Suggested Courier Insurance Features
Every courier business is different, meaning that no two courier insurance policies will be the same. In the UK, you are required by law to have at least third part only motor insurance. You can choose to upgrade this to third party, fire and theft, or a comprehensive policy which would include more detailed coverage for specific events.
We recommend looking into the following features for your policy:
Courier Liability Insurance
Public liability insurance covers you against claims made my third parties including pedestrians. For example, if you are in an accident with another car, or a package falls from your van and injures your customer or a member of the public, the damage, medical and compensation costs will be covered
Courtesy Car Insurance
Having vehicle insurance covers the cost of repairs which will get your vehicle back on the road as soon as possible. However, depending on the time it takes to repair, a courtesy vehicle may be needed in order for you to continue working and earning during this time
Couriers operate using a range of vehicles and it is important to ensure you have the right cover for the one you use. For example, courier van insurance would most probably require different features from courier car insurance. A courier using a van would likely be delivering larger items (as opposed to a car courier who may only be delivering small packages), so could benefit from goods in transit cover as part of their policy.
Self-Employed Courier Insurance
Many couriers work on a self-employed basis and, in this case, your policy may require different features. While being self-employed does offer flexibility and freedom, there is also little protection should you be unable to work for any reason. Chat to your broker about potential features that should be included for maximum protection.