Starting a courier courier motor fleet insurance policy with the right company is a must for UK courier businesses. Whether you’re delivering parcels, letters or food, getting the right insurance policy should be top of your priorities. Choosing the right courier insurance can be a daunting task, but it is essential to ensure that you have proper protection while on the road.
Policies can differ depending on the type of courier service you offer, and larger courier businesses may require more comprehensive coverage. In this blog, we will outline what you need to consider when choosing the right insurance policy for your courier business.
Your level of coverage and the amount you pay for insurance typically differs based on whether you get a personal or commercial policy. If you own the business, you will need to get a commercial policy, whereas a personal policy is for freelance courier drivers.
The latter does not provide the full level of coverage for a commercial vehicle, which could expose you to legal and financial risks if anything goes wrong.
Having a no claims bonus can result in significantly lower premiums over time. If you opt for a non-protected policy and end up making a claim, it could end up costing you more in the long run.
On the other hand, a protected no claims bonus could help you save on insurance premiums while still maintaining a smooth claims history.
If you have more than five vehicles that you wish to insure, then you may want to consider fleet insurance. Fleet insurance is designed for those who own and run two or more vehicles, which can be more cost-effective than insuring each vehicle separately.
Being stranded on the roadside is the last thing you want to happen, especially if you’re running a courier business. Breakdown cover can help you quickly and easily get back on the road in case of an incident.
At the end of the day, insurance is all about protecting you and your courier business.