Goods in Transit Insurance Policy

Good in Transit Insurance policy documents and discussions can be confusing, especially if you are quite new to the haulage game.

And if you are unsure of exactly what you are buying as with any type of insurance it is always worth asking for a breakdown of exactly what is being covered. When it comes to your Goods in Transit policy the things to demand are covered are loss of goods during transit, theft of those goods, damage of goods caused by an accident or by simply transporting them and perhaps loss of earnings caused by transit delays out of your control.

What you will find is that if goods in transit are damaged they will be replaced by the insurance company new for old, in the same way they are for items damaged and replaced through a personal insurance policy.

A specialistt broker such as Isis Insurance will ensure you get the right level of cover for your business needs. For example, some goods in transit insurance policies may cover food spoilage for frozen goods, or transit within the EU, but if you sell dishwashers in the UK then you’d be paying for cover you don’t need. Remember to always check with your broker to see which features are optional and which are included as standard.

For expert advice on goods in transit insurance contanct Isis Insurance now on 01625 539 656

This entry was posted on Thursday, October 15th, 2009 at 3:52 pm and is filed under Goods in Transit. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.