Goods in Transit Insurance for Couriers

What is Goods in Transit Insurance?

Also referred to as Freight liability, our policy will protect against claims made against you for damage to goods being transported by you. Your Novas Policy also extends to provide contingent cover for damage to goods being transported by a sub-contractor appointed by you.

  1. Stolen items
  2. Lost items
  3. Damaged Items
  4. Accidental damage

We DO NOT, under this policy, cover the actual vehicle you drive BUT only the goods being carried within the vehicle.

With cover automatically provided to £50,000 (irrespective of weight) for most of the major courier networks, obtaining that contract should be a smoother process. Unlike many insurers, we automatically provide cover for theft of attractive goods and you or your driver’s personal effects. Hand held scanners and European cover are also automatically covered.

Why do I need Goods in Transit insurance?

When you transport goods under a contract of hire and reward the responsibility for the care of those goods falls upon you as the carrier. Without proof of Goods in Transit cover you will not be able to carry for any of the major networks and should you carry without such cover the financial implications can be crippling to any business.

I deliver goods in Europe will I be covered?

Yes. Our Novas policy provides automatic cover under the CMR convention at 8.33 SDR per kilo subject to a financial limit of £500,000 an one loss. Unlike much of the competition your Novas policy also provides cover for Cabotage. Should you be asked to collect and deliver within the borders of a EU member state other than the British Isles (Cabotage) we will provide cover up to £50,000 for any one loss.