1365. #TFCP - Hidden Exclusions: Why Your Paper COI Doesn't Mean You're Covered!

Are you relying on COIs and assuming you're covered, or could one denied cargo claim put your brokerage at serious risk? Today, William (Billy) Worthington from Falvey Insurance Group explains why certificates of insurance can be misleading, how hidden exclusions and sublimits create massive exposure for freight brokers, and why understanding the actual insurance policy matters! We talk through the complex risk profile brokers carry when managing multiple carriers under one policy, why broker cargo liability insurance and all-risk cargo coverage are no longer optional, and how inflation has made standard $100,000 cargo limits dangerously outdated.  Billy also covers how poorly aligned contracts can shift liability straight onto brokers, why fraud and double brokering losses are exploding, and how layered risk management, technology-driven insurance solutions, and higher coverage limits can protect your operation, your margins, and your customer relationships in today's volatile freight market!   About William (Billy) Worthington  Billy leads Transportation & Logistics at Falvey Insurance Group. With more than 10 years at Falvey, William is known for his professionalism, responsiveness, and ability to deliver strategic, solutions-oriented support to brokers and partners. His leadership and collaborative approach help strengthen client relationships and reinforce Falvey's reputation for excellence in the specialty insurance market.   Connect with Billy Website: https://falveyinsurancegroup.com/  LinkedIn: https://www.linkedin.com/in/billy-worthington-32a98057/    📊📉 Don't miss out on the latest market trends by subscribing to your TOP Transportation Morning Show! 🌎 🎬🎯 #TheFreightCoach Morning Show is LIVE every weekday at 10:30 AM CST to break down transportation industry headlines! Mark your calendars!   To Find Out More About My Freight Services Visit https://freightcoachlogistics.com/   🤝 Shoutout to my sponsors!👇 SPI Logistics | https://spi3pl.com/  Revenova | https://revenova.com/freightcoach/ NMFTA | https://nmfta.org/   Donate to support Stacy and her family: https://tinyurl.com/36xmxcmr   🚀🔥 To sign up for my Newsletter, go to http://eepurl.com/iNoHco, get in touch with me through the social media channels below, and subscribe to my YouTube Channel!👇   ▶️ https://www.youtube.com/channel/UCjrL70IEnCfDkNaiYMar3jw 📷 https://www.instagram.com/thefreightcoach/  🕊️ https://twitter.com/thefr8coach  💼 https://www.linkedin.com/in/chris-jolly-a183aa6a/