Comprehensive Cover for the Transport and Logistics Industry
Transport and Logistics Insurance provides essential protection for businesses involved in moving and storing goods. Some of the key insurances includes Commercial Motor insurance, Motor Fleet Insurance, Marine Transit insurance to cover goods in transit, and Public Liability insurance to protect against third-party injury or property damage.
Couriers and Trucks keep Australia moving and these policies help manage the unique risks of the industry, from vehicle accidents to cargo loss and liability claims. With downtime coverage possible, this reduces the financial loss to businesses while their vehicles are being repaired through an approved claim. With tailored coverage, transport and logistics businesses can operate confidently, knowing they’re protected against unexpected disruptions.
Case Study:
Commercial Vehicle Insurance
Simon, an owner-operator truck driver, has several delivery contracts,
including a contract with a large Hunter Valley winery to deliver wine orders
to customers across New South Wales.
On one of his regular delivery runs transporting thousands of dollars of
wine, he’s involved in an accident which results in damage to his truck and
a complete loss of the wine on board, with the bottles shattering upon the
impact.
Fortunately, Simon has commercial vehicle insurance which covers the
damage to his truck and provides him with access to another vehicle while
his truck is being repaired so that he can continue to operate his business.
His goods in transit insurance also covers the cost of the wine