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Where to Find Online Competitive Courier Insurance
Courier vehicles which are under a lease agreement need to have the correct type of insurance to meet the requirements of the lease company. This generally means that a Comprehensive insurance policy will be required, especially if the lease vehicle is less than two years old.
There is a variety of different insurance cover available for owner drivers of courier vehicles. Owner drivers can find some very competitively priced insurance premiums, particularly if they shop online.
Lower premiums are also offered for experienced courier drivers. Those who have a proven record on no claims discounts of typically four years or longer can be offered massive discounts. These discounts will dramatically reduce the cost of the courier insurance. Basically the more years with no claims the higher the discounts the insurance companies will offer.
You will have to prove that you have never made a claim in order to qualify for the discounts. This is usually determined by providing past insurance history. The criteria for qualifying does vary between insurers, the best option is to speak to them and discuss your courier needs and see what they quote. It advisable to obtain more than one quote. This may then provide you with some negotiating and bargaining 'power'.
It is worth noting that the type and level of insurance cover also differs between insurance companies. Some may appear to be less expensive but the level of cover may not be the same. Tell the insurance company your exact requirements and ensure they are including as much as possible without additional costs.
Owners of more than one courier vehicle are able to make considerable savings with a fleet insurance policy. Inform the insurance company that you have more than one vehicle and ask what discounts they are prepared to offer. The criteria for the amount of vehicles to constitute a fleet vary considerably between the insurance companies. Some will offer fleet insurance for two or more vehicles, but usually it is four or more.
Goods in Transit cover are not always automatically included in a courier insurance policy. If you are using your courier vehicle for transporting goods for which you receive a reward or payment then you will almost definitely need to have Goods in Transit cover.
You may find that many potential customers will refuse to use your courier services if you cannot prove that you have this level of insurance cover. Likewise, many potential customers will also require you to have Public Liability insurance as well.
Whether you have a single or several courier vehicles there is a courier insurance that will suit your business needs. It is purely just a matter of shopping around and comparing what each insurance company is offering before deciding which to opt for.
If you do not have the time or the inclination to spend time carrying out searches for yourself the best option is to use an insurance broker which specialises in courier insurance and let them carry out the searches on your behalf. Brokers will then provide you with a number of different insurance quotes for you to choose from.
Author Resource:-
Paul Headley is a specialist insurance article writer. Staveley Head are a leading UK insurance broker for
courier insurance
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