I'm getting my freight broker business set up . Can anyone suggest a good company to get my contingent cargo insurance ? How much coverage should I ask for ? I want to be safe than sorry. Thanks a bunch.
While you don't NEED contingent coverage, you had better spend a lot of attention to your carrier partners' insurance ratings/certifications because if you don't have contingency, and the carrier insurance only partially pays, then there could be a shortfall that needs to be dealt with.