About Our Courier Fleet Insurance
If your business uses vehicles to deliver goods or parcels to customers or clients, then you may be best off with courier fleet insurance. These policies allow for the extra amount of miles and time on the road, and they also take into account the value of goods that you carry. With the right cover, your vehicles, your drivers and the goods in transit will all be included in your insurance, so you can be safe in the knowledge that everything is safe and covered.
What does courier fleet insurance include?
With courier fleet insurance, you’ll need to decide what exactly you want to be covered, and with this, you have three main choices:
Comprehensive Cover: This is the highest level of insurance you can attain for your vehicle. It will include third-party, fire and theft, and most importantly, it covers damage to your vehicle, even if you are at fault.
Third-Party, Fire and Theft: This only covers the third-party aspect of insurance, so any damage to other people. The only insurance you receive is in the event of fire or theft.
Third-Party Only: This covers just the damage done to other people and their property.
Goods in Transit
This insurance covers the goods in your vehicle in the event of theft, loss or damage. The amount of cover depends on the types of goods you deliver and the approximate value of those goods. Each insurer will have specific guidelines for goods that fall under
the cover and goods that don’t, so check them out first.
This covers the compensation and any court fees should someone claim against you for injury or damage caused by your work activities. For example, if someone stumbled over a box, you had left on the ground in a public place.
If you are the owner of the courier company, you may want to seek some extra coverage that covers the business should an employee raise a claim against you for any reason or recoup lost wages on employees that can’t work due to injury or illness.
One of the most critical extra covers you can attain as a company that relies on vehicles is breakdown cover. Nothing can damage your business more than one of your vehicles being off the road for too long, especially if it has parcels to deliver onboard while it’s out on its route. Good breakdown cover will have you back on the road on the same day in most cases, and therefore will have as minimal an impact as possible on your operations.