GOODS IN TRANSIT INSURANCE
WHAT IS GOODS IN TRANSIT INSURANCE?
If you carry goods as part of your business, goods in transit insurance provides cover against the risk of those goods being lost, damaged or stolen.
This type of cover is often packaged with public liability insurance and employers’ liability insurance, which will protect you against the additional risks faced when delivering goods.
Goods in transit cover can be arranged on a standalone basis, though it is often included in combined business insurance policies. An experienced insurance broker can help you to determine which is the most appropriate cover for your business.
WHY DO I NEED GOODS IN TRANSIT INSURANCE?
Goods in transit insurance is a specific form of cover and is not a legal requirement, but many businesses and organisations will insist that you have it before they will use the services of your business.
It is important to ensure that you have the right level of cover, in case items that you are carrying are stolen, damaged or lost. If you don’t have cover, your business could be liable for the cost of stolen, damaged or lost goods.
WHY USE A BROKER FOR GOODS IN TRANSIT INSURANCE?
A broker can help you find the right goods in transit insurance for your business. Andrew Bull Insurance Services have the experience and expertise you need to help make a good choice.
Dealing with a broker means that you have access to a broad range of specialist insurers, providing the range and value that you need.
A broker can also help by understanding your business, your typical payload and ensuring that you have appropriate levels of cover in place. At Andrew Bull Insurance Services, we can also help by providing goods in transit cover for a fleet of vehicles. And, if you use a third-party delivery service, we can arrange standalone cover in the event that your carrier does not cover your goods in transit.