Goods in Transit Insurance : Explained
Goods in transit insurance, sometimes referred to as GIT, covers goods against loss or damage while being moved from one place to another. These goods can be being carried by individuals in their own vehicle, self employed drivers or contractors or by third party carriers. The insurance can cover both domestic and international trips, with specific add-ons available for insurance within Europe.
Goods shipped by sea will be covered under a separate marine insurance policy. However, this will usually include the transit of the cargo over land at either end of the voyage from its pickup to final destination.
Fastquote provides Goods in transit insurance for couriers and removers carrying other people’s goods in their vehicles for reward.
Why Sean chose Fastquote ...
“From my first contact with this company I found them to be very friendly, confident and knowledgeable which is why I’ve moved all my goods in transit and liability policies to them as I find their service outstanding.”
SEAN POWERPower Couriers
GIT Insurance - Cover & Cost Guide
As a self employed driver keeping van costs and other operating expenses down to a minimum is very important. With every penny eating into your profit margin, it makes finding the cheapest goods in transit insurance, a vital aspect for every owner driver.
The customer care team at Fastquote have put together this guide to help you understand the basic terminology and get a better understanding of how Fastquote works.
How much does it cost?
We provide cover starting from £89.25. You can save money by customising your quote to provide the right level of cover that you need so you aren’t paying over the odds for insurance you will likely never use.
Get an instant online quote for your goods in transit insurance today.
What is covered?
Whilst carrying other people’s goods for reward as a courier or remover:
- Theft, loss & damage to those goods while in transit
- Cover levels flexible between £10,000 to £50,000
- Up to £5m of public liability insurance
- Cover of £10m for your liability to employees following injury
How long does it take to set up goods in transit insurance?
With our fast quote you can answer a few simple questions about your needs and be done within 5 minutes.
The confirmation of cover for your insurance will be emailed directly to you or your depot instantly upon completion by which point you will be ready to start work. No waiting for approvals simply find the right policy for you and go.
What level of cover do I need for my company?
If you are a self employed owner-driver delivering on behalf of another network (eg Amazon Flex or similar) it is always best to check the required levels of goods in transit insurance you are required to have before buying a policy. These policies are non-refundable and fees may apply to make changes after the policy starts.
Get an instant online quote for your goods in transit insurance today.