Freight Broker Insurance Coverage

Freight brokers face unique challenges every day. From carrier liability to cargo claims, Harper Insurance understands the complex risks that freight brokerage operations encounter while coordinating shipments, managing carrier networks, and ensuring successful delivery outcomes for shippers across diverse transportation networks.

Our comprehensive freight broker insurance policies are specifically designed for property brokers, transportation intermediaries, and logistics coordination companies. Whether you operate an independent brokerage or manage a large-scale freight coordination business, we provide tailored coverage solutions that protect your operations, financial responsibilities, and client relationships.

Essential Freight Broker Insurance Types

Contingent Cargo Insurance

Critical protection for cargo damage or loss when primary carrier insurance is inadequate or unavailable. Essential coverage for freight brokers with liability exposure for goods in transit under their coordination.

Broker Liability Insurance

Protects against errors in carrier selection, inadequate carrier insurance verification, and negligent coordination of transportation services resulting in shipper losses and carrier-related damages.

General Liability Insurance

Covers third-party injuries and property damage occurring at your brokerage office or during business operations. Essential protection for visitor accidents and premises-related liability exposures.

Errors & Omissions Insurance

Professional liability coverage for mistakes in freight coordination, documentation errors, rate miscalculations, and failure to deliver promised transportation services to shippers and carriers.

Cyber Liability Insurance

Protects against data breaches affecting load information, carrier data, and shipper confidential information stored in transportation management systems and brokerage platforms.

Commercial Crime Insurance

Protection against fraudulent carriers, payment fraud, cyber theft, and employee dishonesty affecting brokerage operations and financial transactions with carriers and shippers.

Commercial Auto Insurance

Coverage for company vehicles used in brokerage operations including liability protection for business-related transportation and any owned vehicles used for freight coordination activities.

Employment Practices Liability Insurance (EPLI)

Protection against wrongful termination, discrimination, and harassment claims involving brokerage staff and independent contractor relationships with owner-operators and agents.

Freight Brokerage Operations We Serve

Full Truckload (FTL) Brokers
Comprehensive protection for brokers specializing in dedicated truck shipments including carrier liability coordination, load matching services, and specialized FTL operational coverage.

Less Than Truckload (LTL) Coordination
Enhanced coverage for brokers coordinating partial shipments including consolidation services, multi-stop coordination, and specialized LTL brokerage liability protection.

Specialized Freight Brokerage
Additional protection for brokers handling oversized loads, hazardous materials, refrigerated cargo, and specialty transportation requiring enhanced liability limits and specialized coverage.

Digital Freight Platforms
Technology-focused coverage for app-based freight matching platforms including platform liability, user data protection, and automated load coordination system coverage.

International Freight Brokerage
Specialized coverage for cross-border freight coordination including customs brokerage liaison, international carrier coordination, and global shipping intermediary protection.

Multi-Modal Transportation
Comprehensive protection for brokers coordinating rail, ocean, and truck combinations including intermodal liability coverage and complex transportation chain coordination.

Freight Broker Risk Factors

Carrier Selection & Vetting Risks
Inadequate carrier screening, unqualified operators, insufficient insurance verification, and carrier fraud that can result in significant shipper losses and brokerage liability claims.

Cargo Loss & Damage Exposure
Primary carrier insurance gaps, cargo theft, transportation accidents, and carrier bankruptcy situations leaving freight brokers exposed to cargo value claims from shippers.

Payment & Financial Risks
Carrier payment disputes, shipper non-payment, factoring company issues, and cash flow problems affecting ability to fulfill financial obligations to carriers and maintain operations.

Documentation & Compliance Errors
Rate confirmations mistakes, load instruction errors, FMCSA compliance failures, and transportation documentation issues that can result in delivery problems and liability claims.

Technology & System Failures
Transportation management system outages, load board failures, communication breakdowns, and cyber attacks affecting broker coordination capabilities and customer service delivery.

Market & Economic Exposures
Freight rate volatility, capacity shortages, fuel price fluctuations, and economic downturns affecting brokerage profitability and ability to maintain operations and carrier relationships.

Get Your Freight Broker Insurance Quote

Protect your freight brokerage with comprehensive coverage designed for your industry. Our experienced agents understand transportation intermediary risks and will work with you to build a protection plan that covers your specific operations, carrier relationships, and shipper obligations.

Key Benefits of Working with Harper:

• Specialized freight broker expertise
• FMCSA compliance guidance
• Carrier risk assessment support
• Expert transportation claims handling
• Technology platform protection

Ready to protect your freight brokerage? Contact Harper Insurance today for a comprehensive quote tailored to your transportation coordination operations and intermediary service requirements.

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