Freight Brokerage
Insurance is crucial for freight brokerage as it provides essential protection against potential risks and liabilities. It covers damages to goods in transit, liability for accidents or losses, and legal costs from disputes. Having comprehensive insurance safeguards your business from financial losses, enhances credibility with clients, and ensures compliance with industry regulations. By mitigating risks, insurance allows freight brokers to operate confidently and sustainably in a competitive market.
Surety Bond
A surety bond for freight brokers is essential for ensuring compliance with FMCSA regulations and protecting carriers and shippers from non-payment risks. FMCSA required bond amount $75,000.
General Liability Insurance
Protects against claims of bodily injury, property damage, and advertising injury that your business may cause. It's foundational coverage for businesses, covering legal fees, medical payments, and settlements.
Workers’ Compensation Insurance
Workers' compensation insurance covers medical expenses, lost wages, and rehabilitation costs for employees injured on the job. In many places, this type of insurance is legally required.
Cargo Insurance
Cargo insurance provides protection for the freight you transport. It covers losses due to cargo damage or theft during transit. Given the value of goods transported, this coverage is essential for safeguarding against financial losses.
Commercial Auto Insurance
Provides coverage for vehicles owned or used by a business, covering damages and liabilities arising from accidents. This includes cars, trucks, vans, and other vehicles used for business purposes.
Contact Us
If you have any questions about our services, please fill out the form below, and we will contact you shortly. Alternatively, feel free to give us a call or stop by for a visit – we look forward to seeing you soon!
info@kentfordinsurance.com
(773) 299-8133