The transportation industry and its professionals are vulnerable to financial exposures and liability as a result of improper performance of, or the failure to perform, your professional services, including your activities as a customs broker, property broker, domestic freight forwarder, international freight forwarder, NVOCC, warehouseman, etc. With constantly changing rules and regulations and today’s litigious environment in which settlements and awards are increasingly on the rise, your company cannot afford to go without the proper Errors & Omissions (E&O) Insurance protection.
Also known as Professional Liability coverage, E&O Insurance will provide you with the legal defense and settlement (if awarded) per the policy terms in the event a customer files a claim against your company alleging damages as result of the services you provided. Some of the most common types of claims include: failure to follow instructions, shipping delay caused by the negligence of an employee, improper quotation of charges, incorrect document preparation, unauthorized release of goods, misdirection, failure to collect documents, failure to properly clear goods upon entry, incorrect classification of goods, failure to insure cargo when instructed to do so, negligent selection of trucker or other carriers, among other activities.
At Roanoke Trade, we have spent two decades refining and enhancing our E&O program to meet the specific needs of the professionals who make up the transportation industry. We can customize your program based on your operations to provide the comprehensive protection needed to eliminate or minimize financial losses associated with the defense and settlement of actual or alleged errors or omissions claims and litigation.
For more information about our Errors and Omissions policy please click here.
Roanoke Trade: E&O Insurance Specific to Your Needs
Your daily operations may involve services for your customers driven by extensive documentation that requires attention to detail. Without the necessary protection, even a small oversight or alleged error can have a devastating effect on your business. Roanoke Trade can help protect you against costly lawsuits with our insurance programs. Please contact us at 1-800-ROANOKE (800-762-6653) or complete the Contact form located above.