Goods In Transit Insurance

Goods in Transit insurance explained

Goods in Transit insurance covers against items being either stolen, lost or damaged whilst being transported. Companies that regularly send goods and other items by external haulage contractors, couriers or post usually require this type of specialist insurance protection.

Why should you insure goods in transit?

Our Goods in Transit insurance policies will protect your business against potentially huge losses, and can minimise the impact of unexpected events, such as damage caused by road traffic accidents, theft, fire, water damage, and unforeseen delays.

A comprehensive Goods in Transit policy is essential for any business that calls upon third parties to transport its products, materials, tools, components, and other valuable items.

How does Goods in Transit insurance work?

A Goods in Transit insurance policy can pay out if you suffer a financial loss while transporting goods and other items from one location to another. It can cover your business against a variety of unforeseen events, including:

• Theft (for example, when goods are left in a vehicle overnight)
• Fire damage (for example, as a result of a road traffic accident)
• Water damage (for example, due to flooded roads)
• Loss (for example, if goods are mislaid en route)
  Delays (for example, when an unforeseen incident causes goods to be delivered to a third party later than expected)
• Accidents involving hazardous liquids or materials.

A Goods in Transit policy can reduce anxiety for businesses, given that the transportation of goods can carry so much risk and uncertainty.

It could mean the difference between still being able to operate, or having to cease business activities completely should something go wrong.   

From basic policies for self-employed couriers to more comprehensive cover for larger companies, we can tailor your GiT policy to your specific needs.

Is Goods in Transit insurance a legal requirement?

Although it is usually not a legal requirement, you’ll find that many customers will expect you to have sufficient Goods in Transit insurance in place if you are delivering goods to them, or for them.

More specifically, they will expect you to protect them from financial loss while their loads are en route. Choosing not to insure goods in transit means that your business would be liable for any losses incurred.

Why choose Falcon Insurance?

Falcon Insurance provides a wide range of Goods in Transit insurance products, which can be tailored to your specific needs at unbeatable prices.

We offer quality without compromise across a number of sectors, which is why we have hundreds of satisfied customers.

Here at Falcon, we have extensive experience of working with businesses to ensure their insurance needs are truly met – at the right time, and at the right price. We work closely with our clients to provide specialist tailored insurance solutions when off-the-shelf policies aren’t appropriate or sufficient.

Our professional team has the experience and the expertise required to help you build a comprehensive, low-cost policy to suit your specific needs and unique circumstances.

Falcon’s dedicated claims line is available 24 hours a day, 7 days a week, 365 days a year, and is manned by friendly and helpful UK-based call-handlers, providing unrivalled customer service.

We also offer flexible payment options, where clients can choose to pay either in one lump sum or in regular instalments.

Goods in Transit insurance – made easy

When customers choose Falcon, they have the reassurance of knowing that we’ll provide:

• A professional service that is unmatched in the market.
• Unrivalled product knowledge of the very latest policies available.
• The know-how and bargaining power to negotiate extremely competitive rates.
• The option of flexible monthly payments to make insurance even more affordable.
• A 24 hour claims helpline manned by our own UK based consultants who are trained to quickly and efficiently resolve claims.

We are firmly committed to making things as easy as possible for our customers. In order to support this, we can be contacted online, over the phone or in person at our offices.

For complete peace of mind, request a Good In Transit Insurance quote from Falcon Insurance.