HGV and Goods in Transit Insurance
Insure Your HGV
says that
HGV insurance is vital to both self employed HGV drivers and haulage companies alike.
With so many hours spent on the road, expensive trucks and often transporting thousands of pounds worth of goods, haulage insurance and goods in transit insurance is likely to make up a significant part of your fixed costs as an individual or haulage company.
So what do you look for when considering a HGV insurance quote?
In today’s difficult trading conditions, the principle consideration is price. Getting cheap HGV insurance is at the top of most people’s wish list. Going to specialist HGV insurance brokers is probably the best way to get the most competitive quote.
One such specialist broker is called insureHGV with the website www.insurehgv.com.
Tim Crighton, from insureHGV, explains why they can get the best insurance prices on the market. “Firstly, we will know exactly what underwriters to approach given your individual circumstances. As our specialist HGV insurance team deal with HGV drivers and haulage companies every day, they know who to approach for insurance for a new HGV driver versus a vast haulage fleet insurance quote for example”.
Tim continued, “Secondly, as we write so much haulage insurance business, we have special rates with the underwriters that others simply can’t match. Our buying power, customer base and track record means that we have built superb relationships and exclusive insurance rates. Our expert team know where to go and when”
“We also specialize in taxi insurance, courier insurance, fleet insurance and car insurance so we know what we call the ‘wheels insurance’ market very well indeed”
So is there anything else you should consider for truck insurance?
“Goods in transit insurance is normally very important for an HGV driver or haulage company so make sure you have the appropriate level of cover. It can normally be included as part of your HGV insurance policy and doesn’t cost much extra in normal circumstances. I’d also check what cover you have regarding replacement vehicles. Being off the road for any period of time hits you financially so it’s important you get a like-for-like replacement vehicle. We have a 24/7 claims management service for all our policies”
Tim concluded “If you are a Haulage contractor, we have a combined Employers and Public Liability policy specially designed for Haulage Contractors. It is underwritten by a leading UK insurer and is competitively priced based on the number of vehicles operated.
Our standard limits of indemnity range from £1,000,000 for Public Liability and £10,000,000 for Employers Liability however there is an option to increase the Public Liability section to £2,000,000 or £5,000,000 any one loss if required”.
So it seems that whilst price is vital for HGV insurance, there are other factors you need to consider when renewing your next haulage insurance policy
For more information please call 0800 142 2841 or visit www.insureHGV.com
insureHGV are a brand of County Insurance Consultants Ltd
