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Risky Business

Why VOI? Did You Know #10

By Shelly Benisch, T.R.S., C.I.C.
Posted Dec 24th 2014 3:48AM

CIS_Logo_61.jpgThe judiciary’s trend is towards holding Truck Brokers liable for the acts of its carriers and drivers. Caveat Emptor to the Broker offering that load…The protection offered Brokers through Contingent Liability and Contingent Cargo policies require “due diligence” on the part of the Broker.

Beware of Motor Carriers that continue to believe that non-expedite insurance will cover them and/or their Owner Operators.  If you have not properly vetted that Motor Carrier, do not expect your Contingent policies to step in as a remedy to lawsuit.


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