GIT Courier Insurance Cover

Courier Fleet

Do you have GIT (Goods In Transit) insurance cover? If not then you could be making a very costly error. The good news is that many insurers are offering GIT as a complimentary addition to a courier insurance policy.

If like me you believe in the old adage that nothing is complimentary or indeed free, then check out your existing courier insurance cover and you never know you may just be pleasantly surprised by what you find. I hasten to add that GIT does not automatically come free or complimentary with all courier insurance policies, it’s up to you to check and see for yourself. You also need to be aware that in order to get GIT cover you will have to provide details of what is being carried and its value.

There are many different courier insurance options available, some include both UK and European cover and will insure young drivers or give any driver options as well as additional discounts for experienced drivers, although you will have to provide evidence of their experience! Most reputable courier insurance policies also include both employers and public liability insurance with variations in the amount of excess you will have to pay, however, I think this is not only essential for any courier service vehicle but also a small price to pay should one of your couriers be involved in any kind of accident.

Accidental breakdown may also be worth giving serious consideration to particularly if your courier vehicles are not new, many courier insurance brokers and companies will insure cars, vans and motor bikes of any age to give you peace of mind that you drivers and cargos won’t be left stranded.

Types of HGV Insurance

HGV insurance can be classified in many ways but it is best to classify it on basis of utility as well as cost. Truck owners could opt for basic HGV insurance, or simply stated, vehicle insurance. It is mostly purchased at the time the vehicle is purchased. It is an extra expense but mandatory by law in most developed countries.

Along with vehicle insurance, you could also opt for Goods in Transit insurance. It covers the owners against both theft as well as damage. It would be very helpful to have enough insurance here, as this one covers the damage caused by your vehicle, as well as damage to your vehicle and its contents. It is void in the case of a truck carrying hazardous materials.

Public liability insurance is not at all necessary but may prove worthwhile if your truck is in an accident with lots and lots of injuries. If and when you get sued (because of negligence) this insurance covers you against all the public’s expenses. It basically provides an extra legal guard to you.

For truck owners who do cross-continental transport, there is continental insurance as well. It covers you against all damages in a foreign land and provides extensive legal and medical cover in case of an accident.