Get your lorry covered: what to consider when buying insurance

It might often be considered as one of the necessary evils of operating a heavy good vehicle, but adequate insurance is something not only required by law but a protection that you might find invaluable.


You have made the investment in the lorry and the protection of that investment against loss or damage is likely to be paramount.

On or off the road, the vehicle might also represent a danger resulting in damage to third party’s property or their personal injury. It is for that reason that the law requires you to have at least a bare minimum of insurance cover to meet third party claims.

Insuring the vehicle is similar to insuring any other motor vehicle – you have the option of securing third party, third party fire and theft or comprehensive cover. Given the value of the vehicle and its likely crucial role in the success of your business, you might typically choose comprehensive insurance.

Special considerations

Your HGV, however, is not like any other motor vehicle. The appropriate lorry insurance, therefore, is likely to involve rather more considerations:

Public liability – if a member of the public has his or her property damaged or suffers any kind of personal injury, involving your lorry, it may be alleged that you have been negligent. If the claim is upheld you may be liable for very significant sums in compensation. The appropriate lorry insurance is designed to indemnify you against such claims;

Employer’s liability – if you employ other people, whether as drivers or other support staff, you are likely to have a legal responsibility for ensuring that you hold insurance to cover your responsibilities as an employer. This cover designed to ensure that you are able to meet the potentially very large claims arising from the injury or ill-health of one or more of your employees as a consequence of the work they do. The statutory minimum level of cover, therefore, is set at a minimum of £5 million;

Goods in transit – just as the term suggests, this is designed to protect the goods you are carrying against loss, theft or damage.

As with any element of cover, you might want to ensure that you are neither under- nor over-insured. Given the changing nature and value of the loads you may be carrying, however, it might be difficult to assess the amount you want to insure. Be aware, though, that if you have insurance for £15,000 worth of goods in transit and there is loss or damage to £25,000, you may need to find the difference of £10,000 from your own pocket.

Talk to the experts

It might already be apparent, therefore, that lorry insurance is often not as straight forward as the cover you might arrange for other types of vehicle. There may be a good case, therefore, for consulting independent experts – such as ourselves at Isis Insurance Services – for the help, guidance and advice you may need.

We have the experience of insuring many different types of HGV, so why not let us share at least some of that knowledge and expertise with you?