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Freight Brokerage Insurance

Protecting Oregon Freight Brokers — Contingent Cargo, E&O, and Liability Coverage

Why Oregon Freight Brokers Need Specialized Insurance

Freight brokers face a unique liability exposure: you arrange transportation but don't physically handle the cargo. When a shipment is lost, damaged, or delayed, shippers and carriers often look to the broker. Standard business insurance policies don't address this exposure — freight brokers need specialized coverage.

Gerald Ross Agency has been placing commercial insurance for Oregon transportation and logistics businesses since 1935. We work with carriers who understand freight brokerage operations and provide the specific coverages your brokerage needs.

Gerald Ross Agency

Why Choose Gerald Ross Agency?

  • Independent agency — we work for you
  • Explore coverage options for your needs
  • Local Oregon Coast insurance guidance
  • Serving Oregon Coast since 1937
  • Help comparing coverage and policy terms
  • Personalized service and claims advocacy

Freight Brokerage Insurance Coverages

A complete freight brokerage insurance program addresses the specific liabilities of arranging transportation for others.

Contingent Cargo Liability

When a carrier you arranged loses or damages a shipment and cannot or will not pay the claim, your contingent cargo policy steps in. This is the core coverage for freight brokers — without it, you are personally exposed to cargo claims from shippers.

Errors & Omissions (E&O)

Freight broker E&O covers claims arising from mistakes in your brokerage operations — booking the wrong carrier, failing to verify carrier authority, or errors in documentation. E&O is essential for any licensed freight broker.

General Liability

General liability covers bodily injury and property damage claims arising from your brokerage operations — including claims from clients, carriers, and third parties visiting your office.

Commercial Property

Covers your office, equipment, and business personal property. If you operate from a home office or commercial location, property coverage protects your business assets.

Cyber Liability

Freight brokers handle sensitive shipper and carrier data. Cyber liability covers data breach response, notification costs, and liability arising from a cyber incident affecting your brokerage systems.

Workers Compensation

Required for Oregon freight brokerages with employees. Covers medical expenses and lost wages for employees injured on the job — including office staff and any field personnel.

Independent
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Local
Oregon Coast
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Coverage Options
Personal
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Why Oregon Freight Brokers Choose Gerald Ross Agency

Transportation Industry Expertise

We specialize in insurance for Oregon transportation and logistics businesses. We understand the specific risks freight brokers face and work with carriers who write these programs correctly.

Serving Oregon Since 1935

Nearly 90 years of continuous service to Oregon businesses. When you call, a licensed local agent answers — not a call center.

Independent Agency — Multiple Carriers

As an independent agency, we compare freight brokerage programs across multiple carriers to find the best combination of coverage and price for your brokerage.

Oregon Coast and Statewide Service

We serve freight brokers throughout Oregon — from the coast to the Willamette Valley. We understand Oregon's transportation corridors and the carriers who operate here.

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Freight Brokerage Insurance — Gerald Ross Agency

Freight Brokerage Insurance — FAQ

Common questions from Oregon freight brokers about brokerage insurance.

What insurance does a freight broker need in Oregon?
Oregon freight brokers typically need contingent cargo liability, errors & omissions (E&O), general liability, and commercial property insurance. The FMCSA requires brokers to maintain a $75,000 surety bond or trust fund, but that is separate from your insurance program.
What is contingent cargo insurance for freight brokers?
Contingent cargo insurance pays when a carrier you arranged fails to pay a cargo claim. It is secondary to the carrier's cargo coverage — it steps in when the carrier's policy doesn't respond. Every freight broker should carry contingent cargo coverage.
How much does freight broker insurance cost in Oregon?
Freight broker insurance in Oregon typically costs $2,500–$8,000 per year depending on your volume, number of employees, and coverage limits. E&O and contingent cargo are the primary cost drivers. We compare multiple carriers to find the best rate for your brokerage.
Does a freight broker need E&O insurance?
Yes. Freight broker E&O (errors & omissions) covers claims arising from mistakes in your brokerage operations — booking the wrong carrier, failing to verify authority, or documentation errors. Without E&O, you are personally exposed to these claims.

Still have questions? Contact our team for help.

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Get in Touch

Ready to protect what matters most? Contact us today for a no-obligation insurance review. Our experienced agents are here to help you find the right coverage for your needs.

Bend, Oregon Old Mill District
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