Essential Guide: Verifying Motor Carrier Insurance for Freight Brokers

🚚 Welcome to Freight 360, your go-to source for everything in the freight brokerage world! In today’s informative video, we’re diving deep into the critical task of verifying a motor carrier’s Certificate of Insurance (COI), with a special focus on Auto Liability Insurance.

📜 Why is this important? As a freight broker, ensuring that your carriers have the right insurance coverage is not just a best practice—it’s a vital part of your business. This video guides you through the nuances of different types of auto liability coverage, such as ‘Any Auto’, ‘Owned Autos Only’, ‘Hired Autos Only’, ‘Scheduled Autos’, and ‘Non-Owned Autos’.

🔍 We’ll break down the ACORD 25 form and its significance in the freight industry, emphasizing the importance of the Auto Liability section. This knowledge is essential to protect your business interests, comply with regulations, and build trust with your shippers.

💡 Learn the risks associated with failing to verify a COI, understand the implications of ‘Scheduled Autos’ coverage, and discover how to mitigate potential liabilities. Our expert insights will help you navigate the complexities of motor carrier insurance and ensure that you’re working with adequately covered carriers.

👍 Don’t forget to like, subscribe, and hit the bell icon to stay updated with our latest content. Check out the description box for links to our sponsors and our Freight Broker Basics Course—a comprehensive guide to starting and growing your freight brokerage business.

🔗 For more resources and insights, visit our website at www.freight360.net and join our community of smart, proactive freight brokers!

🎥 Stay tuned for more practical tips and industry knowledge. Thank you for watching, and we’ll see you in the next video!

#FreightBroker #MotorCarrierInsurance #COIVerification #Freight360 #FreightIndustry #Logistics #TruckingInsurance #FreightBrokerTraining #FreightBrokerTips #AutoLiabilityInsurance #ACORD25

Support Our Sponsors:
Bluebook Services: https://www.bluebookservices.com/
DAT Freight & Analytics – Get 10% off your first year!
DAT Power – Brokers & Carriers: https://www.dat.com/power/1959316
DAT Express – Brokers: https://www.dat.com/express/1959316
Truckers Edge – Carriers: https://www.truckersedge.net/1959316
Lean Solutions Group: https://www.leangroup.com/

Recommended Products: https://www.freight360.net/about/sponsors#affiliates-section

Freight Broker Basics Course: https://freight-360.teachable.com/p/freight-broker-basics

Join Our Facebook Group: https://www.facebook.com/groups/449325909379811

Check out all of our content online: https://www.freight360.net/

NFL Pick’em League: https://www.poolhost.com/joinpool/0/92035/Letstalksports