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Ensuring Safe Delivery: The Best Goods in Transit Insurance for Removals

By Darragh Timlin on November 24th, 2023

For removals companies transporting customers’ belongings from one location to another, having comprehensive goods in transit insurance is essential. This specialised insurance protects removal firms against loss or damage during transportation and storage.

With customers entrusting you to safely handle their valued possessions, investing in quality removals insurance demonstrates your commitment to providing secure transit and builds trust. 

Assessing Transit Risks for Removal Companies

To choose appropriate cover, you first need to analyse the transit exposures your removals firm faces. Consider factors like:

  • Transportation methods – Are you using removal vans, trucks, shipping containers? The vehicles used affect your risks.
  • Geographic range – Local moves or cross-country journeys have different hazards. International shipping adds further complications.
  • Types of items moved – Furniture, electronics, antiques, pianos, etc. all carry different risks if damaged.
  • Storage – If you offer temporary storage, stored goods need protection too.
  • Employees – Their driving skills and care in handling goods impacts risks.
  • Packing – How items are packed and secured affects potential for damage.

Analysing these factors enables creating a tailored goods in transit policy for your removals business.

Key Goods in Transit Insurance Coverage for Removals

Removal firms need policies that address their specialised risks. Look for policies featuring:

Cargo/Goods Insurance

Covers loss or physical damage to customers’ items while in transit or temporary storage. This is the core coverage removals businesses require. Make sure limits are sufficient to cover high-value items like artwork or antiques.

Loading/Unloading Damage

Protects goods during loading and unloading processes. Forklifts, poor lifting techniques, slippery surfaces, etc. can cause accidents.

Third Party Liability

Covers your liability if transported goods damage others’ property or cause bodily injury. For example, if a falling piano crushes a car during unloading.

Ropes/Securing Equipment Damage

Covers damage to straps, blankets, ropes, or lifting gear used to secure loads. These items wear down and may fail, causing cargo to shift or fall.

Vehicle Breakdown Assistance

Provides assistance if your removal truck breaks down, helping speed repairs to avoid shipment delays.

Legal/Regulatory Compliance

Covers costs of complying with regulations, as well as defending legal actions by customers related to cargo damage claims.

Factors That Affect Removals Insurance Premiums

Insurance for removals companies costs 1-5% of annual turnover on average. Exact premiums depend on factors like:

  • Experience of drivers and handlers – less experienced staff increase risks.
  • Safety/security precautions – alarms, GPS tracking and thorough screening procedures help minimise claims.
  • Location and distance – more hazardous regions and longer distances increase likelihood of accidents or delays.
  • High value cargo – insuring expensive art, antiques and pianos costs more.
  • Past claims – frequent past claims raise perceived risk.

Working with an insurer that understands removals can help tailor policies and negotiate optimal pricing for your unique needs.

Handling Claims Smoothly

Should damage or loss occur, you want a removals insurance provider who makes claiming straightforward. Look for fast response times, easy claim lodgement, minimal paperwork, and fair claim settlements.

Selecting an insurer known for efficient claims resolution means less hassle getting customers’ items repaired or replaced.

Why Brisco Business for Removals Insurance?

Protecting customers’ possessions requires goods in transit insurance to handle a removal firm’s risks. Taking time to understand your exposures helps you get a tailored policy at an affordable premium.

Here at Brisco Business, we offer specialist removals insurance designed specifically for moving companies. With tailored policies and experienced staff, we make insuring your transit risks simple and affordable.

Our removals insurance provides:

  • Fast quotation with minimum fuss
  • Policies tailored for removals firms’ unique assets and liabilities
  • Advice from experts who understand the removals industry

To get a quote for removals insurance you can rely on, compare quotes with our team today. We’ll ensure you get coverage specially designed for your moving services company.

Darragh Timlin

With over 25 years’ experience, Darragh is an expert in all things insurance. Starting his career in commercial property underwriting, Darragh has worked for a number of global insurers and is now Managing Director of Brisco Business, part of the wider Henry Seymour Group.

All articles by Darragh Timlin

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