Freight Forwarders or Handlers

What Does GL Code 94617 Cover?

ISO GL class code 94617 is specifically designed for Freight Forwarders or Handlers, excluding those involved in packing, handling, or shipping explosives or ammunition under contract. This code classifies businesses that arrange for the transportation of goods on behalf of shippers, often consolidating shipments and managing logistics without necessarily taking physical possession of the cargo for extended periods. It covers the general liability exposures associated with their administrative and logistical operations.

Who Uses This Class Code?

This code applies to businesses such as independent freight forwarders, logistics coordinators, customs brokers who arrange transportation, and non-vessel operating common carriers (NVOCCs) that primarily act as intermediaries. It also includes companies that handle the administrative and organizational aspects of moving goods, rather than directly operating the transport vehicles.

Common GL Claims for This Class

Common claims include bodily injury or property damage occurring at a freight forwarder's office or warehouse (e.g., slip and falls), and third-party property damage arising from administrative errors or misdirection of shipments, such as a truck damaging property while picking up or delivering goods arranged by the forwarder.

Coverage Tips for Code 94617

• Ensure your General Liability policy is properly endorsed to cover contractual liability, as freight forwarders often operate under complex service agreements with shippers and carriers.
• Verify that your policy includes coverage for 'Care, Custody, or Control' if you temporarily take possession of goods, as standard GL policies often exclude damage to property in your care.
• Consider a separate Freight Forwarders Legal Liability (FFLL) policy, as standard GL does not cover liability for cargo loss, damage, or delay, which is a primary exposure for this business type.
• In Florida, be aware of specific port regulations and licensing requirements, as these can impact your liability and insurance needs, especially when dealing with international shipments through major hubs like Miami or Jacksonville.