Freight Forwarder Insurance Solutions

Protect your business and cargo with specialized coverage designed for freight forwarders

Freight forwarders manage the full journey of goods—arranging transportation, consolidating shipments, navigating customs, and ensuring documentation accuracy. With responsibility spanning multiple carriers and modes of transport, even small errors can create significant financial and legal consequences.

Risk Strategies can design a freight forwarder insurance program that safeguard your operations, protects the cargo you move, and strengthens your reputation as a trusted logistics partner.

Why freight forwarders need customized insurance

As a freight forwarder, you’re more than just a middleman—you’re orchestrating complex supply chains across air, ocean, rail, and over the road. That means you face liability for:

Cargo loss or damage during transit (the most common claims in forwarding)
Errors & omissions for failure to provide freight forwarding services
Regulatory compliance failures leading to fines or penalties (FMC, TSA, C-TPAT, CBP)
Contractual liability exposures tied to agreements with shippers and carriers
Third-party liability for bodily injury or property damage to third parties

Many freight forwarders also work closely with freight brokers, and our freight broker insurance solutions can complement your coverage by protecting against contractual liabilities, cargo damage, and third-party exposures—helping to protect your business across the supply chain.

Coverage highlights

Our Transportation Practice builds tailored programs aligned with your operations, customer obligations, and growth goals.

Key coverage options include:

Freight forwarder cargo insurance: cargo liability and shipper’s interest
Errors & Omissions (Professional liability): protection for negligence in rendering or failure to render professional services
Third party liability: coverage for third party liability and property damage claims
Regulatory and compliance protection: fines, penalties, and regulatory defense
Comprehensive business coverage: general liability property, employee liability, cyber risks, surety bonds, and more

Common claims scenarios

Cargo damage during transit or while in storage.
Misfiled customs entry leading to shipment delay and penalties
Negligence when providing professional services
Third party bodily injury or property damage claims

Partner with a specialty freight forwarder insurance broker

Risk Strategies is one of the nation’s largest specialty insurance brokers, with licensed insurance specialists in all 50 states and deep knowledge in the transportation sector.

Industry knowledge: Over 50 years advising freight forwarders, NVOCCs, and customs brokers
Market access: Direct relationships with all major insurance carriers
Claims advocaats: Dedicated support team to make adjustments to your program when required and to guide you through complex claims
Trusted by leading logistics providers nationwide
FIATA and industry-association aligned programs
Tailored solutions for small and large forwarders

Ready to safeguard your freight forwarding business?

Get a personalized risk review and comprehensive insurance quote from our team of specialists.

FAQs

Freight forwarder insurance protects logistics providers against financial losses stemming from cargo damage, misrouting, documentation errors, or regulatory penalties. It combines cargo coverage with liability protection specific to forwarders’ unique risks.

Freight Forwarders are required to maintain a surety bond. Most will also carry cargo liability, errors & omissions, and third-party liability. Depending on operations or customer requirements, additional protection may include general liability, property, all-risk shipper’s interest, cyber, and employee coverage.

Costs vary based on shipment volume, international exposure, and loss history specific to the freight forwarder. We provide competitive insurance programs that are tailored to your operation.

Our team provides end-to-end claims support and advocacy and work directly with insurers to minimize disruption to your operation while protecting customer relationships.