Vehicle collection and delivery

Vehicle collection and delivery insurance is a type of coverage specifically designed for businesses and individuals involved in the collection, transportation and delivery of vehicles from one location to another. Perhaps you’re a contractor who delivers vehicles for a fee, or work for a private client or a dealership – regardless of the work you carry out in this sector, you need to make sure that you have a vehicle collection and delivery insurance policy that covers you and the vehicles you’re transporting as well as liabilities for yourself, employees and members of the public.

Understanding Vehicle Collection and Delivery Insurance

Vehicle collection and delivery insurance is a specialist form of insurance that is designed for businesses involved in the collection, transportation and delivery of vehicles. The insurance usually covers the period when they are being driven, or moved, from one location to another without the need to insure each specific vehicle for an extended period. The ultimate goal is to provide coverage for potential damages or liabilities that might occur during the process of transportation.

Singly driven vehicles can often be covered by trade plate insurance policies, but if several vehicles are being moved at the same time, such as on a recovery truck, the vehicles, as well as the truck itself, need to be covered by insurance for accident and also liability - both for members of the public and employees as well.

The types of vehicles typically covered with this insurance are cars, vans, motorcycles, trucks, and motorhomes, although it can include more specialised vehicles such as auction vehicles and classic or vintage cars. Having the right level of insurance coverage for your collection and delivery business will ensure you don’t lose earnings by any incident, or claim, being brought against your business or events that could mean your company is seriously out of pocket. Vehicle collection and delivery insurance will give you peace of mind.

What Insurance Do Vehicle Collection Agents Need?

While you are in charge of client’s vehicles you will need to know that they are protected against loss or damage and that there won’t be any unexpected, large bills to pay. Whether you use trade plates or a recovery vehicle, you will need the right level of cover. When considering what level of cover you need, you should take into account various necessities as well as possible add-ons depending on the scope of your business and its operations. Some of the things to take into account are:

  • Road risk insurance – Third Party Only (TPO) is a minimum legal requirement, but you may wish to consider Third Party, Fire and Theft (TPFT) or Comprehensive for greater peace of mind that more eventualities are covered.
  • Cover for vehicles and goods in transit – this covers the vehicles that your recovery truck may be moving, adding protection for your customers.
  • Cover for your recovery truck – this covers the truck your business uses to transport your customer’s vehicles and has to be covered to protect your truck as well as the vehicles it is transporting.
  • Employer’s and public liability – this will cover any possible legal action brought against the business for injury, or damage, to any of your employees or members of the public, or private property, that results in legal action. It will cover legal fees and any continuity in business operations.

With other options for insurance, or additional policies, to ensure coverage for all your business’s risks, we are ideally placed to offer you the best advice and the right cover for your needs and budget.

Who Needs Vehicle Collection and Delivery Insurance?

Various businesses and individuals involved in the transportation, collection or delivery of vehicles will be those who typically need this type of insurance. Those who need to consider vehicle collection and delivery insurance include:

  • Vehicle Transporters

    Vehicle transporters who move cars from one location to another.

  • Trade Platers

    Trade platers who transport unregistered vehicles using temporary plates.

  • Vehicle Recovery and Breakdown Services

    Breakdown and recovery services who tow or repair vehicles on site.

If you aren’t sure whether vehicle collection and delivery insurance is for you, or you want to get motor trade insurance of a different type, why not get in touch with a member of our team to discuss your unique requirements and allow our experts to help you find the perfect coverage for your business and budget.

Request A Quick Quote Today

"*" indicates required fields

The Benefits of Vehicle Collection and Delivery Insurance

There are many advantages to having vehicle collection and delivery insurance for your business and some of the primary benefits include:

Comprehensive coverage

This covers a wide range of risks from damages to the vehicles being moved, third-party property damages and personal injury claims.

flexibility

Unlike standard vehicle insurance, which is usually tied to one specific vehicle, collection and delivery insurance can provide cover or multiple vehicles – perfect for companies that handle a high volume of vehicles.

Legal compliance

Any vehicle on the road is legally obligated to have insurance coverage.

Business reputation

Having collection and delivery insurance will bolster your company’s reputation as it signals to customers that the business is responsible and prioritises the safe transportation of vehicles.

Peace of mind

Knowing that potential damages and liabilities are covered removes worries about any issues or large, unexpected financial outlays.

Financial security

With coverage that ensures accidents or damages are covered, having vehicle collection and delivery insurance will mitigate financial repercussions and ensure that businesses don’t have to bear hefty out-of-pocket expenses. A small monthly premium will save you big time in the future should accidents happen.

You May be Interested in..

Related Articles

Image of motorway

5 Questions to Ask About Your Motor Trade Insurance

Finding the right motor trade insurance policy can be challenging due to the wide range ...
shutterstock 2290790179 1

Young Motor Traders’ Insurance Under 25

For young workers under 25 in the motor trade industry come various challenges when securing ...
motor dealer discussing insurance policies with the customer

Understanding How Motor Trade Insurance Works

If you work in the motor trade, you'll likely have been told you need motor ...
Women calculating motor trade insurance cost

How Much Does Motor Trade Insurance Cost?

Motor trade insurance costs will vary widely depending on factors such as the size of ...
cd57c9ba9dff81cf198a352cb065715f 1

Top Tips for Saving Money on Motor Trade Insurance Premiums

Introduction to Motor Trade Insurance Premiums Getting the right motor trade insurance policy is crucial, ...
Tow truck in traffic with silver car loaded

5 Key factors to consider when choosing motor trade insurance coverage

Motor trade insurance is an essential type of insurance for those in the business of ...
corporate employee calling

Navigating Motor Trade Insurance for New Start-Up Businesses in the UK

Looking to Start a New Motor Trade Business? If you're taking the plunge and establishing ...
Car dealer insurance Automobile Vehicles insurance

Setting Up a Home-Based Car Dealership: Your Ultimate Guide to Success in 2024

Introduction to Home-Based Car Dealerships If you're looking to get into the motor trade and ...
Mobile mechanic at work under car bonnet.

All You Need to Know About Part-Time Motor Trade Insurance

In this guide, we're going to run through what part time motor traders' insurance is, ...
shutterstock 1429134893 1 1

Common Mistakes to Avoid with motor trade insurance

Motor Trade Insurance: The Prime Cover Difference This is where Prime Cover steps in, providing ...
Trades 2

Motor Trade Insurance and Private Insurance – What’s the difference?

Understanding Motor Trade Insurance Motor trade insurance is tailored specifically to those working in the ...
shutterstock 673436080 1

The Difference Between a Combined and Road Risk Only Motor Insurance Policy

An Introduction to Combined and Road Risk Only Policies In the UK, motor insurance coverage ...
shutterstock 2325742613

What is a Mobile Mechanic and Why Would They Need Insurance?

A mobile mechanic brings their tools, equipment and expertise directly to the customer's location - ...
4bb6dfa73ec0d67e760a1dba5e3abdb7 1

What Insurance Does Your Car Dealership Need? 

Prime Cover have over 40 years of combined experience ensuring motor trade businesses have the ...
Motor trade insurance

What is Motor Trade Insurance

Exploring Motor Trade Insurance - Simple Guide Motor trade insurance differs from standard car insurance ...

Our Customers Trust Us!

Vehicle Sales Insurance

Vehicle sales insurance refers to insurance products specifically tailored to businesses and companies engaged in the sale of vehicles

Auto Electricians Insurance

Each auto electrician needs to choose the policy that suits their unique business and needs.

Self Employed Workers

Having the right level of coverage will give your new business credibility amongst your customers, partners and employees

New Businesses

A new business is more vulnerable than a more established company and new business insurance will provide a safety net against unforeseen circumstances that can have potentially significant financial consequences.

Valeters Insurance

Car valeting is so much more than soap suds and polish and as people will always want a pristine vehicle to drive – valeting is unlikely to ever go out of business.

Mechanics and Mobile Mechanics

Mechanics who work from a garage or those who work on a mobile basis from a van, need to be covered by protection that ensures you’ll not be stopped from operating as normal.