subject: A Quick Guide To Motor Trade Liability Cover [print this page] Breakdown drivers take care of members of the public on a daily basis, they can often be in a pretty distressed condition. As a result, public liability insurance is important to protect your recovery company from any claims which may be brought against it. Even with the most professional of outfits, accidents can happen and if a customer is injured in the process of a vehicle recovery or whilst on your premises, they could bring an expensive claim against you. This could do untold damage to your business, so public liability insurance for the breakdown and recovery trade could potentially be a real lifesaver.
Motor Trade Employers Liability Insurance.
Unless youre flying solo, its highly likely that a breakdown and recovery business will employ some staff. Therefore, it is a legal requirement to have employers liability insurance as part of your breakdown and recovery truck drivers policy. Should one of your employees injure themselves while recovering a broken down vehicle or on your premises, they could bring a claim against you. Employers liability cover will protect you against such claims and help out with legal costs. Its always a good idea to use a provider with a good reputation for breakdown and recovery drivers insurance because they will make sure employers liability is included in your policy and, therefore, that you operating within the law.
Combined Policies Offer Complete Protection.
There are ways of finding out which companies dont have employers liability, so dont take any chances. You can take out a combined insurance policy for your breakdown recovery business. This will cover your companys premises and the recovery trucks and equipments which do the business out in the field.
A combined motor trade policy comes with a range of benefits, including:
Employee and public liability.
Any damage to the building where the business operates from and any contents of those premises, such as machinery, fittings and stock.
Damage to any vehicles involved in the recovery business, whether that happens out on the road or at the business premises
Tools and equipment
Any money which is stolen from the companys premises or while it is being taken to the bank
Business interruption cover. This will help towards the temporary relocation of the company and ensure that it operates as normally as possible while repairs are carried out to the premises.
Personal possessions, whether they be your employees or customers.
Insurance For Breakdown & Recovery Truck Drivers
Rescuing motorists by the roadside after theyve broken down (sometimes emotionally as well as mechanically) is a risky enough business. Very often, adverse weather conditions have contributed to the situations, and even though your recovery truck may be well equipped to cope, it can still be a tricky enough operation. Breakdown and recovery truck driver insurance reflects this high level of risk, with cheap premiums sometimes hard to come by.
However, when you put yourself in the hands of our expert team at MotorTradesInsurance.com, youll find an affordable and relevant breakdown and recovery truck drivers insurance policy isnt so hard to come by. Even though it may be quite a niche market, there is a sizeable number of providers out there who offer cover for breakdown truck drivers.
Breakdown & Recovery Drivers Insurance Policies
A good recovery drivers insurance policy should include basic features such as cover for carriage of vehicles, cover for tools and equipment as well as they companys central premises. You can also protect your staff with employers liability and public liability will also help cover any claims from members of the public. With breakdown drivers insurance, you can also expect multi-drivers coverage for drivers aged 18 to 80.
Drivers of all recovery vehicles will be covered by road risks insurance in a breakdown and recovery truck drivers policy. This is a highly convenient way of having all trucks covered because there is no need to take out cover for each individual vehicle.
Levels of Cover
Much like basic car insurance, road risks cover comes with the standard three levels of cover - third party only, third party fire and theft and fully comprehensive. With third party only road risks insurance, only the vehicle being recovered will be covered, meaning the cost of any damaged to the recovery truck itself will have to be met by the company. Third party fire and theft covers the broken down vehicle as well as the theft or damage by fire of the recovery vehicle. But, to have all bases covered, fully comprehensive road risks insurance will allow you to cover every vehicle involved in the recovery.
Compare Breakdown & Recovery Truck Insurance now at MotorTradesInsurance.com and see just how much they can reduce your yearly policy.
by: Stephen Drummonsy
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