The Smarter Way to Offer Excess Insurance—Meet TripExcess®

January 29th, 2025

Insurance Agents and Motor Carriers alike know that when it comes to the Trucking industry, efficiency and cost-effectiveness are critical to success.  But too often, outdated processes and insufficient insurance solutions keep businesses from reaching their potential.  That's precisely why we created TripExcess®—an innovative, one-way excess insurance solution that simplifies coverage while empowering agents and truckers to achieve more.

Whether you're a producer, an account manager, or a Motor Carrier navigating the challenges of securing the right coverage, TripExcess® redefines how you approach excess insurance.

The Hidden Gap in Trucking Insurance

The Trucking world operates at high velocity, with freight moving across the country 24/7.  Yet, securing excess coverage for high-stakes loads has traditionally been a slow and cumbersome process.  Many agents scramble to secure last-minute policies or deal with dissatisfied clients frustrated by delays.  Motor Carriers, on the other hand, are often left missing out on better-paying loads because they either:

1. Assume excess insurance takes too long to acquire.
2. Believe it's prohibitively expensive.
3. Fear past negative experiences with suboptimal options like Shipper's Interest policies.

This is where TripExcess® stands out.  By providing on-demand, flexible excess coverage designed specifically for Motor Carriers, we're bridging the gap in the market and solving critical inefficiencies.

Why TripExcess® is a Game-Changer

TripExcess® isn't just another insurance product—it's a modern solution tailored for a fast-paced industry.  TripExcess® offers an impressive $2,000,000 in Excess Automobile and Excess General Liability coverage and up to $1,000,000 in Excess Cargo Liability coverage.  Here's what differentiates it from traditional options like Shipper's Interest policies or full-year coverage plans.

1. Protects Motor Carriers, Not Just Shippers

Most competitors in the market focus primarily on Shipper's Interest policies, which protect the shipper's property during transit.  While that might sound sufficient, these policies often include subrogation provisions, exposing Motor Carriers to potentially steep uninsured losses.

TripExcess® shifts the focus back where it belongs—on the Motor Carrier's legal liability.  Unlike Shipper's Interest, TripExcess® provides coverage that directly protects Motor Carriers during transit without the hidden risks of subrogation claims.

2. Pay Only for What You Need

Gone are the days of expensive full-year insurance or unnecessarily high primary limits.  With TripExcess®, Motor Carriers and Insurance Agents can purchase coverage for specific loads, trips, and vehicles.  There are no long-term commitments and no wasted premiums.

For example, a Motor Carrier typically operating with $100,000 in cargo liability limits can use TripExcess® to raise its coverage to $1,000,000 for just a single trip.  This cost-effective approach ensures Motor Carriers pay only for what they need—and only when they need it.

3. Fast, Simple, and Always On

Time is money in the Trucking world, and TripExcess® respects that.  Our platform allows users to quote, bind, and pay for coverage in just minutes—all online, 24/7.  With no delays and an intuitive process, account managers and service staff save hours of valuable time.  Switching from cumbersome manual processes to TripExcess® has transformed agencies' workflows, improving productivity and client satisfaction simultaneously.

4. Backed by Trusted Security

TripExcess® is powered by strong domestic paper with an A.M. Best "A" rating, providing peace of mind to agents and clients alike.  This is the kind of protection you can confidently recommend to Motor Carriers.

Examples of Success

Scenario 1 — An Agency's Lifesaver

An insurance agency located in Dallas recently faced a common dilemma—a Motor Carrier client needed excess coverage for a $750K cargo load at the last minute.  They only had $100K in primary coverage and risked losing out on the job.  Instead of navigating the time-consuming back-and-forth of traditional policies, the agency turned to TripExcess®.  Within minutes, they secured the necessary $650,000 excess cargo liability coverage.

The result?  A happy client, a retained account, and an agency team that stayed ahead of schedule.

Scenario 2 — Motor Carrier Maxed Revenue

Many independent Motor Carriers operate with elevated coverage limits "just in case," leading to inflated premium costs.  Take Amanda, an Owner Operator based in Atlanta.  She maintained a $250K cargo liability policy for years, paying premiums far above industry norms.  After learning about TripExcess®, Amanda reduced her primary coverage to $100K and utilized TripExcess® for higher-limit jobs where necessary.

Not only did she save thousands annually, but she also expanded her business by confidently taking on higher-paying loads.

How TripExcess® Saves Time, Energy, and Money

For Insurance Agents, TripExcess® simplifies the process of securing higher insurance limits, removing manual inefficiencies that frustrate both staff and clients.  For Motor Carriers, it unlocks immediate access to jobs they once couldn't qualify for without imposing unnecessary costs.

Here's what TripExcess® delivers for both parties:

For Agencies:

• Streamlines service operations, reducing delays.
• Minimizes client dissatisfaction with speedy coverage.
• Enhances the agency's reputation as a trusted partner.

For Motor Carriers:

• Gains access to higher revenue loads.
• Cuts costs by opting for specific trip coverage.
• Protects against subrogation risks tied to Shipper's Interest.

Why Choose TripExcess® Over Competitors?

Agents and Motor Carriers deserve a solution tailored to their unique needs.  TripExcess® differentiates itself by focusing on Motor Truck Cargo Insurance, providing excess limits that protect Motor Carriers, not just the cargo shipper.

Unlike other alternatives that focus solely on Shipper's Interest, TripExcess® offers a customized approach supporting both agents and truckers in achieving their goals.

Start Doing More With Less

At Workforce, we believe insurance should be a tool for growth—not a burden.  By saving you time, energy, and money, we allow you to focus on what truly matters—driving success for your agency or trucking business.

Sign up for a free TripExcess® account today and unlock more opportunities with the click of a button.

TripExcess®—Excess insurance designed to do more while you do less.

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