Transportation Brokers – Contingent Cargo
This type of coverage is all-risk and is designed to protect cargo while in the custody of the
motor truck carrier with whom the insured transportation broker has entrusted shipment.
Warehouse - to - warehouse coverage is offered. The policy applies when the trucking company
is unable to pay the shipper for loss of cargo due to insurance cancellation, nonpayment, denial,
or inadequate limits. The policy warrants that a valid cargo insurance policy be kept in the
transportation broker’s office for any vehicle brokered by the insured.