Goods in Transit Insurance Policy
Providing comparison quotations from leading UK insurers and brokers for goods in transit (GIT) cover. Policy available for single one man courier or a large courier firm looking for great value courier transit policy. Option to include public liability insurance on all policies.
If you are unsure as to exactly what type of cover you need, our online goods in transit quote form has a section for a call back request. Simply complete the quote form as much as you can and then request a call back to discuss any queries you may have.
Goods in Transit Insurance cover for Couriers.- Furniture Removers.
- Light Haulage.
- UK cover
- European Cover Available.
- Option to add public and employers liability cover.
- Goods in transit cover levels available from £10,000+.
- Unsure as to what you require. Request a call back.
- One simple online quote form for all goods in transit insurance policies.
- Wide range of goods can be covered.
- Currently we do NOT provide goods in transit insurance cover for couriers using a car or motorbikes.
The importance of having Goods in Transit Insurance cover for couriers should never be underestimated. Besides Couriers Goods in Transit policy is a must for trades such as haulage contractors, furniture removal firms, essentially any business that carries goods by vehicle should consider this type of cover. This type of insurance policy will provide cover for any contents that you may be carrying in your vehicle for damage, fire and theft. Please always read the insurers terms and conditions to ensure that you meet the full policy conditions of the Goods in Transit Insurance cover.
The Courier’s Goods in Transit Insurance policy is a highly specialised type of product. We ensure that your quotation is passed on to brokers that are specialist in this niche and at the same time offering you the best possible terms. Not all insurance brokers provide Goods in Transit policies but we have selected a few partner brokers should be able to meet all your demands and needs regarding Goods in Transit cover.
The Goods in Transit Insurance cover is ideally suited for all types of firms, from a single self-employed courier contracted to a firm such as TNT, parcel force etc to large courier firms with a fleet of vehicles. For an additional premium the policy can be tailored to include public and employers liability insurance cover.
Courier and haulier firms including sole trader couriers with a van need to have a commercial vehicle policy for their van before the vehicle can be used on a public highway. A type of business insurance cover called Goods in Transit Insurance is often overlooked by couriers when arranging various policies to protect their business. Courier’s Goods in Transit Insurance policy are essential to provide the correct level of protection for the goods they are carrying in their vehicles.
When a courier firm approaches a client or even a new prospect gets in contact with the courier or haulage company, having Goods in Transit cover shows that the haulage company is prudent in ensuring that their customer’s goods are protected in the event of a disaster. Courier firms that do not hold this type of policy can potentially lose a lot of business as clients will want to ensure that their goods are insured whilst in transit
An important point for courier and haulier firms looking for this type of business insurance cover should realise that these types of policies are highly specialised. Companies and individuals looking for cheap Goods in Transit insurance should do some research into brokers and insurers that are specialists in transit policies. An expert broker should be able to advise their client as to exactly the type of policy their client needs with the correct sum insured. Also you may also need public liability cover as part of the overall package.
In many instances this type of policy is an add-on to a couriers van cover. Some brokers will specialise in purely the commercial vehicle policies providing cover for the actual van but not the goods it carries. Other brokers will specialise in just the Goods in Transit insurance and public liability cover. The third type of broker may have a scheme that can offer couriers and hauliers a great deal on a complete package covering the commercial vehicle, goods and liabilities.
More and more courier firms such as TNT, DHL etc require their contract couriers to have sufficient public liability and also Goods in Transit cover before they can sign up. The cost for this type of policy is not that high. A typical example is for a courier looking to insure a single vehicle to carry goods insured to the sum of £10,000 can easily get a policy for under £150 a year.
Exactly what is a Goods in Transit insurance policy and who needs it? Commonly abbreviated to ‘GIT’, Goods in Transit policy will provide cover for a transport firm against damage or loss to customer’s goods that they are carrying in their vehicles. If the customers goods are damaged during transportation then the Goods in Transit insurance policy can be called upon to cover the costs of the loss to the clients goods. Most common type of companies and firms that need this type of cover include courier, haulage, cargo and furniture removal and marine transport businesses.
What geographical limits are there to a Good in Transit Insurance policy? Brokers that specialise in these types of polices usually have access to underwriters that can provide worldwide cover. Most courier companies only require UK cover with some of the larger courier companies also requesting EU cover.
Is there a restriction to the types of goods that can be carried under Goods in Transit insurance policy? Yes, each insurance company has their own policy wordings and you should clarify before taking out the policy as to exactly what the policy covers. A better option is to let the broker know exactly the types of goods that you will be carrying so that they can tailor the policy to meet your needs. Most simple courier’s goods in transit insurance policies only provide cover for letter, packets and small parcels.
