo limits from $50,000 up to $1,000,000 per load, in $50,000 steps, on the spot. Enter the load's details to see the price for the limit you need.
Do I need an existing cargo policy to buy excess per-trip coverage?
Yes. XS Cargo is excess coverage: it sits above your existing annual Motor Truck Cargo Legal Liability policy (a primary limit of at least $100,000) for a specific load. Your annual policy stays your primary layer, and the per-trip limit stacks on top of it.
How fast can I get a certificate of insurance?
Immediately. The certificate is generated and emailed the moment the policy binds, with up to two certificate holders listed, so you can forward it to a broker, shipper or rental company within minutes of getting the quote.
How long does excess single trip cargo coverage last?
You choose the coverage start date and duration to match the pickup and delivery dates on the bill of lading. Coverage is tied to that specific trip.
Quoted per trip · single product · instant certificate on bind.