Freight Broker Insurance
Protect your freight brokerage against cargo disputes, carrier-selection allegations, contract requirements, professional errors, cyber risks, and the financial responsibility obligations that come with arranging transportation.
Brokerage risk
Address claims tied to carrier selection, cargo loss, contracts, and professional mistakes.
Contract support
Help meet insurance certificate requirements that shippers and partners may expect.
Market access
Stronger insurance planning can help brokers compete for larger contracts with confidence.
Freight Broker Insurance that gets it right
Understanding freight broker insurance
Freight brokers face risks from lawsuits, contract disputes, cargo claims, and carrier-related incidents. Large shippers may require brokers to carry specific insurance before awarding contracts.
Freight broker insurance can include general liability, contingent cargo, contingent auto liability, and errors and omissions coverage.
Essential freight broker options
A BMC-84 surety bond helps meet FMCSA financial responsibility requirements. A BMC-85 trust is another option, though it can tie up significant working capital.
Contingent cargo and contingent auto liability can help protect brokers when a hired carrier policy does not respond as expected.
Benefits of partnering with Motive
Motive understands the risks brokers face in daily operations and helps build industry-specific insurance solutions around those risks.
Our team helps you compare options, understand requirements, and protect your brokerage as it grows.
Coverage highlights
- General liability
- Contingent cargo
- Errors and omissions
- Contingent auto liability
- BMC-84 bond guidance
- Certificate requirement review
Freight Broker Insurance questions
Commercial insurance resources
Stay up to date on industry trends and coverage topics.