What is Goods in Transit Insurance?
Goods in transit insurance is an insurance product available to businesses that transport goods from one place to another. Some businesses transport their own goods in their vehicles: for example, a greengrocer may use their van for picking up supplies from the cash and carry. If you are carrying goods in your own vehicle then you can arrange a goods in transit insurance policy which would compensate you should the goods in your vehicle be damaged whilst in transit.
Other businesses, such as couriers, carry goods for other people or businesses. If the goods they have been entrusted with are lost or damaged whilst in transit, the courier can be sued if they were found liable for any loss or damage occurring to the goods.
Anyone who carries goods in their own vehicle for their own business or carries goods for other people or businesses should consider arranging a goods in transit insurance policy as their van insurance or car insurance policy doesn’t provide any cover for the goods.
Here at Autonet we can arrange goods in transit insurance cover for you or your business. Our aim is to provide you with a low cost goods in transit insurance policy that is specific to your needs. So give us a call today.
What cover does Goods in Transit Insurance policy provide?
Goods in transit insurance policies generally provide cover against fire, theft or attempted theft and loss or damage by accidental means to goods on or in a specified vehicle. Cover applies whilst the goods are in transit or whilst they are been loaded or unloaded from the vehicle.
Why should I get Goods in Transit Insurance?
Imagine you are travelling along the motorway to deliver a consignment of goods and your vehicle is involved in an accident causing damage to the goods you are carrying. If you didn’t have any goods in transit insurance cover you would not be compensated for the damage caused to the goods and would have to suffer the financial loss of replacing the goods. What would you do if your vehicle was stolen, along with all the goods you were carrying? Again without any goods in transit insurance cover you would have to pay to replace the goods yourself.
By arranging goods in transit insurance cover through Autonet you can protect yourself or your business from any such financial loss or distress, as a goods in transit insurance policy is designed to provide compensation for replacing the lost or damaged goods.
Looking after you and your business
When you consider the risk of having to meet such costs should you not take out goods in transit insurance, you can see the value of having the cover. We see the value in it too, and that’s why we aim to offer you a low cost goods in transit insurance policy that is tailored to your individual needs.
At Autonet we want to look after your business which is why we offer a range of business insurance products to protect you and your business.
Do you have a fleet of vehicles that need covering? Considering renewing your public liability insurance? Give our dedicated business sales team a call and let us help you today.