What is vehicle transporter insurance?

Businesses or individuals who deliver or collect vehicles as a business need a motor trade insurance policy to drive or transport the vehicles. Specifically for vehicle transporter motor trade polices, carrying or drive vehicles to transport is included. Additional the business may need to cover liabilities to employees and members of the public. Transporter insurance combines these aspects into one affordable insurance policy meaning you save time, effort and money by getting a quote with us.

Who needs vehicle transporter insurance?

Any business who transports vehicles as their main income or as a service will require vehicle transporter insurance. Some businesses who may require vehicle transporter insurance include:

• Debt collection agents
• New car dealerships
• Lease car delivers
• Scrap yards
• Delivery and collection agents
• Car racers

Vehicle collection insurance policy components

Road Risk Insurance

Road risk insurance is a legal requirement for any motor trade including motor traders without business premises. Having a road risk only insurance policy is the cheapest option. As a result of being the cheapest will provide the lowest level of cover. Comprehensive cover is recommended to provide peace of mind so you can get on with what you do best.

Goods In Transit Insurance

Vehicles in transit insurance is required by law in the UK if transporting vehicles on public roads and may be required if you use a van or lorry to complete this.

Transporter Insurance

Part of vehicle transportation evolves loading and unloading vehicles. This step is the most risky in the transportation process. Because of this being risky we always advice our customers to take this part of the insurance.

Vehicle transporter insurance can insure restricted vehicle and this type of insurance is the cheapest. However by having an any vehicle policy you allow the opportunity to transport any vehicle and not be restricted. Without any policy restrictions may apply to high value vehicles such as sports cars and high end makes, prestige racing vehicles or classic cars. If you know you will only ever transport certain vehicles we can reduce this.

Employee Liability Insurance

Employee liability covers businesses liability in the event an employee who suffers injury, death or illness at or as a result of work.

Public Liability Insurance

Covering the publics property is required to engage in contracts with other businesses and higher recommended for transporting businesses. There is many opportunities where others property may be damaged as a result of carry out work duties. Due to the high risk and potentially high claim, we recommend all businesses have public liability insurance.

For instance, with a public liability insurance policy for vehicle transporters, if you were to damage home when backing a vehicle off the transporter, you would be insured. The insurance company would pay for the damage to the persons property while the goods in transit part of the policy would cover the transported vehicle.