Compare Courier Insurance makes it easy for yout to get cheap courier insurance quotes online. We can provide cover for owner drivers and the self employed. Cover is available for small to mid size courier companies and large national companies.
Courier insurance is an important component of any type of carrier business. If the goods that you transport can be easily sold on the black market or are valuable then your business may become the victim of theft. Every courier business needs a good level of cover in place to protect against the loss or damage of goods that you are couriering.
Because of the inherent risks, policies for courier insurance can be expensive and it will pay to compare what options are currently available in the marketplace. One approach to potential savings is to get multiple quotes and compare what is included and not included and the policy price.
Both have similarities, but they are also different. Both have one common feature they both include cover for ‘ carriage of goods for hire and reward'. A premium is derived based on risk to the broker of having to payout and the average payout amount. As risk can be greater for haulage the underwriters differentiate these 2 modes of carriage as different and policies are constructed to reflect the difference.
In summary if you are being paid for the delivery of other people's good on a multi drop basis then you should purchase insurance for couriers. The converse is true of haulage cover which will involve moving bulk goods from origin to destination. Multi drop is normally accepted to be 3 or more different drop locations per day.
The cost of cover depends on a multitude of factors some of which you do have control over. One of these is which insurance category the actual vehicle that you use falls into.
These categories normally range from 1 to 20, category 1 contains vehicles that are in general the cheapest to insure. The main factors that are used to determine which group are as follows:
In addition to the courier insurance for your mode of transport you will also require cover for goods in transit and public liability. GIT will protect your merchandise whilst in transit, some level of GIT cover may be already included in your courier policy, but it most likely not be sufficient.. Make it clear to the broker the types of service or services that you intend to provide.
We provide access to some of the cheapest quotes currently available online. To get quotes from top UK brokers select the get quote button and complete a quick online inquiry form. The quote system will then compare the market provide you with the best quotes available.