There are several different types of business insurance cover that you should consider for your business:
Third party: This is the minimum amount of cover that you should have legally and provides cover for other people if an accident is the fault of one of your drivers. However, it is important to be aware that damage to your vehicles or driver’s injuries will not be covered.
Third party, fire and theft: This type of policy will also replace a vehicle if it is stolen and covers damage due to attempted theft or a fire.
Comprehensive: This type of policy will also cover any damage to your vehicles.
Hauliers Liability: Provides for the loss and damage to goods in the care, custody and control of the haulier in accordance with standard trading conditions or under International Conventions such as CMR (Convention on the Contract for the International Carriage of Goods by Road) and also under Common Law.
Breakdown: Provides cover for vehicle breakdown, nationwide recovery and homestart including misfuelling cover and lost and stolen keys for vehicles up to 7.5T vehicles up to and including 8.5m in length, 2.5m in width and 3.5m in height. Cover can be provided to single vehicles and fleet.
Motor Legal: Provides cover for uninsured loss recovery (e.g., loss of earnings, policy excess, vehicle hire), personal Injury claims for both drivers and passengers, legal protection for your own defence against motoring prosecutions & contractual disputes relating to the sale or purchase of a motor vehicle.
Tools in transit: Provides cover for Cover for damage -in the event that tools are damaged whilst being loaded onto, housed upon or unloaded from the vehicle, cover for Theft -you may be covered in the event of your tools being stolen, even when your vehicle is unattended and overnight.
GAP Insurance: If a vehicle is ‘written off’, Motor insurance only covers to its value at the point it is declared a total loss. This can be substantially less than outstanding finance commitments and the price you paid for your vehicle. GAP Insurance can cover outstanding finance payments and the value of the vehicle when you bought it. Cover can be provided for single vehicles and fleets (including trucks).