{"id":304,"date":"2021-06-09T19:21:29","date_gmt":"2021-06-09T19:21:29","guid":{"rendered":"http:\/\/allabouthorsepower.com\/?p=304"},"modified":"2022-03-29T19:55:15","modified_gmt":"2022-03-29T19:55:15","slug":"private-hgv-insurance","status":"publish","type":"post","link":"https:\/\/allabouthorsepower.com\/private-hgv-insurance\/","title":{"rendered":"Private HGV Insurance"},"content":{"rendered":"
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Obtaining adequate HGV insurance for your business is essential after all the hard work and money you will have put into growing it. Putting your insurance requirements into the hands of specialists may be the most suitable way of obtaining not only comprehensive cover, but also a competitively priced policy. But what do you need to take into account when considering a policy for your HGV business?<\/p>\n
There are many factors to take into account when considering purchasing a policy. Polices also vary depending on where you take it out. This may include what is covered in the policy. With a specialist insurance provider you may be able to get insurance that typically offers:<\/p>\n
Some of the above may be included in a standard insurance policy for HGV vehicles, others you may have to include in the policy as extras. Breakdown insurance for example is generally not included in the standard policy, but may be added-on.<\/p>\n
HGV insurance<\/a> isn\u2019t just about providing protection for losses associated with your business. Insurance is needed legally for you to drive on the roads. Finding a policy that is suited to your needs is typically easier when you take the advice of a specialist insurance provider. There are different levels of insurance and generally these include:<\/p>\n As the name might suggest comprehensive insurance is a policy that offers the most comprehensive cover out of the choices for insurance for your HGV. According to the experts at\u00a0Simplex Group<\/a>, this type of policy will generally offer complete protection for your HGV. As an HGV lorry is generally very expensive to purchase and replace, with comprehensive insurance you have peace of mind.<\/p>\n Third party insurance is generally cheaper than comprehensive, but then you don\u2019t get the level of protection for your HGV that a comprehensive policy offers. Third party is the minimum amount of insurance you need to drive legally on the road.<\/p>\n It goes without saying that you while you don\u2019t want your HGV truck to breakdown while carrying a load to its destination, it is a possibility. Recovery of your truck is typically expensive and this is where breakdown insurance can give huge peace of mind and security.<\/p>\n You may be carrying expensive loads in your truck. Imagine the loss you would be faced with financially if anything happened to the goods you were transporting. They may be stolen from your truck, spoiled and damaged whilst in transit. Again you could be looking at severe financial loss. With contents insurance you have peace of mind with protection for the contents.<\/p>\n While there is no getting away from the fact that you need insurance for your HGV, there are at least some ways that you may be able to keep down the costs of insurance \u2026<\/p>\n HGV insurance is needed from a legal standpoint, but a policy may also save you a great deal of money in the long run as well as offering peace of mind.<\/p>\n","protected":false},"excerpt":{"rendered":" Obtaining adequate HGV insurance for your business is essential after all the hard work and money you will have put into growing it. Putting your insurance requirements into the hands of specialists may be the most suitable way of… Continue Reading \n
Comprehensive insurance – Total peace of mind<\/strong><\/h2>\n
Third party insurance \u2013 The minimum insurance<\/strong><\/h2>\n
Breakdown insurance \u2013 Don\u2019t get stranded<\/strong><\/h2>\n
Contents insurance – Protection for your goods<\/strong><\/h2>\n
Ways to save on insurance for HGVs<\/strong><\/h2>\n
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