Goods In Transit Insurance safeguards your business against the financial risks of loss, damage, or theft while transporting goods. Whether you are moving items using your own vehicles or subcontracting the transport, ensuring adequate coverage is crucial. Without the right protection, you could face costly claims and reputational damage.
With the right policy in place, both you and your clients will have peace of mind knowing that their valuable goods are covered throughout the journey.
Goods In Transit Insurance provides cover for your contractual liability while goods are being transported by your business or a subcontractor you have appointed. This policy protects your organisation from financial losses due to damage, theft, or loss of goods while they are in transit.
While not legally required, Goods In Transit Insurance is often a contractual necessity for transport and logistics businesses. Without it, you could be liable for costly damages when goods are in your care. If you transport goods internationally, additional regulations may also apply. Our experienced brokers can help ensure that you have the right coverage for your business operations.
Your policy offers protection against:
Goods In Transit Insurance is only active while the goods are in your possession or that of a subcontractor with ‘back-to-back’ cover. Some common exclusions include:
The cost of Goods In Transit Insurance depends on several factors:
To receive a tailored quote, contact our experienced brokers today. We’ll assess your needs and provide a policy that ensures your goods—and your business—are well protected.
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