International Risk Placement, Inc. 1821 Walden Office Square, Suite 210 Schaumburg, IL 60173-4268 US

(847) 397-9256

(847) 397-9256

  • Home
  • Our History
  • Coverage
    • Cont Auto Broker
    • Cont Auto Leasing
    • Cont Cargo Liability
    • Monoline Cont Cargo
    • Cargo Liability
    • Excess Cargo Liability
    • General Liability
    • Business Contents
    • Truck Brokers E & O
    • Automobile Phys/Dam
    • Non-Trucking Liability
    • Freight Forwarders Auto
    • Freight Forwarders Cargo
    • Excess Contingent Auto
  • More
    • Home
    • Our History
    • Coverage
      • Cont Auto Broker
      • Cont Auto Leasing
      • Cont Cargo Liability
      • Monoline Cont Cargo
      • Cargo Liability
      • Excess Cargo Liability
      • General Liability
      • Business Contents
      • Truck Brokers E & O
      • Automobile Phys/Dam
      • Non-Trucking Liability
      • Freight Forwarders Auto
      • Freight Forwarders Cargo
      • Excess Contingent Auto
  • Home
  • Our History
  • Coverage

International Risk Placement, Inc.

International Risk Placement, Inc.International Risk Placement, Inc.International Risk Placement, Inc.

Contingent Cargo Liability

Contingent Cargo Liability coverage provides investigation, indemnity and defense  to a truck broker for third party claims. An example of where coverage applies will be a case which the truck broker relies on the validity of a certificate of insurance received from the trucker and which turns out to be bogus.  A claim ensues and the truck broker is brought into a claim resulting in a suit. The Contingent Cargo Liability policy will provide investigation, indemnity, and defense for a covered claim.
 

Our program provides the truck broker with limits of:
 

            a) $100,000 any one loss subject to a $1,000 deductible
 

            b) $250, 000 any one loss subject to a $1,000 deductible
 

            c) $500,000 any one loss subject to a $1,000 deductible
 

            d) $100,000 any one loss subject to a $1,000 deductible each and every loss except in respect of

                 Refrigeration Breakdown claims wherein the deductible is $2,500 any one loss.
 

            e) $250,000 any one loss subject to a $1,000 deductible each and every loss except in respect of

                 Refrigeration Breakdown claims wherein the deductible is $2,500 any one loss.


            f) $500,000 any one loss subject to a $1,000 deductible each and every loss except in respect of

                Refrigeration Breakdown claims wherein the deductible is $2,500 any one loss.
 

The Contingent Cargo Liability program has to be written in  conjunction with the Contingent Automobile Liability programs for those  accounts with an annual revenue exceeding $5,000,000. 

Downloads

Cont Auto, Cont Cargo, GL, BC, PL and S&P Buyback App (pdf)

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