Why do I need Haulage Insurance?
With insurance costs being a significant expense to operations, the need for specialist experienced advice in handling your haulage insurance requirements is of paramount importance. The insurance market is seeking to provide haulage insurance to clients who can demonstrate sound fleet management practices. We can offer you a comprehensive fleet management and insurance service to allow you to benefit from the most competitive premiums and claims management service. We have clients ranging from single vehicle operators to National / International operators of 400+ vehicles. If your haulage insurance costs are increasing, you need to talk to us now regardless of your renewal date, to take advantage of our extensive experience and expertise in this market sector.
What is Haulage Insurance?
Because hauliers may transport a wide variety of goods, insurers can include an equally wide breadth of cover in their policies. Hauliers’ insurance policies are diverse. They can be based on a limited contractual liability basis or an all risks liability basis. Depending on your specific policy, it could include the following types of liability covers:
- Contractual liability cover protects against liability from standard conditions of carriage from the RHA or FTA, or bespoke haulier contracts.
- CMR liability covers liability generated from shipments which fall under the CMR agreement.
- Liability at common law provides extra cover, sometimes with a separate indemnity limit.
- Extended liability offers increased protection for increased liability.
Other possible covers include goods in transit, employers’ liability, public/products liability and business interruption.
