Trucking Brokers Protect Themselves

Trucking brokers have begun to protect themselves from non covered cargo losses by purchasing contingent cargo insurance. The policy provides the trucking broker with coverage for the cargo being hauled in the event that the trucker’s policy has been cancelled not paid, or that the company has gone out of business.

The trucking broker has the ultimate responsibility for the cargo that is being hauled by their contracted truckers. Historically trucking brokers have relied upon certificates of coverage provided by the contracted broker to ensure that there is adequate coverage in place to protect the cargo being hauled. Many times the trucking broker would be unaware that a policy has cancelled midterm for non-payment of premium.

When trucking brokers contract the hauling of cargo to a contract carrier and the carrier is involved in a loss involving cargo being hauled, the trucking broker will be responsible to pay for the loss of cargo even if the contract carrier’s policy has been cancelled. Contingent cargo insurance provides the added protection to the broker as an extra precaution to ensure that they are not left in a position that they need to cover tens of thousands of dollars out of their own pocket for damaged cargo.

Trucking brokers with contingent cargo coverage will still be required to verify that the contract carrier has a cargo policy in place with enough coverage to protect the cargo being hauled. Contingent cargo coverage is designed to act as a secondary coverage to protect the cargo in a situation that the broker has taken all necessary actions to ensure that the contract carrier has coverage and is unaware of a lapse in coverage. This added protection can help trucking brokers protect their businesses and avoid having to pay out personally out of pocket due to a lapse in coverage on the part of the contracted carrier.


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Heike Ziegler

HEIKE ZIEGLER – YOUR #1 MARKET MULTIPLIER & BRAND MAGNIFIER Heike Ziegler is Founder and CEO of HZH International Brandconsulting UG and CELEBRITY BRAND MOVEMENT a company of HZH INTERNATIONAL BRANDCONSULTING UG specializing in brand, market and business development of brands, retailers and technology service partners in the fashion & lifestyle industry. Heike´s goal is to help you achieve brand-performance and enter new markets faster and easier than you ever imagined. As a veteran fashion designer with an international background, Heike masters complex topics such as the organization of an Omni-channel platform from the ground up and the implementation of new technologies as a service. Future-oriented trading strategies are made possible through advanced automated marketing and the analysis of the difficulties of users (brands & retailers) with a focus on the development and expansion of their intensive B2B relationships. Heike Ziegler provides solutions to strengthen the business performance of hundreds of fashion brands and retailers across Europe, from support through dedicated service networks and data conversion from marketing to providing a complete retail platform for brands and retailers to bring about long-term results. HZH-IBC serves as a platform for e-commerce, web application services/professionals, and for the creation of automated online marketing for the development of Omni-channel e-commerce solutions and trade applications for brands and retailers in the fashion & lifestyle sector. To transform the HZH-IBC platform into a marketplace where fashion and lifestyle brands meet with the trade for the successful sale of products and the joint business development, existing co-operations are being expanded and new partnerships are being developed. If you have any questions about Heike Ziegler success strategies and services, please email hzh@internationalbrandconsulting.com or call +49-172-913-999-5 or skype heike.ziegler60.