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Courier Insurance

As more and more domestic postal markets around the world are opened up to competition, we have seen a major rise in the number of courier services. This has opened up a new niche for the insurance companies, courier insurance, something which any courier company would ignore at their cost!

As well as the standard insurance of your vehicle, method of delivery, etc, you also need to ensure that the items and equipment which you are delivering are fully covered. Imagine if through on fault of your own you “lost” an expensive piece of equipment or paperwork to close a multi-million dollar deal. How on earth would you cope without some form of insurance cover, indeed who but the smallest of customers would take you on without courier insurance?

As margins in the courier service industry continue to come under pressure, with competition increasing, even a number of small claims could severely hamper your profitability unless you were covered. While the insurance premiums would impact slightly on your cash flow and profitability, is it really worth the risk?

Unless you are fully covered for both your vehicle, employees and the items you are carrying, you are an accident waiting to happen, and one which may put you out of business over night!.

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