Freight Forwarders (Errors and Ommisions)

E&O insurance covers the freight forwarder in the event a client holds the freight forwarder responsible for a service provided or that the freight forwarder failed to provide. This coverage includes legal defense costs for any allegation filed against you or your company and the amount of the judgment if one is passed by the court, up to the limits of your policy. In the freight forwarding industry, this is a very important coverage that should be discussed with your Magaya Insurance Services professional to identify potential hazards and mitigate losses. Protect your business and your reputation.