| Like all insurance, expectations of the insured need to be governed by the insurer, and that hits home with Courier Insurance very early in the process.
We may be believe that society has no limits and all are seen to be equal but as per the Animal Farm book, all animals are equal but some are more equal than others, and with insurance it really is the score.
Unlike home insurance where enormous suburban areas may be classified as similar and there is such a thing as bog standard cover, when it comes to couriers you really are wishing against the reality of what the score actually is.
It you are under twenty five years old, you really should forget the idea altogether as getting cover is nigh on impossible. For some reason under twenty fives are seen not to “concentrating” on the job in hand and accidents attributable to that group are have yet to show any decrease year after year.
The notion of getting your folks to put the vehicle in their name wont make the slightest difference and only raise suspicions as to why you are trying to get cover that way.
Clearly a courier is no good to anyone unless they intend to transport goods from A- B and that doesn’t mean people. The goods in transit that you intend to carry may be the same day after day 24/7 or they may vary. You need to establish what it is you intend to carry from where to where and what value it is deemed worth.
Van loads are usually categorised under the following values: up to £10k, £15k and £25k, beyond that cover is not surprisingly very specialised indeed.
Security obviously is another major issue and the quality of locks is integral, there is little point is operating a vehicle for the purposes of courier business if the locks don’t work and a padlock is the best you have.
Given it’s your business and you assumedly are in it for the long term, a basic level of security is paramount with the locks and a good industry rated immobiliser makes the rates you will be paying more attractive straight away.
Couriers by nature want to get as much business done as possible but you will need to clearly register what your intentions are going to be in regards how many drop offs take place per delivery. Will you always be only going form A – B or having six deliveries on the way both out and back.
It all sounds so picky but insurers are the guys covering your load and over the years experience had expensively told them what they need to get established straight away.
For sure as your business develops they will come to see you in a more independent light rather than just another statistic and understand how and where you are directing your business forward.
The risks with Courier Insurance are not low, but fortunately rates have come down over the last year as more insurers have become interested in getting involved.
Perhaps in some degree the Courier trade has evolved and is taken much more seriously today than it was previously through better regulation and higher expectations of paying customers, be they personal or commercial.
There are industry bodies which can be joined to show commitment and the want to raise standards across the board has helped raise the stature of members and carriers with insurers, which appreciating this effort and being prepared to lower rates payable.
There is also no reason to suppose that rates having come down will bounce back up again as competition is now very aggressive. That may mean it’s not so good a market to participate in for insurers but certainly a more cost effective market place for the insured party’s.
To explore our range of Courier Insurance, please visit our website at http://www.trident-insurance.co.uk/ |
