If you work in the transport and freight industry you need to keep moving forward, whatever obstacles get in the way.
Within this specific industry you could be using commercial vehicles, forklifts or tow trucks – all of which can be covered by specialized policies tailored to each vehicle and mode of transport, including:
- Commercial vehicle insurance
- Haulage insurance
- Goods in transit insurance
- Freight liability insurance
- Marine cargo insurance
- Rail insurance
Specialist insurance solutions and transport and freight insurance can therefore include a variety of policies that can be tailored to your own unique business needs.
There are also some valuable policies that apply to many businesses within a transport and freight insurance package and should be included as standard:
1. Employer’s liability insurance
Whether you are working in a shipping dock or a factory, working with transport or freight it is likely that you are working in a high risk environment. If an employee was injured whilst at work, they would probably look for financial compensation. In fact, even if your job is sat at a desk in an office involved in the logistical planning, employer’s liability cover is important, as many claims come from falls within an office environment.
2. Public liability insurance
If a visitor falls over in your office, factory or shipping yard due to your negligence, your public liability insurance policy will cover for any legal fees and compensation if they claim.
3. Office insurance
Your office is sure to be at the centre of all your logistical operations. Office insurance covers all the furniture, fittings and fixtures in your office against events such as burglary, fire and flooding which could ruin your business – not only with the cost of replacing equipment, but also the cost incurred by a loss of trade while you get back on your feet.
4. Business contents insurance
As part of your transport and freight insurance package, a business contents policy will usually cover losses to:
- Fixtures and fittings
- Goods in transit
- Stocks of raw materials and finished goods