Are you looking for cheap hire and reward insurance? Unsure about which policy you need? A whole panel of specialist insurers are available to help you look for the best one, at an affordable price.
What is hire and reward insurance?
Hire and reward insurance comes in many flavours which is why it is important to buy the right policy. It is designed to cover people who are paid to deliver goods of all kinds, from small items to heavy haulage, but not all policies are equal.
These policies are a legal necessity for delivery staff including, for example, haulage drivers, furniture removal companies, food delivery couriers, and people making making any kinds of deliveries of other people's goods.
There are many forms of hire and reward insurance, which is why it is vital that you get the right cover.
What is courier insurance?
This is still hire and reward insurance, but it is designed for those who make multiple deliveries to many different addresses. For a typical example think of the food delivery drivers carrying takeout meals, Amazon delivery drivers, or spare parts distributors. Rather than make a single delivery a day to a location that they may be quite familiar with, they may make lots of them to addresses they have never been to before.
Why are there so many different types of Hire and Reward Insurance?
These policies are often created for specific business uses. A policy covering transport of stone chippings from a quarry to a building site is different from one for a driver working for a company like Currys delivering TV sets, which is different from a small removals company taking furnishings to a new home. From an insurer's point of view they all face different risks so what type of goods can be carried, and where to, when, and by whom is usually strictly specified. This is why many taxi drivers would refuse to pick up a curry from the takeaway for you; it is likely that it would breach the conditions of their insurance.
It is the same with courier insurance. An Amazon delivery driver may have multiple deliveries to make but these are made largely during daylight hours, and if a delivery is late it may upset the customer but it wouldn't normally be a disaster. A hot food delivery driver, however, is often under pressure to make deliveries quickly before food spoils, and this pressure can lead to more accidents. This is why a takeaway delivery driver working for a ompany like Just Eat or Deliveroo can often pay more for insurance than one delivering groceries, all other things being equal.
How do I make sure I get the right policy?
Having a hire and reward policy doesn't always mean that you are automatically covered for delivering any kind of goods. It is vital that you buy the right insurance policy that covers you for the type of work you are doing. Luckily, though, you can have access to a whole panel of insurers who are highly experienced in getting quotes to compare for delivery drivers carrying all kinds of different goods. They will look for the right policy for you and make sure that you are properly insured.
So, why not get quotes now!
