Designed to protect truck brokers in the event one of their contracted truckers has a coverage issue.
Truck and freight brokerage operations need coverage for the exposures presented when their clients’ policies fail to respond. Our Truck Broker Contingent Liability product helps to service this segment of the industry.
Coverages
- Contingent auto
- Contingent cargo
- E&O
- General liability
Limits
- Truck Brokers
- Up to $5,000,000 – Contingent Auto, GL, Professional (E&O)
- Up to $250,000 – Contingent Cargo
- Truck Leasing
- $1,000,000 – Contingent Auto
- $100,000 – Off-Lease Physical Damage
Availability
National
Requirements
- Contingent Brokerage Application: https://paperless-insurance.com/insurance-application/
- Sample Broker Carrier Agreement
- List of Motor Carriers w/ DOT Numbers
- Principal’s CV for risks with less than one year in business