Freight Brokers’ Liability & Contingent Cargo
Freight Brokers’ Liability & Contingent Cargo
The freight brokerage market is poised to grow by $41.47B between now and 2024.
America's trucking industry is the lifeblood of the U.S. economy. In fact, nearly every good consumed in the U.S. is put on a truck at some point. As a result, the trucking industry hauled 72.5% of all freight transported in the United States in 2019, equating to 11.84 billion tons. The trucking industry was a $791.7 billion industry in that same year, representing 80.4% of the nation’s freight bill.
Truck and freight brokerage operations need coverage for the exposures presented when their clients’ policies fail to respond. Amwins National Transportation Underwriters' Freight Brokers’ Liability & Contingent Cargo product helps to service this segment of the industry. Our laser focus and specialty underwriting expertise help you, our retail partners, build your business year over year.
Coverages
- NEW! Freight broker auto liability (no annual aggregate; provides defense outside the limits because it covers the insured's legal liability)
- Contingent auto
- Contingent cargo
- E&O
- General liability
Requirements
- ANTU Freight Broker App
- Sample Broker Carrier Agreement
- List of Motor Carriers w/ DOT Numbers
- Principal’s CV for risks with less than one year in business
Freight brokers' liability & contingent cargo key details
Availability
This program is available in all states
Limits
- Freight Brokers
- Up to $5,000,000 - Freight Broker Auto, GL,
- Up to $1,000,000 - Professional (E&O)
- Up to $500,000 - Contingent Cargo
- Long-term Trailer Leasing
- $1,000,000 - Contingent Auto
- $100,000 - Off-Lease Physical Damage
Carrier
Lloyds of London
Contact Us
Brochures
Resources + articles
Stay up-to-date on emerging industry trends and topics.
