Courier insurance is not just a choice but a legal requirement for businesses moving goods for others on UK roads. Unlike private cover, courier insurance is specifically designed for commercial courier use. It’s not an option; it’s a necessity for your business to operate within the law.
What level of courier insurance do you need?
The type of courier insurance you need will depend on the nature of your operations. Various options are available, allowing you to customise your policy to suit your specific business needs.
There are numerous coverage offers you can expect to sift through. As with normal vehicle cover, you will need to be covered for Third-Party, Fire, and Theft, which are seen as basic cover. This will cover the vehicle against said problems, and a third party will be covered in the event of an accident.
How much are you willing to pay for courier driver insurance?
While Third-Party, Fire, and Theft is often the cheapest option normally available to you, Goods in transit insurance is important because you’re couriering goods. Courier van insurance with goods in transit cover will protect the goods you’re transporting for a third party against loss, damage or theft and would normally be considered essential and a long-term cost-saver when considering what policy you will require.
Public Liability cover is also an option. Being out on the road and being in contact with the public and customers, this policy will cover you against any accidental damage caused to a civilian’s property while conducting your business, as well as in the unfortunate event of an accident or injury and is something that should also be considered.
Will you require employer’s liability insurance for your courier van?
It’s also worth checking if you will require Employer’s liability cover on top of the standard insurance for your courier van. You certainly will if you hire employees as part of your business. If, for example, you subcontract work, which, of course, is extremely common in the courier world, then they may qualify as self-employed, and it is worth checking with an advisor to see which category your workers fall under.
With that, Light Haulier cover is normally expected by a company looking to hire an individual for subcontract work. This is essential for those working on their own and making a small number of deliveries, and it will make individuals more desirable to contractors if they possess such cover.
Will you need courier insurance for multiple vehicles?
Fleet insurance is for companies operating several vehicles. Lumping the cover together this way makes it easier to manage your policy as you will not have to register with an insurer for each individual vehicle. It’s also worth looking into how many drivers you would like to insure on a vehicle and determining what it would cost to cover them.
Premiums may be higher for drivers with less experience, so it’s worth checking with an advisor to see what courier fleet policy options are available and how this would eventually affect the policy cost of your courier insurance policy.
Finding courier driver insurance online
As you can see, there are numerous things to consider when establishing what kind of courier insurance policy and coverage you need. At Insurance Revolution, we can tailor a courier insurance policy for you that specialises in non-standard cover for vehicles and drivers.
For cars, vans, trucks, or HGVs, we offer competitive rates and can often offer policies others simply cannot. Get in touch and speak to an advisor about your specific business needs.