Freight Broker Insurance
In the high-stakes world of transportation and logistics, we understand the challenges of operating a freight brokerage. From million-dollar accident lawsuits to cargo theft claims, the liability landscape has never been more treacherous.
Every shipment carries risk. Every load presents potential exposure. One uncovered gap can destroy years of hard work.
Comprehensive Freight Broker Insurance
Successful freight brokers understand that minimum insurance isn’t enough in today’s litigation environment. A comprehensive insurance program addresses every vulnerability in your operation, from federal mandates to emerging cyber threats.
Attorneys are getting smarter. Settlements are getting larger. The bare minimum leaves you exposed when it matters most.
Your business deserves better than basic coverage.
| BMC 84 Surety Bond | Freight Broker Liability | Contingent Cargo |
| Professional Liability | General Liability | Cyber Liability |
- BMC-84 Surety Bond: A federally required $75,000 bond that guarantees freight brokers will fulfill their contractual and financial obligations to shippers and carriers. This bond is required by the FMCSA.
- Freight Broker Liability: Protection against claims that arise out of the operation of the brokerage. This coverage is varied based on your desired level of protection.
- Contingent Cargo: Secondary cargo insurance that activates when the motor carrier’s primary cargo coverage is insufficient, denied, or unavailable to cover damaged or lost freight.
- Professional Liability: Coverage that protects freight brokers against claims of errors, omissions, negligent acts, or failure to provide promised brokerage services to clients.
- General Liability: Standard business insurance that covers freight brokers for bodily injury, property damage, and personal injury claims that occur at their business premises or during normal operations.
- Cyber Liability: Specialized coverage that protects freight brokers from financial losses due to data breaches, cyber attacks, system failures, and technology-related business interruptions.
Ready to insure your freight brokerage?
Talk to a licensed agent at 855-281-2924
