What You Need to Protect Your Trucking Business

Protecting every aspect of a trucking business is critical for ensuring its future success. If this isn’t done then it can easily lead to lengthy and damaging legal cases. But the good news is that protecting a trucking business isn’t that difficult. In total there are four different aspects that have to be covered. Get fleet insurance quotes and make sure all of the below areas are covered.

Cargo in Transit

The time when cargo is most at risk is when it’s in transit. The truck can crash, the cargo can roll around inside the back of the truck, or any one of the supports can break. When it comes to expensive and valuable cargo any damage could lead to a backlash from the original client. Through insurance any damage can be protected against.

Cargo in Storage

Cargo is still at risk even whilst it’s been stored within a warehouse. If a fire breaks out or the security system fails then it can lead to a lot of lost cargo. Again, if the cargo is particularly valuable then it can lead to a big loss for the company. But don’t let it be a loss via legal proceedings. Make sure any impact that’s incurred via legal proceedings is protected against.

The Trucks

The trucks themselves are the most important tools of any trucking business. If a truck is put out of action then the initial job is ruined, but it could also lead to the company turning down work in the future as they just can’t complete it. That’s a big loss of money there. And then there’s going to be even more money lost when it comes to actually repairing or replacing the truck itself. It can effectively wipe out a company’s yearly profits.

The Employees

Employees can be injured anywhere. They can be injured in a road accident or on the premises of either the company or a client. If they are forced away from work then it’s up to the company to compensate them if the case goes to court. Many of these cases do go to court and it’s necessary to make sure that this cover is included in all fleet insurance quotes before settling on a policy. However, if it doesn’t go to court then it’s fine to just keep paying them their normal salary without having to worry about insurance.

You can get fleet insurance quotes at Blueangeltech

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What does the best HGV fleet insurance offer?

Anyone owning and operating an HGV will know the importance of finding the right vehicle insurance for an HGV fleet. There are a myriad of risks involved in the haulage industry, not simply for the drivers and vehicles themselves – for example, the sort of goods carried by your vehicles may necessitate goods in transit cover or the inclusion of public liability cover if there is any kind of risk to the general public.

Just as with ordinary vehicle insurance, a fleet operator can take some simple precautions to help reduce the risks to the business, to the staff and to the vehicles, such as carrying out regular servicing and only employing drivers with clean driving licences.

Anyone looking for HGV fleet insurance should consult a specialist insurance broker with a dedicated expert team in providing HGV, truck or lorry experience. They will have the expertise to find insurers who can meet your needs, such as providing hgv fleet insurance and management services for companies with three or more vehicles.

It’s worth knowing in advance exactly what automatic cover and extras you will need to keep your vehicles on the road in the event of an accident – some insurers will provide free courtesy vehicles, such as like-for-like trucks, at no extra cost.

Look for HGV fleet insurance that gives you an unlimited mileage policy and will also include free legal expenses.

If your drivers are experienced and have accident and offence-free records, insist on protected no claims bonuses for them to reduce your premiums.

And another way to make paying your premiums manageable is to find an insurer that gives the option of monthly hgv insurance payments to be made via direct debit.

If you’re just starting out in the driving business, there are large introductory discounts available for new couriers and new ventures, so make sure your expert insurance team finds the best deal on the market for you.

Running a business can be tough but finding HGV fleet insurance need not be a difficult task with the right expert help to hand.

Blueangeltech is a leading UK broker and can provide HGV fleet insurance advice and quotes

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You Could Need Vehicle Fleet Insurance

You could need vehicle fleet insurance even if you only have a single vehicle! A primary factor according to insurance companies is on how a vehicle is utilised. This is a crucial aspect to the policy holder as insuring a vehicle for the wrong reasons, could lead to repudiation of any claim. For anyone limiting their driving to and from their place of work, but not for any work related activities, then a standard type of auto insurance policy will suffice.

Vehicles that are used directly for work related purposes should be attached to a fleet or commercial vehicle insurance policy. It need not be a heavy duty truck, a van or any other specifically designed vehicle for commercial use. In theory, it could be any type of vehicle, even one that is used for travelling between business appointments.

Legal requirements for vehicle fleet insurance are generally similar to those for personal vehicle insurance, but there are exceptions. In some instances, higher restrictions could be applied to taxicabs and passenger conveying vehicles.

With regard to drivers of fleet vehicles, this type of policy unlike personal vehicle insurance, fleet policies require designated drivers. If this condition is not adhered to, then any claim submitted relating to an unlisted driver could be declined. It is therefore, essential that all fleet related drivers’ lists are maintained up to date.

In general fleet insurance does not extend cover for damages caused by the owner of the vehicle or employees. This is a different type of insurance and endorses the need for professional and qualified advice, regarding the necessary insurance business applications. This is an aspect that concerns trailers, which are not a self-propelled vehicle. In general, the liability factor regarding the vehicle towing a trailer is covered by the fleet policy. However, it is usual for trailers to possess a form of comprehensive coverage, separate from the other vehicles.

When used in a commercial environment, trailers are usually insured on a pre-determined value basis. This precedent could especially apply to older trailers or the more basically constructed trailer, for example a flatbed.

Find fleet insurance at top UK broker blueangeltech

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