Multiple Quotes Available from UK Brokers
Do you or your business need self employed car courier insurance? Courier insurance whilst not legally acumpulsory will protect your courier transportationbusiness. A standard motor policy will provide cover for your vehicle, but will not cover the items that you may be transporting in your car.
In order to help find a good deal on car courier insurance it pays to compare what options are currently on offer in the marketplace. We can help, as we are able to send your insurance requirements to a panel of UK brokers. These brokers will then provide you with insurance offers. Having access to multiple offers should make it easier for you to find a good deal that is best suited to your individual requirements.
Some ways to reduce your annual or monthly courier premium costs
Insurance companies tend to consider carriers of goods as high risk. This is mainly due to the fact that they not only make multiple stops in the course of their business, but that they often find themselves working against the clock. These insurers are also well aware of the fact that couriers often carry valuable goods, a fact that thieves know as well. As such take actions to lower costs is advisable. Below is a list of ways to reduce your premiums.
- Maintaining a good history of no claims will lead to a more competitive quote as the underwriter views you as a lower risk to make a claim against your policy in comparison with someone with many claims.
- Increase the excess level: This will be looked on in a positive light by any broker and should lead to a reduced car courier insurance annual premium for you or your courier business
- Ongoing Training : Can you provide evidence that you provide your drivers with ongoing driver training? If yes inform your broker as again this should help lower the premium price.
- Good security measures such as providing secure parking, fitting additional security gadgets that are approved by the UK insurance industry.
- If possible hire drivers with a good history of driving and if possible over 25 and under 75
Types of cover to consider :
- Goods in Transit : If you transport goods of high value you should look at GIT insurance which is in addition to basic car insurance and will cover you for loss or damage to goods in transit. Please note it is common practice for these types of policies
to have a list of exclusions for example diamonds. Do take time to ensure that the items that you transport are not on the list. If they are on the excluded list you will need to negotiate with the broker to get them added to your policy.
- Employer's
Liability : If you employ staff you are open to claims made by them. Taking out employer’s liability cover will safeguard you from what can be substantial costs should a claim be made against your business by one of your employees.
- Transport Breakdown : If you transport time critical items then you need to be able to quickly continue your onward journey. As such consider breakdown cover which will get you mobile again quickly so that any delay is minimal.
- Public Liability : This provides should any members of the public suffer loss or injury that you have mau cause whilst carrying out your everyday work.
Car Delivery Driver Options
Named drivers is the cheapest option. However if your business model needs some flexibility as to who can drive at short notice then any driver is available, but the premium will be slightly higher.