Do agents working at a brokerage typically have financial liability?

I'm a complete newbie and a broker is willing to take me on and train me to eventually operate as an agent. Given how most brokers only accept agents with an established book of business and previous industry experience, it is an opportunity to learn the business at the very least if I end up being bad at sales.

But I don't want to become financially liable for anything while learning the business.

If there are any experienced agents out there, should agents typically be responsible for uncollected freight charges and footing the bill if the shipper they found ends up not paying their bill for some reason?

I'm seeing a lot of sample contracts that brokers are using to establish their agent/broker terms. Here's an example from google:

http://webcache.googleusercontent.c...cd=3&hl=en&ct=clnk&gl=us&client=firefox-b-1-e

Seems like the agent is shouldering a lot of the risk the broker should be taking on instead since they are the ones who are insured for those sorts of things, no?

What level of risk should new agents expect while operating with a broker?

Thanks in advance for advice.

 

Does anyone have experience working with Relay LLC?

 

Thanks for sharing this. Good to know.

 

I will look into this. It is something I never considered until I started reading about some of the legal cases involving brokers. I would hate to make a newbie mistake and then get sued into oblivion.