How to Get Cheap Courier Insurance
By 2019, the number of parcels sent each year is predicted to grow by 40% to three billion. That’s good news if you’re in the courier business, but the explosion in deliveries also brings with it challenges. The right insurance can help overcome some of the financial risks you face as a courier every day – and deliver real peace of mind.
Courier insurance with no compromise
Whether you run a fleet of vans for your courier business, or you’re an individual who uses your own car for courier deliveries, Park Insurance can find you reliable courier insurance cover at a great price. Call our dedicated team now on 0117 955 6835 or get in touch.
What courier insurance do I need?
Vehicle/fleet – Whether you deliver by car, motorbike or bicycle, you need your wheels for work, so you need to get them insured. Remember it’s not just the vehicle that needs to be covered against accident fire and theft, but also the contents. And consider any specialist equipment that you have in your vehicle, such as your barcode scanner. This can be costly to replace and may not always be covered by basic policies.
In transit cover – This covers the items that you’re delivering against damage or loss.
Public liability insurance – If anyone is injured or anything damaged by something to do with your courier business they can bring a claim against you. Legal fees can quickly mount to the ££thousands, but this insurance gives you peace of mind that costs are covered.
Employer’s liability insurance – This is a legal essential if you employ any members of staff. It covers your legal costs if they are injured by anything to do with your business.
Insurance for freelance couriers
If you are a freelance courier working full or part-time you’ll need to:
- specify that you use your car or van for courier deliveries or your insurance could be invalidated.
- make sure your insurance covers you for the contents of your vehicle.
- consider legal cover which will pay for expensive legal fees if you injure someone or cause damage to property.
- consider personal accident cover for added peace of mind if you have an accident that stops you from working for a period of time.
And, if you rely on your wheels for your work, quick and reliable breakdown cover with the option of a similar vehicle as a replacement whilst yours is being fixed, can make life easier and ensure you keep on the road working.
5 steps to getting cheap courier insurance
1) Telematics
Fitting a telematics box to your car, van or fleet can help you to lower insurance premiums, but only if you’re a safe driver. It records things like speed, braking and erratic driving. Whilst safe driving is rewarded with lower insurance premiums, if you’re considered to be driving unsafely, your insurance costs can rise.
2) Use a dash-cam
Installing a dash-cam can save you money on your courier insurance. If you’re running a fleet of vans, this saving could be substantial. Although you’ll need to pay for the installation of the dash-cam, this cost can potentially be offset against tax. And the savings on your premiums can make it an attractive option.
3) Be a careful driver
If you are a self-employed courier driver, the best way to keep your premiums low is to be claim free. You must always tell your insurer if you have any endorsements on your licence but beware of over-declaring penalty points. If you’ve had endorsements on your licence for driving offences, check online to see if they are still valid. If you tell your insurance broker that you have penalty points but they are spent, you’ll be unnecessarily paying over the odds for your insurance.
4) Secure your car or van
Vans can be a target for thieves, so help to reduce insurance costs by fitting an immobiliser or professional alarm. If you can, park it in a street with good lighting and where there are plenty of passers-by. Keeping your vehicle parked in a locked garage overnight can also help to lower premiums.
5) Shop around for the best deal
As with all insurance, it pays to shop around for your courier insurance. An independent broker, like Park Insurance, can quickly access specialist policies tailored to your needs to ensure premiums are affordable and won’t leave you with any unexpected surprises if the worst does happen.
Cheaper courier insurance you can rely on
Talk to our expert team at Park Insurance for advice on cheap courier insurance. We understand the specific needs of the courier industry and can find you insurance that gives you the level of cover you need at the best price. Call us today on 0117 955 6835 or get in touch for a free, no-obligation quote.