Insurance goods in transit cover

Posted in General Discussion.Skip To Latest

Package Express

207
Original Poster

Hello people

I'm just wondering whats the general amount people have for goods in transit insurance.

! had a quote for £15,000 and im not sure if this is enough or too much or do i need more.

Whats the general amount people normally need for goods in transit?

Doo Moves

242

Guess it depends on what size van you have and what you expect to carry, i currently have £10,000 but this is easy to up if required.

Package Express

207
Original Poster

Hiya Doo Moves,

Thanks for your reply, im probably looking at a lwb van of some kind. as for what your carrying that's it i wouldn't know as it would probably change from company to company.

I used to work for an aviation company and i have asked if they would consider me if i started my own courier business and they said yes they would. Now these parts are well over £100,000 as they are military and commercial airline parts. some can be cheap though. i don't want to get a quote for that amount if it isn't going to be a regular thing and i might not get a job with them straight away.

RAPID LIGHT TRANSPORT LTD.

2848

If the company you wish to work for have told you SOME of their goods need insuring for x amount, then it is surely a no brainer that you cover yourself for that amount ?    or else walk away  !     

Doo Moves

242

Hi, It is a tricky one, also down to what you can afford, when i had a LWB transit i Had 25,000 git on it but never really had a load that would require that, know i have a Nissan Primastar so i have 10,000 with the option to upgrade if required, which i have once so far when carrying a picture with a 60k price tag on it, but when i quoted to move this the extra insurance cover was included in the price.

I Personally think you should chat with your Insurance Company and explain the situation and see what they suggest.
I cant see the point in having that level of cover until / if you get some work with them, and if it become a regular contract then be sure to price the extra Insurance into the quote otherwise it wont be worth doing.

Mark


Package Express

207
Original Poster

thanks for your replies,

Doo moves what do you think of the nissan primastar vans, i am still in the process of looking for a good van. I am still undecided what to go for.

Doo Moves

242

So far i think its a great van, but all depends on what your going to move, mines the lwb one so i got a load length of 2.8m which so far has been fine for what im doing, :)


And with the fact they are the same van as the vauxhaul and Renault i beileve parts are easy to come by as and when Required, the only difference as far as im away is that with the Nissan you get reverse sensors lol 

Enjoy this discussion? Check out these related topics: 4.2m sprinter vs Transit Jumbo, Haulage or courier insurance, goods in transit insurance, Courier Insurance or Hire and Reward, Goods in transit not required, What insurance, Transit weight, Insurance for under 25, Goods in transit insurance, 3.5 tons on a LWB Transit.

Reply To Topic

We invite anyone involved in the courier industry to share their knowledge to other on the mtvan courier forum. If you're a member then sign in to post, if you're an owner driver or courier company then please sign up for free.

For more information on what you can discuss on our courier forum please see our courier forum guidelines.