Goods-in-Transit Cover

The Goods-in-Transit policy offers protection against loss, destruction, or damage to goods belonging to the insured, or for which the insured is responsible whilst they are in transit - by any conveyance specified in the policy e.g. Road, Rail, or air. The policy also protects the insured from liability during loading and unloading of the goods, and temporary housing in the course of transit. This policy is essential for businesses whose business model entails the movement of goods, such as manufacturers, distributors, and retailers.

The cover can be arranged to give protection for goods carried either:

  • On specified vehicles or trailers owned by the proposer or
  • On any vehicle or trailer owned by the proposer or
  • Any specified vehicle hired or being used by the proposer or
  • Whilst being transported by any road or rail transporters hired by the proposer

Scope of Cover

During transit, this insurance policy covers the risk of loss or damage that may be occasioned by Fire, Burglary, Overturning, Collision and Hijack.
The policy covers expenses reasonably and necessarily incurred in respect of:

  • Cost of debris removal during removal of property damaged, from the site where damage occurred
  • Transferring property from the vehicle following an accident and reloading to another conveyance.
  • Securing and protecting the property at the site of the accident.

Get a Goods-in-Transit Cover Quote

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