Protect your customers goods
This is separate to customer vehicle insurance, this actually relates to the specific contents of your customers vehicle that is in your custody or control.
Some insurers now include customer’s goods insurance but with only a minimal amount of cover included, £500 or £1,000 as standard in sum cases, the amount of customers goods insurance you have depends entirely on you, you can extend it.
How much cover do I actually need?
The amount of customers goods insurance really depends on the types of customers you will have, if your customers own just private family saloon cars then you may accept that the minimal standard cover provided by your insurer for your customers goods within your motor trade insurance is actually adequate?
If on the other hand your business is involved in breakdown recovery for instance then you have no idea as to what you may have in your possession, Commercial Vehicles are a typical example of where you could have higher value customer’s goods because of the nature of the goods they carry.
Smaller commercial vehicles such as van’s for instance, how practical is it for your customers to completely unload their van before delivering it to you? Chances are that this isn’t going to happen, they won’t unload it for you.
So what is the option
Well this is actually an interesting point, the chances of your customer unloading their vehicle for you are going to be minimal, you could put a nice sign up in your reception making the customer aware that you won’t be covering their goods, you might make them sign a disclaimer, however be aware that even if this is the case and they agree it, those tools or stock in the van may be insured elsewhere, and if they are you will almost be able to guarantee that the insurer is going to pursue you should something happen with those tools or goods are concerned, whether successful or not.
What if you have little choice?
Put “booked in vehicles” to one side for a moment and consider a local breakdown maybe where you are the nearest garage, you can’t get the parts until next day so the vehicle stands loaded in your premises overnight?
Typical examples are Service Engineers, Plumbers, Electricians, these could all have high values of goods or equipment.
So when it comes to customers goods insurance think wider, much wider than the coat left in the boot of a car for instance, consider the types of vehicles, their trades and sizes involved.
Looking for Customers Goods Insurance?
Let us look at your requirements for this type of cover, being specialist brokers to the sector we have instant access to all the motor trade insurance markets, we provide fast and competitive quotes tailored to your needs.
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