Freight Brokers’ Liability Insurance Program

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 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

ATU 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

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