Looking For Affordable Hire And Reward Insurance?

Are you a delivery driver, looking for hire and reward insurance? Do you deliver parcels, food, online or commercial goods? Need a multi-drop, comprehensive, fleet, goods in transit, or just a cheap third-party policy?

Could getting quotes from a panel of insurers help you buy the right policy - at the right price?

Commercial insurance of this kind can be confusing - it is too easy to think that you are insured for the delivery work that you are doing but, as many drivers have found out, most insurers are very specific about what their customers can, or cannot do. A delivery driver insured, for instance, to carry building materials could be driving without insurance if some furniture was dropped off at the same time; a taxi driver could be prosecuted for collecting a takeaway meal for you, without specific insurance to do so! This why it is so important to not only get a policy - but also get the right one, that covers you for the kind of work that you are doing.

Just what is hire and reward insurance?

It is a policy that covers people or businesses that deliver goods that they don't actually own themselves. There are many different varieties; and they go under titles such as delivery driver, courier or haulage insurance, amongst others.

Why do I need this kind of policy?

Insurance is all about risk. A driver who travels to and from the shops, on family duties, on pleasure trips, has a certain statistical chance of being involved in an insurance claim. If, however, that driver then loads the vehicle up with parcels then makes dozens of deliveries during the day that risk jumps up enormously; there could be more haste to get the goods to the customers, pressure to drive even when tired, a (natural) wish to earn as much money as possible by increasing the number of deliveries; often a need to drive at night, through all kinds of weather, in unfamiliar areas.

There is also, unfortunately, a greater risk of drivers suffering from crime; a van full of parcels from an on-line retailer, a car containing many valuable items, or even a scooter loaded with pizzas can be a tempting target for a thief.

All of these add up to a far greater risk of accidents and claims. Insurers recognise this; and they are also aware that some goods are more risky than others, and that some transportation methods (such as single or multi drop; long distance or local; timed delivery or non-urgent) can greatly affect this risk factor. This is why so very few insurers offer insurance for this sort of work; they are just not geared up for it.

Can I get quotes online?

If you drive a van or other commercial vehicles there are a number of insurers that can provide you online quotes (subject of course to you meeting their underwriting criteria) or you still have the option of having dedicated hire and reard quotes from specialist insurers.

Why not try both? You've nothing to lose 😉

What happens if I deliver goods without having this cover?

Then, simply, you would probably be driving without insurance. The penalties for this are heavy; the fine and risk of your vehicle being impounded are bad enough, but there would also be at least six points on your licence, meaning that you could eventually lose it; along with your livelihood. It is easy for police to catch uninsured drivers; there are cameras everywhere, and they can check number plates against a database of insurance policies. The chances of getting away with it are very slim indeed.

What is food delivery insurance?

This is designed for people who collect, and then transport, meals (that are either either hot; or pre-prepared, and ready for cooking) to hungry consumers. Taking pizzas, burgers, curries, takeaways etc to hungry families may seem like a fairly safe occupation but accident rates are high; partly because a lot of these food couriers (as they are often called) do the work in their spare time, on top of a regular job or studies, which means that they can be tired before they even start get started; a great proportion of the working hours are during the evenings or nights, when roads are at their most dangerous; and many of them are young,, and so have little driving (or riding) experience.

What is courier insurance?

Again, this another variety; it is a generally accepted term for people who make multiple drops of (usually) smaller items during a single trip for their depot; examples are those bringing parcel or groceries to our doors.

What about haulage insurance?

Yet another flavour of hire and reward cover; this is for those who, on each trip, carry a cargo from a depot to one single destination each time: the vehicles used are often larger ones, and examples include drivers handling heavy building materials, or those transporting large consignments to stores or supermarkets.

It sounds complex! How do I make sure I get the right cover?

It's easy. Fill in a short form; a clever computer system will put you in touch with insurers who specialise in covering your kind of work and they will do their best to find you the right cover; at a price you can afford; and send you quotations to compare.

Whether you need a cheap, third party, self employed van policy or fully comprehensive multi-drop fleet insurance with hire and reward and goods in transit cover, Get quotes now!