Freight & Logistics
Insurance for the Businesses Behind Freight Movement
RIG helps freight brokers, logistics companies and transportation intermediaries evaluate insurance options built around the contracts, cargo exposures and operational responsibilities behind every load.
Built for Intermediaries
Your Risk Extends Beyond the Load
Freight brokers and logistics organizations arrange, coordinate and manage transportation. That role can create exposures tied to contracts, carrier selection, cargo claims, customer requirements, data and day-to-day operations.
RIG can help you evaluate insurance options that fit the way your business operates. Coverage availability, limits and terms vary by insurer, jurisdiction and underwriting eligibility.
Coverage Considerations
Insurance Options to Evaluate
Freight Broker Liability
Coverage options that may address certain liability exposures arising from brokerage operations, subject to policy terms.
Contingent Cargo
May help address qualifying cargo-related exposures when a contracted carrier’s coverage is unavailable or insufficient, subject to policy wording.
General Liability
Addresses certain third-party bodily injury, property damage and premises exposures outside the transportation of freight itself.
Professional Liability
Errors and omissions coverage may be available for qualifying professional services and operational allegations.
Cyber Liability
May address qualifying data, network-security and cyber-event exposures that affect modern logistics operations.
Umbrella & Excess
Additional liability limits may be available above qualifying underlying policies for businesses with larger contractual requirements.
Operational Detail
Contracts, Cargo and Carrier Relationships Matter
Insurance planning for a broker or logistics company starts with understanding the services you provide, the agreements you sign and the responsibilities you assume.
Cargo-Related Contractual Exposure
Customer and carrier agreements can allocate responsibility for cargo loss, delay, damage or other claims. Review contractual obligations alongside available insurance options.
Carrier Selection Allegations
Allegations involving carrier selection, dispatch or operational decisions may create exposures that differ from those of a motor carrier.
Data and Technology
Transportation intermediaries often handle customer, carrier, shipment and payment information. Cyber controls and coverage options may be relevant.
Certificates and Requirements
Shippers, customers and contractual partners may request specific limits, certificates or additional-insured language. Requirements should be reviewed carefully.
FMCSA Basics
Insurance Is Not the Same as Broker Financial Responsibility
Property brokers generally must maintain $75,000 in financial responsibility through a BMC-84 surety bond or BMC-85 trust fund arrangement, subject to current FMCSA rules and the broker’s specific circumstances.
A BMC-84 bond or BMC-85 trust is not the same as an insurance policy. It is a separate FMCSA financial-responsibility requirement for property brokers. Insurance needs, contractual requirements and available coverage should be evaluated separately.
For current requirements, forms and filing guidance, visit the Federal Motor Carrier Safety Administration.
FMCSA Information
This information is provided for general educational purposes only and is not legal, regulatory or compliance advice. FMCSA rules and requirements can change. Consult FMCSA, qualified legal counsel and other professional advisors regarding requirements for your operation.