Close

Bank Holiday Opening Hours

Motor Trade Road Risks, Courier Insurance, Commercial Vehicle:
Assumptions

Our online quotation will be based on the following assumptions:

  • You are a FULL TIME courier
  • Your business is based and operates solely in the UK
  • All named drivers have a full UK driving licence
  • All named drivers are between 25 and 70 years of age and have been resident in the UK for at least 5 years
  • The vehicle is not used to carry dangerous goods or visit dangerous premises (airside, nuclear installations etc)
  • The vehicle is not Q-plated, imported or Left Hand Drive
  • The vehicle has manufacturers standard security
Assumptions

Our online quotation will be based on the following assumptions:

  • Your business is based and operates solely in the UK
  • All named drivers are full time private or public hire taxi drivers and the vehicle is used predominantly for that purpose
  • All named drivers are between 25 and 69 years of age and have been resident in the UK for at least the last 5 years
  • All named drivers have a valid full UK driving licence and have held a taxi licence for at least 12 months
  • The vehicle is valued less than £40k
  • The vehicle is not Q-plated, imported or Left Hand Drive
  • The vehicle has manufacturer’s standard security
Car Icon
Courier Insurance

Switch your courier insurance to ChoiceQuote today and save money today!

Looking for courier insurance? Simply complete the form below and our Courier Team will call you back to discuss your requirements.

  • Very competitive rates
  • Quick quotations and instant cover
  • Instalments available
  • Good discounts for ex-courier fleet drivers
  •  Cover for courier fleets also available

Guide to Courier Insurance Section 5: How to Reduce the Cost of Courier Insurance?

Everyone loves to save money on insurance. Saving money is even more important when insurance is a business expense, since every penny you save leaves more money for profits or operating budgets, so you can grow your business – which could mean buying a new vehicle or putting extra money into marketing and advertising.

 

With decades of experience working with business owners – from sole traders to those who employ thousands – we know how important it is to keep operating costs trim so that you can invest and profit.

 

So we thought it would be useful if we gave you a few suggestions as to how you can save even more money, whether you are shopping for fleet courier insurance or cheap van courier insurance.

 

For the best courier insurance on the market: Apply for a quote online, request a callback, or give one of our team a call: 0800 440 2180 from 8.30am to 6pm, Monday to Friday.

 

Here are a few ways you can save money on courier insurance:

 

  1. Drive safely

 

 

It might sound obvious but safe driving, within the speed limit, reduces the risk of accidents and therefore makes it easier for a driver or motorcycle rider to stay clear of danger and running the risk of losing the benefit of an accumulated no claims bonus.

 

  1. Drive the right vehicle for you and the work

 

Pick the right vehicle for you, based on your driving experience and comfort levels. Motorcycle riders are doing well at picking up freelance courier work through a variety of established companies and startups, but that doesn’t mean you need to learn to ride a bike if your business will primarily involve picking up bulkier items and delivering to multiple locations.

 

Most freelance – or self-employed – couriers will choose to use their own vehicle, in which case, make sure what you are driving is up for the task, though not too expensive to insure. A fast, powerful vehicle will only push up insurance premiums and will use too much fuel driving around a limited area, stopping and starting whenever you are dropping off parcels.

 

Newer vans are better suited for courier work. They are more fuel efficient and less likely to cost a fortune to insure or top up. It is also easier to find a place to park with a smaller van, which you would if you were driving a larger vehicle on busy urban roads.

 

Always use the right vehicle for the job: It will potentially save you money on insurance, fuel and stress trying to find a place to pull over or park.

 

  1. Install a Telematics System

 

Clients, employers and customers prefer to know where a courier is at all times. It makes tracking parcel delivery easier, plus you can often save money on insurance, thanks to telematics.

 

Telematics is a method by which computerised information is transmitted to a control panel so that that vehicle data can be tracked and analysed. Telematics boxes can send information such as location, how long you have been driving and driving speed. Telematics can also be used by couriers to give their customers updates on their deliveries, which makes it easier for someone to be in when you arrive and you less likely to miss a customer.

 

Tracking has become hugely popular over the last few years, and now most large courier companies such as Hermes and DPD provide the option to track all of their parcels down to the minute they will be delivered and the name of the driver. This is useful for customers when parcels need signatures or if a parcel is late or lost. It can be especially beneficial for fleets when goods are being shipped from abroad since delivery estimates are less reliable, so this allows for frequent updates once the parcel has been dispatched from a local depot.

 

Not all individual couriers will require telematics, but most large courier companies now supply this information to improve customer satisfaction and reduce complaints and enquiries. Therefore, it pays for smaller couriers to offer the same service, and for self-employed and freelance couriers to fit boxes too, since not only can they provide a better service to clients, they can also ensure track vehicles for security purposes, monitor driver behaviour and record footage when linked to video, to speed up the claims process and help to prove liability in accidents.

 

Telematics are purchased separately to insurance, but insurers may favour a company with telematics because this data helps identify fault in the case of an accident, which in turn, makes the courier driver a lower risk.  ChoiceQuote can help with telematics devices – please speak to our friendly team for more information.

 

  1. Only get the cover you need

 

It might sound obvious, but you should always try to avoid taking more cover than necessary. When shopping for insurance online, it is easy to miss exactly what cover you are purchasing – which means that sometimes, you can end up paying twice for the same cover (e.g. when a certain type of cover is already in place on an insurance policy, and you are unaware of this).  

 

We only recommend and give you quotes for the policies that you need to stay safe on the road, protect yourself from accidents when interacting with the public, and safeguard the goods you transport.

 

Larger fleets of vehicles (when there are at least five vehicles) that are all registered and used by the business, need courier fleet insurance. You can save money and admin time getting every vehicle on one policy, instead of separate policies, so we almost always recommend this when you have a fleet.

 

Only having one named driver per vehicle also helps to keep costs down.

 

Section 6:  What additional cover might I need?

Testimonials

Helpful

Ms P Godfrey
5 out of 5
Product: Guide to Courier Insurance Section 5: How to Reduce the Cost of Courier Insurance?

Offered excellent service.

Narpal
5 out of 5
Product: Guide to Courier Insurance Section 5: How to Reduce the Cost of Courier Insurance?

First class, I have in fact given your details to several friends of mine.

Mr Stokes
5 out of 5
Product: Guide to Courier Insurance Section 5: How to Reduce the Cost of Courier Insurance?

Have always been satisfied.

John Hurrell
5 out of 5
Product: Guide to Courier Insurance Section 5: How to Reduce the Cost of Courier Insurance?

Very satisfied with the overall experience

Paul Allen
5 out of 5
Product: Guide to Courier Insurance Section 5: How to Reduce the Cost of Courier Insurance?
Guide to Courier Insurance Section 5: How to Reduce the Cost of Courier Insurance?
is rated
5 / 5 based on 5 reviews
Read all of our reviews