Some Ways to Save on HGV Insurance

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by: jackauthors
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Date: Wed, 13 Oct 2010 Time: 4:04 AM
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This is the main reason for HGVs (or Heavy Goods Vehicles) requiring their own specific type of insurance. Whatever cargo is being carried by a vehicle, it will need to be covered for all possible eventualities.

With Heavy Good Vehicle insurance, there are two main types of cover. The first is designed for hauliers who are transporting their own goods whilst the other offers protection for companies carrying equipment that is meant for hire. Obviously, any haulage firm will know which of these policies is the most relevant to their type of business. All Heavy Goods Vehicle insurance will have certain basic protection (that is the law), but some insurers can offer you a far better deal than others. This may mean a more comprehensive level of protection to begin with or having the option of ‘add-ons’ for your cover.

In one way HGVs are just like cars as some will be cheaper to insure than others. All vehicles have a value attached to them and this can obviously have a large effect on your annual premium. And if a driver has any points on his/her licence, then this will also have a bearing on the cost of your cover. However, there are a few ways of paying less for vehicle insurance, even when it is for a HGV.

More Experience

Most insurance companies will be willing to reward anyone who has made an extra effect to reduce accidents. After all, the fewer collisions that occur, the better it will be for the insurer as well!
Why not consider sending your drivers on an advanced driving course? Once they have undergone training in crash reduction techniques it can make a substantial difference to the cost of your premium.

Go Online

Ninety-nine percent of the time, the internet will be the cheapest place to find your insurance. It is also quicker and easier than ringing around lots of different companies.
The other good points about using the Net to find your insurance are; no pushy sales staff to contend with, plenty of information about each policy and doing it all at a time that is convenient for you!

The More the Merrier

Most hauliers will have more than one HGV to their name and this can work in their favour. By taking out ‘Fleet Cover’ on three or more vehicles you can vastly reduce the cost of your insurance. This is also a great way of reducing unnecessary paperwork and it will mean not having to remember when policies are due for renewal on each of your vehicles!

About the Author

Staveley Head HGV Insurance news and information. Online quotes are available for all of our product range, enabling you to get from quote to covered in a matter of minutes, contact details and information can be found at http://www.staveleyhead.co.uk.