Competitive Logistics Insurance
Looking for competitive logistics insurance backed by outstanding levels of customer care? Then call Coversure on 01483 434343 or request a callback and let our award-winning team help you get the protection you need.
Logistics Insurance, Backed By ‘Exceptional’ Service
Looking for logistics insurance? Let us compare our markets to find the transportation insurance that’s right for you. Whether you need freight, cargo, marine cargo, warehouse or supply chain insurance for your business, call us today on 01483 434343 or request a callback and let our award-winning team help you get the protection you need.
Call us today on 0800 977 6037 and let our award-winning team help you.
Call us today on 0800 966 6037 and let our award-winning team help you.
Why choose Coversure for your Logistics Liability Insurance?
Our award-winning team is rated as ‘Exceptional’ by Feefo, and with over 50 years of experience in providing insurance for logistics companies, you can rest assured you’re in safe hands. As an independent broker, we’re not tied to any one insurer, and we’ll compare the market to find you great cover for a price. To find out more, call us free on 01482 434343 or get a quote today.
Logistics Insurance backed by ‘Exceptional’ service
Our award-winning team is rated as ‘Exceptional’ by Feefo, and with over 50 years of transport insurance experience, you can rest assured you’re in safe hands. Being independent, we can put your needs first, and we’ll compare the market to find you great cover for a great value premium.
What is Logistics Insurance?
Logistics insurance protects firms involved in the transport, storage, and handling of goods from financial losses due to risks like damage, theft, or accidents. A flexible policy it can cover a wide range of perils, including loss or damage of cargo, warehouses, goods in transit, public liability risks, cybersecurity, business interruption, and theft, to name but a few. Supply chain insurance is a flexible policy, and at Coversure, we can tailor protection to your business’s needs.
What does Logistics Insurance cover?
Insurance for logistics companies through Coversure can be tailored to your needs. In its most basic form, it will give you the cargo, warehouse, and public liability insurance that logistics firms need. Most businesses take out a mix of covers to fit their needs. The most common ones are shown opposite.
Public liability insurance – so if you are responsible for causing injury or damaging the property of a member of the public and they sue you, you’ll be glad you have public liability insurance in place. It will help with the costs of mounting a defence and paying any compensation
Employers’ liability insurance – or EL insurance, protects employers from compensation claims from their employees should they be sued for loss or injury at work. If you have people working for your logistics business, be they full-time, part-time, or contracted or sub-contracted, then having employers’ liability insurance cover is a legal requirement. Failure to have a policy in place can lead to a £2,500 fine for each day you are without it.
Cargo insurance – covers you if the cargo you’re carrying is lost, damaged or stolen. The Road Haulage Association (RHA) has reported that freight crime losses have exceeded £1 billion since 2020
Cyber insurance – a growing menace for logistics businesses, it can cover the cost of system repair, data recovery, and reputational damage
Expediting expense cover – covering costs to complete repairs to get the business back in business ASAP, including overtime and express transport costs
Commercial property insurance – including cover for warehouses, yards, loading bays, and offices
Directors’ and officers’ insurance (D&O insurance) – covers senior people financially should they be sued owing to their business’s activities
Business interruption cover – provides you with an income while your logistics business is out of action, providing much-needed peace of mind in a time of stress
Storage and hazardous goods insurance – protects stored cargo from loss, accidental damage, or theft and can even cover hazardous goods
Call us today on 0800 977 6037 and let our award-winning team help you
Who needs Transport and Logistics Insurance?
Any business operating in the logistics and transport industries can benefit from having logistics insurance in place. Specific trades and groups include:
Storage and logistics businesses
From hauliers and freight forwarders to end-to-end logistics companies
Haulage Contractors
Ones doing UK and international routes, including those that offer storage facilities
Removals Businesses
Ones that operate in the UK and which offer overseas relocation services
Multi-centre Businesses
Ones that need to transport goods and other cargo from one part of the business to another
Freight Forwarders
Including those who are involved in groupage or those transporting a single customer’s goods
Businesses that do deliveries
If your business delivers to your customers, then you need to have insurance in place
Owner operators
Solo contractors or truck owners who offer transport and delivery services for money
How much does
Logistics Insurance cost?
At Coversure, we don’t believe in one-size-fits-all solutions for our clients. Instead, we’ll get to know your needs and create a package of cover that fits your requirements. What we can say is that your logistics insurance quote will depend on things such as…
The routes you are working
The value of the goods you’re carrying and what type they are. High value goods may push up your premiums
The value of your vehicles, commercial property, and other assets
The length of runs you’re doing. Longer routes will increase the chances of an incident and a claim
Your claims history
The size of your business
The type and size of clients you work for – transporting goods for small firms on domestic runs will be seen as less risky than storing and transporting multi-million-pound commercial projects for a multi-national corporation
Whether you want to pay annually or monthly, annually will usually be cheaper
Where is your goods and trucks are stored at night when on runs
The duration of the work – the longer the project, the greater the chance of a claim
The levels of security in your hub and on your vehicles
How to get cheaper Logistics Insurance
There are several easy ways to potentially get cheaper transport insurance quotes, including:
Shop around – like any other insurance policy, it can pay to shop around. Better still get an independent plant insurance broker such as us to do the shopping around for you
Use an independent broker – transport insurance quotes can involve multiple complex risks with policies containing exemptions and limits that may not be obvious to the layman. By getting some advice from an independent broker that specialises in this type of cover such as Coversure, you can be sure of getting the protection you need
Renew early – get in touch with your broker a couple of months ahead of renewal to give them time to compare their markets to find you great cover for a great price
Pay annually – while it’s convenient to pay monthly it will cost you more
Undertake a risk assessment with your broker – a documented risk assessment can help bring your quotes down
How much does Logistics Insurance cost?
At Coversure, we don’t believe in one-size-fits-all solutions for our clients. Instead, we’ll get to know your business’s needs and create a package of cover that fits your requirements. What we can say is that your fleet insurance quote will depend on things such as…
The number of vehicles you have
The value of your vehicles, property, plant, and goods
The size of the contracts you are working on
The type of cargo you’re moving – high value or dangerous goods will push up premiums
The routes you are working
The age of your drivers
Your level of no claims bonus
Whether you want to pay monthly or annually – annually will usually prove cheaper
If you have any employees, and if so, how many
Committed to finding you the protection you need
If you’d like some independent advice or an insurance quote, please call us on 01482 434343
Committed to finding you the protection you need
If you’d like some independent advice or an insurance quote, please call us on 01482 434343.
Insurance specialists for business, property and motor
Local service – online, by phone, or in person
Help and advice to ensure you’re protected
Frequently Asked Questions
We get asked a lot of questions about transport insurance, so to make getting the cover you need easier, here are our logistics insurance frequently asked questions and answers. We’ve covered the most important issues here, but if you’d like some independent advice, then please call us on 01482 434343 or request a callback. Our team of specialists will be happy to talk you through the options to ensure you get the protection that’s right for you.
Logistics insurance protects firms involved in the transport, storage, and handling of goods from financial losses due to risks like damage, theft, or accidents.
No, but anyone or any firm working in the transport industry can benefit from having it in place. This includes haulage firms, logistics firms, removals businesses, and warehouses, to name but a few
It’s suitable for all transport firms that are moving large amounts of other people’s goods for money to one or two destinations, such as logistics, removals, certain types of delivery companies and driver-operators
Yes, and if you have 2 or more vehicles, you include fleet insurance on your policy and can cover everything on one policy.
Yes, so long as it is locked and parked in a secure place. This is part of the care and custody element of the policy
Because it’s tailored to the industry’s needs and offers a wide range of covers, everything from public liability, warehouse, and cargo cover on a single policy
All-risk covers most unforeseen events except listed exclusions, whereas named perils only covers specific risks, like fire or theft
Logistics insurance offers a much greater range of covers. Goods in transit only covers cargo, whereas a logistics policy can cover commercial property, vehicles, contractual issues, and expediting expenses
It can be tailored to your business’s needs, but typically it covers vehicles, public liability, cargo, and your business’s buildings, such as warehouses and yards
Yes, though there may be some countries that will be excluded, e.g. North Korea, Sudan, Iran, and Afghanistan
Almost all types, though there may be exclusions around hazardous goods, explosives or other restricted cargoes. That said, we can find specialist providers who will even cover these
Yes, many policies extend cover to goods in storage as part of the supply chain
Incoterms define which party (buyer or seller) is responsible for insurance during shipment. Your coverage should align with what’s been agreed with the Incoterm
Getting a quote from us is easy. You can call us on 01482 434343, request a callback, or get a quote here. Our team of specialists will be happy to talk you through the options to ensure you get the protection that’s right for you.