Haulage insurance is a necessary expense that can protect you from a range of different situations that could leave your truck damaged and your livelihood in tatters. However, it doesn’t have to be as expensive as you might think.
Do Your Research
Knowing what you need and what you don’t is essential for getting a good price on your insurance. You should get three or four quotes from different companies to make sure that you get the most competitive one.
If you use price comparison sites, you may find that playing around with your quote may lower your premiums. However, you should never lie on your insurance as it could invalidate your claim if you’re unfortunate enough to have to make one.
Being a good driver will help in the long run. The no claims discounts available from certain insurance companies can vary from 20% to 60%, so you can make significant savings if you’ve proven yourself to be a good driver.
If you’re a company owner and looking to insure a fleet of HGVs, then restricting the number of drivers per policy can make a huge difference to your premiums. This works particularly well if it’s owner-only or named drivers.
Increasing your voluntary excess can mean paying less on your premiums. However, if you’re a private driver, then you should make sure that you have this amount of money before you agree on it, as you may find yourself out of pocket otherwise.
Do Your Bit to Lower the Risk of Crime
Trucks are a popular target with thieves as it is well known that they transport valuable items- indeed it is advertised on the side what is contained within. Theft of a truck has a high cost, not only in money, but the livelihood of drivers and operators and the loss of client faith. While some of these things can be covered by insurance, the loss of faith may be difficult to recover. This is why lowering the risk of crime is very important. The security of your truck should be the upmost thing on your mind. Here are a few things to keep in mind:
- Keeping it locked and parked in a secure parking bay will deter thieves, along with using security devices.
- Make sure the loading of the vehicle is secure, and do not discuss the nature or value of your load with anyone.
- Try to refuel on site as opposed to stopping in unsecure places.
So if you’re looking for haulage insurance, Sky Insurance can find you the best policy for your needs. Find them here http://www.skyinsurance.co.uk/.
© 2013, Allen Smith. All rights reserved.