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Courier Insurance

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In the UK, courier insurance, also known as hire and reward insurance, is a specialized type of insurance designed for drivers who deliver goods or materials for payment. It’s a legal requirement for those delivering goods, whether for companies or as self-employed couriers. This insurance covers your vehicle, your liability, and potentially the goods you’re transporting. 
 
Key aspects of courier insurance in the UK:
  • Legal Requirement:
    If you’re delivering goods for payment, you need hire and reward insurance. 
     
  • Vehicle Protection:
    It covers your vehicle against damage, theft, or fire, especially important for those using a van for deliveries. 
     
  • Liability Coverage:
    It protects you from financial loss if you cause damage or injury to third parties while making deliveries. 
     
  • Goods in Transit:
    While some courier policies cover the goods you’re transporting, you might also need goods in transit insurance  for more extensive journeys or high-value items. 
     
  • Flexibility:
    You can find hourly, daily, or monthly policies, allowing you to pay for coverage only when you’re delivering. 
     
  • International Coverage:
    If you’re delivering internationally, you’ll need CMR Insurance (International Carriage of Goods by Road). 
     
  • Different from Standard Car Insurance:
    Courier insurance is tailored to the specific risks involved in delivering goods, including liability for damage and the goods being transported