What Insurance Do I Need toWhat Insurance Do I Need to Send Packages? Send Packages?

Susan Kelly

Dec 31, 2022

It's an extraordinary moment to be a delivery person. DHL, FedEx, and Hermes are just a few significant players in the delivery industry, including hundreds of smaller companies and independent contractors.

Whether you're an individual looking to supplement your income by driving for a delivery service or an established Insurance courier company in need of additional drivers to accommodate a rush in new business, now is a great moment to get into the market.

Deliveries must be insured.

Obtaining the best insurance coverage for your company can be challenging, and we understand that. You want to avoid overpaying for coverage you don't need or going without the protection you're required to have by law. We've compiled this handy guide to courier insurance to help you navigate the murky waters of coverage.

Insurance for courier vehicles

Obtaining insurance for the delivery vehicle is the first step. With courier van insurance, you can use your truck for courier work, such as picking up and delivering packages and messages and newspapers and periodicals. It recognizes that you spend more time on the road than the average driver, putting you at a higher risk of an accident due to your occupation as a courier.

There are three different types of coverage for courier vans:

Limited to external parties only. It protects you financially if you cause damage to someone else's property, whether it be another car or a person. It does not safeguard the vehicle you drive.

Theft, fire, and other third parties. Coverage for your car in the event of theft or fire is included in addition to the standard third-party liability protection.

Comprehensive. Coverage for your car in the event of damage is included in addition to the benefits mentioned above.

Insurance for shipped goods

If you're making deliveries as a courier, you must protect yourself and the people on the road by purchasing appropriate insurance.

If you transfer valuable items, you should insure them against loss, damage, and theft with "goods in transit cover." Typically, a maximum of £50,000 is payable for each load, per claim, under standard policies.

Insurance against claims made by the general public

Couriers are constantly interacting with members of the general public. Mishaps are possible. It is possible to be held financially responsible for harm to another person or their property.

Accidents involving members of the public are covered by public liability insurance. In the case of a successful claim against you, your insurer will cover the costs of your legal defence and any compensation awarded to the claimant.

Where can I find out how much courier insurance will set me back?

The price of insurance for a courier van can be affected by many variables.

How long they've been driving, how many accidents they've had, and how many tickets they've gotten all play a role in determining how much you'll pay for car insurance.

Is there a history of accidents or tickets for this driver?

The vehicle's make, model, and age play a role in the insurance premium.

Choice of coverage types: third-party, third-party fire and theft, or comprehensive. The peace of mind justifies the added cost of comprehensive insurance it provides for you, your car, and other drivers on the road.

A lower premium can be gained by agreeing to pay a higher "excess" on the insurance policy for the car.

How may I cut back on the high premiums for courier protection?

There are some easy things you may do to lower your insurance premiums perhaps:

Keep your driving record clean to keep your insurance rates low, and don't file any claims or get any tickets.

Find a reliable van that has a reliable alarm and immobilizer.

Make sure your car and the things it is transporting are adequately covered by insurance, and choose an excess you are comfortable paying.

Telematics should be set up. Practical driving and accident reporting are two areas where this can be useful. Insurers find it appealing since it cuts down on the frequency and severity of accidents and the time it takes to settle claims.

Instead of insuring each van, it may be more cost-effective to insure the entire courier fleet.

If you need courier insurance, ChoiceQuote can help you get the most affordable policy from our many carriers. You can save time and money by not having to contact multiple insurance companies for rates.

Couriers who work for companies vs those who work for themselves

Self-employed couriers operate for themselves, delivering packages for businesses and charging a fee for their efforts. Rather than being hired full-time, you will likely have a contract with a company or government agency to make frequent deliveries.

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