Not only do these policies protect the vehicles and cargo itself, but they can also provide additional coverage such as third-party liability protection, meaning any legal costs related to damaged property or injury caused by your vehicle or driver can be covered up to a certain amount. Furthermore, some policies offer damage waiver protection which will reimburse you if your vehicle is damaged due to a mechanical breakdown or other incident beyond your control with this kind of cover in place you will be able to carry out operations more confidently and safely.
It’s not just the physical assets involved in haulage services that require protection either; many policies now include business interruption insurance which can help keep running costs down even when a policyholder has had an enforced stop in operations due to an unexpected event. At LDT, we understand the importance of finding an insurance policy that fits both your budget and your needs. We take the time to customize our premiums so you can get the best possible coverage.
For those businesses who transport large volumes of goods over long distances often on contracts, having adequate haulage insurance is essential for ensuring their ongoing success – both in terms of protecting their most important asset (their vehicles) as well as safeguarding against any unforeseen losses.
