Running your own courier business can be extremely rewarding, but not without its own challenges. That’s why having the correct courier insurance in place can give you peace of mind, knowing that your business is covered should there be a mishap.
If your business involves transporting other people’s goods for hire and reward then it’s a necessity that you’re covered by courier insurance. Remember, if you’re transporting your own goods for delivery then you will not be covered by courier insurance, you’ll need a van insurance policy instead.
It’s a legal requirement that all information you provide to your insurer or broker is correct, this will ensure an accurate courier insurance quote. Failing to do this can put you at risk of your policy becoming void or being cancelled.
When taking out your courier insurance it’s important to think about your needs and the level of cover that you require:
As a courier business, you’ll be expected to transport your client’s goods safely and efficiently, but we know sometimes things can go wrong. Goods in transit (freight liability) insurance covers the items you’re carrying for any damage or loss whilst in your possession, making it a necessity for couriers.
Having liability insurance in place for your business can make all the difference. Customers and employees need to know that they are financially covered should something go wrong. Liability insurance necessary for courier businesses includes:
If you’re a network driver or work on a contractual basis then you may be required to have employers’ and public liability insurance as a minimum requirement to fulfil contractual obligations.
Staveley Head is here to help you get the right insurance for your courier business at the right price. You can do this by calling our specialist courier insurance team on 0800 970 9980 or get a quote online.