Supply Chain Specialty Categories
We specialize in providing insurance solutions for key players in the logistics and transportation industry, including motor carriers, freight brokers, and freight forwarders. Each of these businesses has unique risks and responsibilities.
Motor Carriers
Motor carriers play a vital role in the supply chain by transporting goods across the U.S. They ensure the timely and efficient movement of freight between manufacturers, distribution centers, and retailers, serving as a crucial link that keeps products moving smoothly across regional and national markets.
Freight Brokers
Freight brokers connect shippers with reliable carriers, acting as intermediaries in the transportation process. They coordinate logistics, negotiate rates, and ensure freight is moved efficiently and cost-effectively. By streamlining communication and leveraging industry networks, brokers help both shippers and carriers operate more smoothly within the supply chain.
Freight Forwarders
Freight forwarders manage international shipping logistics, including customs and documentation, acting as a single point of coordination. Unlike freight brokers, who connect shippers with carriers for domestic loads, forwarders often handle storage, consolidation, and global transport, providing comprehensive services beyond just matching loads with trucks.
Specialty Motor Carrier Sectors
Common Trucking Insurance Coverages:
Truck/Auto Liability (AL)
--- Common Limit: $1,000,000 ---
Trucking Auto Liability insurance covers bodily injury and property damage caused by commercial trucks during accidents. It’s a mandatory coverage for motor carriers, protecting both the public and the business from financial loss due to at-fault incidents involving company-owned vehicles on public roads.
Motor Truck Cargo (MTC)
--- Common Limit: $100,000 ----
Motor Truck Cargo insurance covers the loss or damage of freight transported by a for-hire trucker. It protects the carrier’s liability for cargo in transit due to theft, collision, fire, or other covered events, ensuring shippers are compensated and truckers meet contractual and regulatory obligations.
Physical Damage (PD)
--- Common Limit: Stated Value ---
Physical Damage coverage protects a commercial truck against damage from collisions, theft, vandalism, fire, and other covered events. It includes Collision and Comprehensive insurance, helping truck owners repair or replace their vehicles, regardless of fault, and is essential for leased or financed trucks.
Workers' Compensation (WC)
--- Common Limits: $1,000,000 / Accident, $1,000,000 / Policy, and $1,000,000 / Employee. ---
Workers' Compensation insurance provides medical benefits and wage replacement to employees injured on the job. It protects both employers and employees by covering work-related injuries or illnesses, helping businesses comply with state laws while reducing liability for workplace accidents.
General Liability (GL)
--- Common Limit: $1,000,000 /Occ. & $2,000,000 Agg. ---
Truckers' General Liability coverage protects trucking businesses from claims of bodily injury, property damage, and advertising injury that occur off the truck or outside of driving operations. It covers incidents at truck stops, loading docks, or during deliveries, providing essential protection beyond auto-related liabilities.
Umbrella or Excess Liability
--- Common Limit: $5,000,000 ---
Truckers Excess and Umbrella Liability coverage provides additional protection beyond the limits of primary policies like Auto Liability or General Liability. It helps cover large claims or lawsuits, ensuring your business is protected from catastrophic losses that exceed standard policy limits.
