Errors & Omissions Insurance
Protecting Your Peace of Mind
Comprehensive Errors & Omissions Insurance
In the logistics and shipping industry, even a minor mistake can lead to significant financial losses. Errors & Omissions (E&O) Insurance from Global Insurance Solutions provides essential protection for freight forwarders, customs brokers, NVOCCs, and warehouse operators. Our policies cover legal liabilities and defense costs, ensuring that your business is protected from the financial repercussions of human errors and omissions.
Ways We Help
Discover how our Errors & Omissions Insurance can safeguard your business.
Legal Liability Coverage
Covers the amounts you are legally obligated to pay due to cargo loss or damage.
Defense Costs Covered
Includes attorney fees for defending you in court without applying any deductibles.
Freight Legal Liability
Protects against freight liability regardless of by air, ocean, rail, or truck.
Industry-Specific Policies
Designed specifically for freight forwarders, customs brokers, NVOCCs, and warehouse operators.
Peace of Mind
Ensures you can operate your business without the constant worry of potential lawsuits.
Employee Mistake CoveragE
Covers losses due to mistakes made by your employees, providing an extra layer of security.
Frequently Asked Questions
What does Errors & Omissions Insurance cover?
E&O Insurance covers legal liabilities and defense costs for claims resulting from human errors or omissions that lead to financial loss or damage to cargo while in your care, custody, and control.
Why do I need Errors & Omissions Insurance?
As a logistics provider, you are responsible for your clients' goods. E&O Insurance protects your business from costly lawsuits arising from mistakes made by you or your employees, ensuring your financial stability.
How does Errors & Omissions Insurance differ from Cargo Insurance?
Cargo Insurance covers physical loss or damage to cargo during transit. E&O Insurance, on the other hand, covers financial losses and legal liabilities resulting from errors or omissions in the handling and management of cargo.
What are the benefits of having E&O Insurance?
E&O Insurance provides comprehensive protection against legal liabilities, covers defense costs, and safeguards your business from the financial impact of human errors, giving you peace of mind and the confidence to focus on your operations.