Freight Forwarder Liability
and Errors & Omissions Insurance
The Best Protection for Your Business
Millions of dollars in claims are made each year against freight forwarders and other third party intermediaries. Incidences that negatively impact freight forwarder profitability include claims for damaged freight moving under house freight bills, warehouse claims, alleged short shipments, general average, administrative mistakes, misdirected freight, uncollected cargo, stolen freight and equipment, and customs broker errors.
- Already insuring hundreds of members in over 100 countries
- Fast, no-obligation quotation
- Option to pay monthly
- Coverage is instinctively international and broad
- Contract reviews and advice on Standard Trading Conditions service is available
Note: The scope of coverage may vary by insurance provider and policy. Information referenced herein about coverage is general and for illustration purposes. For details about coverage, consult the insurance policy, a copy of which will be made available on request.
WCAworld Risk Managed Designation
Members who carry insurance at the WCAworld required level are eligible to receive the Risk Managed designation, regardless of where you bought your insurance. Members with RM designation are more likely to be preferred by WCA agent partners.
Additional Coverages Available for U.S. Members
Contingent Motor Truck Cargo Legal Liability
This coverage specifically applies to protect the Domestic Property Brokers that address physical loss or damage claims during transit arranged by the Domestic Property Brokers. It is not a first-party insurance, rather a defense-oriented coverage.
Contingent Auto Liability
This coverage is for any type of service provider that dispatches loads to the trucks, such as Domestic Property Brokers, Domestic Freight Forwarders, Non-Vessel Operating Common Carriers, and Indirect Air Carriers. The insurance addresses claims of third-party bodily injury and property damage associated with tendered loads.