Goods in Transit and Public Liability

[Roasted Chicken]

Hello,
I am looking at getting Goods in Transit and Public Liability.

Removals (inc Man & Van for house moves)
Vehicles: 1
Goods in Transit Cover Level: £10,000
Drive in Europe?: No
Public Liability: 1 Million

For that I mentioned above I have been quoted: £391.07 from fastquote.co.uk
What do you guys think? Is that a good price thanks.

 

[WaveJumper]

Welcome to the UKBF. Personally I would search again the public liability is very low if you want to work for larger companies they will want to know you have at least 10m cover 1m is very low in my opinion.

Might also me worth you searching out @Frank the Insurance guy on hear and getting some advice from him

 

[Frank the Insurance guy]

Hi @Roasted Chicken

That price you have seems reasonable for what you do.

As @WaveJumper says you may want to consider the Public Liability limit - you need consider what is the worst damage you can do and what the cost to repair/replace would be. Think, that somehow you were emptying a house that had a candle burning and it burnt the whole house down - how much would it cost to rebuild and replace. For most homes £1m may be enough, but if you are doing work for some wealthy customers, or corporate clients this may not be enough.

Some Corporate clients may insist you have a certain level of cover before they will engage with your services.

Also be aware that if you get a "mate" to help with any work, you will also need to have Employers' Liability cover.

Good look.

 

[JEREMY HAWKE]

I agree with Frank and wave you need to up the PL level but I would also consider a GIT level of 50 to 70 K
I recommend Coversure as they specialise in this industry