Haulage Insurance

Haulage insurance needs are typically different for each company. However, a haulage business usually requires core coverage for vehicles, goods, employees, and public liability. Businesses can increase their protection with additional add-ons. Insurance for fleets, breakdown and recovery, legal costs, and professional indemnity are a few of the available options.

Haulage insurance is for businesses delivering large loads to one or two fixed destinations. Distances can be long, but the routes are routine. Courier insurance is somewhat different. This is for vehicles making multiple deliveries to varying addresses. The routes and goods can be different every day. There will be multiple stops along the way, and it’s usually more focused on deliveries in built-up areas.

No. The law does not require you to have fleet insurance for multiple vehicles. However, there are benefits to a fleet insurance policy. With all vehicles under one policy, you’ll have simplified administration, flexibility in making changes, and potential cost savings.

Here are the typical steps you will need to take when making a haulage insurance claim:

1. Notify your insurer as soon as possible about the incident and fill in the claim form.
2. Submit information and evidence required. These could include a summary of the incident, photos of the damage, a police report, and supporting invoices, notes and receipts. If third parties are involved, correspondence with them may be required. It is usually a good idea to leave communication with third parties to your insurer. Since it’s a haulage claim, conditions of carriage and contract documents may also be needed.
3. Insurers will investigate the claim and present a settlement offer. At this point, you can negotiate if needed.
4. Once settled, your insurer will pay and arrange repairs.

Yes. Standard haulage insurance covers many risks, but hazardous or abnormal loads will need additional cover. You may need to find insurers who specialise in these types of insurance policies. Our platform makes this easy by matching your needs to suitable insurers, sourcing personalised and competitive quotes.

It’s important to assess the entirety of your risks before choosing a haulage insurance policy.

• The size of your business, the number of employees and vehicles.
• The types of goods you carry and third-party liabilities that pose a risk.
• Decide which add-ons would be appropriate for your business. There are multiple to choose from.
• Remember that policies can differ between insurers because they weigh up risks differently. It’s important to shop around.