What is contingent cargo insurance?

 

Contingent cargo coverage, sometimes referred to as freight brokers insurance, is primarily used by brokers to protect against holes in the coverage of shippers or truckers.  Although it is not a required coverage, brokers use this risk management tool to protect assets, strength relationships with customers, and enhanced marketing by increasing the company’s overall business reputation.

 

 

Who should consider contingent cargo insurance?

 

Business operations that should consider contingent cargo coverage:

• Freight/Transportation brokers

• Logistics

• Freight forwarders

• Import/Export

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If your business falls into any of the above, you can learn more by contacting a TruePoint commercial insurance representative by emailing commercialinfo@truepointgroup.com or by phone at (502) 410-5089.