Contingent Cargo Insurance
If you are a trucking brokerage, you likely need contingent cargo insurance. Contingent cargo coverage is generally carried by a trucking brokerage to protect the customer of the goods being transported. If the cargo insurance of the carrier to which cargo is entrusted is canceled, not paid, denied or if the limits are inadequate, contingent cargo insurance will kick in. If you are relying solely on the trucker’s certificate of insurance to protect you and your shippers, any one of these circumstances could eliminate insurance coverage for the loss or damage claim.
At that point, who pays? What happens to your relationship with your shipper? Who will be blamed?
We understand the trucking and hauling business so we can offer you much more than just insurance! Contact us today for more information about contingent cargo insurance.