Hire and Reward Van Insurance
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Hire and reward van insurance is a legal requirement
Courier Van Insurance is required by UK law for anyone who uses their van to transport a third party’s property in exchange for payment for their services. This can include the hauling of furniture, food and even paperwork.
We provide all types of courier insurance, including motorcycle courier insurance and food delivery insurance.
What does van insurance with hire and reward cover you for?
If you have the correct hire and reward cover you will be financially protected for any legal costs and damage to your van. This will also cover the costs of stock. replacement if necessary. Plus any personal injury claims. Hire and reward insurance will normally include the following cover :
What level of van hire and reward insurance is best?
In accordance with UK law third party coverage is the minimal amount necessary to be legal on the road. Unfortunately the goods in transit are not financially protected with this minimal coverage and the courier could lose their business and be sued if the goods are damaged and the owner not immediately reimbursed.
Is it a legal requirement in the UK to have GIT?
What can affect the cost of your annual or monthly insurance premium?
Hire and reward van insurance is more expensive than a standard van insurance policy. This is natural as you are not only insuring your van,but also the goods that are in transit.
Factors that can affect the cost of hire and reward insurance include:
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What other types of coverage should I have?
Hire and reward insurance does include what is standard for a vehicle on the roads in the UK in reference to accidents. Because you are transporting third party property, that too needs financial protection. Without this added protection you could find themselves deeply in debt and out of business even if the damaged or lost property is not their fault.
Why compare hire and reward insurance premiums
Van hire and reward insurance can work out expensive. Whilst it may be expensive, you still do not want to overpay. This is where comparative websites can help save you money. By posting your requirements to multiple brokers you will receive selection of quotes by completing one simple online form. Start comparing the costs now by selecting the quote button
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