Three or more taxis? Try fleet insurance

If your taxi company consists of more than one vehicle – and we think that’s quite a lot of you – you’re probably wondering how to keep your insurance costs down. After all, you can buy your groceries at a wholesaler with a discount, so why not buy your insurance the same way?

Just like domestic car insurance, the 1988 Road Traffic Act stipulates that every vehicle on the road needs insurance which is classed as “adequate and appropriate”. Taxi owners have the added proviso of needing to make sure their insurance covers both driver and passenger in the event of injury, and third party property. Cover must be specifically for a vehicle on a hire and reward basis.

You may be aware of fleet insurance, typically used by businesses which have multiple vehicles being driven by multiple drivers. Fleet insurance means any of their drivers could drive any of their vehicles at any time. The same principles apply to taxi fleet insurance. If you’ve got a minimum of five taxis in your company (although some insurers will go as low as three vehicles), you can be classified as a fleet. Taxi fleet insurance is quite flexible with the type of vehicles it can cover. Typically, it’s intended for vehicles with a maximum of ten seats, although if your fleet is large, some insurers will consider up to seventeen seats.

If you’re interested in saving money and time, taxi fleet insurance might just be the perfect product for you. Give RiscX a call, and let’s talk about your requirements for taxi fleet insurance.

1201, 2017

Difference between HGV or LGV Licences

Difference between HGV or LGV Licences

If you are looking to gain either a HGV licence or LGV licence, you main have found yourself coming across many other industry terms also used to refer to the same thing.

Many new drivers starting out in the industry often struggle to work out what licence they need to carry out their desired workload.

What is the difference between licences

The term ‘LGV’ refers to 2 types of vehicle.

– ‘Light Goods Vehicle’ which would indicate a commercial vehicle much in the way of a large van or small tipper that weighs no more than 3.5 tonnes.
– ‘Large Goods Vehicles’ which is the official European term for a vehicle which is over 3.5 tonne in weight.

Commercial vehicles over 3.5 tonnes have their own licence category and therefore is essential that the driver has the relevant licence in order to drive that type of vehicle.

Examples of ‘large goods vehicles’ include fridge trucks, drop sides, flatbeds, curtain sliders, tippers, buttons, ADR, HiAb and Moffet.

HGV & LGV Licence Categories

C1 Licence

This licence enables a driver the use of a 7.5 tonne large goods vehicle or class 3 with a gross weight that’s no more than 7500kg with a trailer no more than a maximum authorised mass of 750kg. This licence is obtainable from the age of 18.

C1 Vehicles Include

Horseboxes, home removal trucks, ambulances and refrigerated grocery trucks.

C1+E Licence

This enables a driver the use of a 7.5 tonne + trailer where the trailer may be over 750kg providing that the authorised mass is not more than the unladen weight of the vehicle being driven

A combined trailer and vehicle authorised weight must not exceed 12,000 kg. This licence or category is an upgrade to C1.

C1+E Lorries Include

Roadside recovery trucks, farm delivery vehicles and livestock vehicles.

C Lorry Licence

This licence is also referred to as a Class 2 Licence or Rigid Licence. This enables the driver to drive any HGV’s with a trailer at maximum authorised mass of up to 750kg. A Class 2 Licence is obtainable from 18 years old.

C Licence Vehicles Include

Home & Commercial removal trucks, waste disposal trucks, gritter lorries, larger roadside recovery trucks and fire engines.

C+E Lorry Licence

This is a Class 1 Lorry Licence and allows the holder to drive any HGV where authorised load on both trailer or vehicle may exceed 750kgs. This is an upgrade to the C Licence.

This category can only be obtained when a driver successfully passes their C Category. The licence is split into 2 formulations where you can train on either a full artic lorry ‘waggon & drag’ (rigid vehicle with trailer).

It is essential you are fully qualified and remain up to date with regards to your lorry licence. Regulations are prone to change and it is recommended that you keep track of any changes.

If you own a HGV and have your operators licence, then you can Compare HGV Insurance with us.

hgv licence explained

2710, 2016

UK Mail Group Purchased by Deutsche Post – Expect an increase in quality!

UK Mail Group Purchased by Deutsche Post – Expect an increase in quality!

UK Mail have just been bought out by Deutsche Post in a deal that saw the exchange of £243 million. This should come at the delight of Uk customers as the DHL brand are known for their excellent quality in the delivery industry.

Indeed, ParceHero’s Head of Consumer Research, David Jinks states: ‘It’s no secret that UK Mail had some serious issues last year when it spent £20m on a new automated hub near Coventry; but hit some serious problems in sorting certain sizes of packages. Its profits fell 28% and customers were very unhappy. While it had largely sorted its issues by Christmas, UK Mail’s shares fell by 18% over the last year. Clearly the take-over has been welcomed by shareholders; its shares are up 43% this morning.’

The new management will provide a presence of Deutche Post in the UK’s domestic parcels market which is ever growing due to the wonders of the internet and ever expanding e-commerce marketplace.

UK Mail currently has more than 50 depots and 2,400 vehicles ready to deliver. This can be expected to grow with the influence of Deutsche Post’s management and will also go hand-in-hand with Deutsche’s DHL Express parcel service, which is already an extremely popular option for those looking to ship parcels to Europe and further abroad.

To understand the scope of the purchase, we must realise that the combination of both the UK Mail and DHL Express’ UK services make the parcel company the second largest in the UK, falling only to the Royal Mail. Parcelhero’s David Jinks comments: ‘This could lead to an investigation into the deal by the regulatory authorities. We don’t see the deal as leading to any kind of monopoly, however: so it is to be hoped this won’t lead to too many delays and entanglements.’

David continues to add: ‘Deutsche Post has been developing its parcels operations across Europe recently…It bought shares in Relais Colis SAS of France in January and has acquired or set up parcel operations in 16 European countries. Obviously this purchase indicates the company is not over-concerned about the impact of Brexit on the UK parcels market; and, if the worst were to happen and tariffs are imposed on UK-EU shipments, gives it a stronger foot in the UK domestic market, which could grow as more items are sourced and mailed from within Britain, rather than facing import tariffs.’

2710, 2016

Why 3G Vehicle Cams Are So Essential – Lower Your Premium!

Why 3G Vehicle Cams Are So Essential – Lower Your Premium!

Dashcam sales are on the rise, and for good reason too! Indeed, 3G vehicle cameras are reportedly saving people up to 50 per cent.

3G Vehicle cameras were a talking point of this year’s Claims Technology Seminar, which is a joing event hosted by  Sopp+Sopp, Collision Management Systems and Intelligent Telematics. The event is held for those in the insurance and fleet sectors, and aims to provide insight into the usage of vehicle cameras in order to proactively make claim management more hassle-free and accurate.

Sam Footer, Head of international Business and Strategic Development at intelligent Telematics reports: “Fleet operators have faced increasing insurance costs in recent years, with the growing culture of fake and dishonest claims, such as cash for crash and exaggerated whiplash injuries, continuing to drive costs up despite less crashes happening”

“This is forcing many fleets to look at new ways to control claim costs by considering camera technology and making their claims process more proactive, so our events will offer useful guidance to fleet and insurance professionals.”

Vehicle Cameras pose a vast array of benefits. Firstly, they provide faster claim handling due to the fact that he incident is recorded, meaning that you don’t have to be in the grey area waiting to see if your premium has risen for months on end. Secondly, Sopp suggests that vehicle cameras can help protect brand protection by defending claims that aren’t the fault of the driver of the business vehicle.

Furthermore, vehicle cameras help to deter organised fraud and theft, meaning that ultimately, as well as potentially lowering the cost of your premium and claims, they are also an effective threat deterrent.

So how to the 3G Vehicle cameras work? Well, the camera will transmit footage of an accident or incident via a secure network in high definition. This video can then be remotely viewed within minutes of the incident online through a personalised web portal. SMS and Email alerts are also generated within seconds of an incident occurring, which means all the information is being provided in real-time. This helps with response times to stolen vehicles, or means that accident and emergency services can be called out to an incident faster, potentially saving lives.

Aron Sopp, head of Call Centre Operations at Sopp+Sopp said: “Rapid liability assessment and third-party intervention are essential when reducing claims costs, so being alerted and having access to immediate video footage of an incident along with supporting telematics data is essential.”

Is it time to start investing into a 3G vehicle cam? The benefits are clear and could help reduce claim time, increase the ease of the claim process, help protect your vehicle, and business from theft, and ultimately save you money in the long-run!

2710, 2016

Amazon Dash – Taking It Too Far?

Amazon Dash – Taking It Too Far?

The Amazon dash has finally hit the UK after launching in the US last year. Amazon Dash brings a physical presence to Amazon, having an actual button that you place in your own home enabling you to press it to order necessity items and have them delivered rapidly.

Currently, the Amazon Dash is available for 40 different brands and each button is connected to the individuals Amazon account. It also has built in Wi-Fi, meaning that it only takes a push to purchase and have your item sent your way within minutes.

The buttons each cost £4.99 but, in line with the American launch, Amazon is offering a £4.99 discount on the first purchase made with each button – effectively removing the initial cost of the button. WIRED asked the company whether there are any financial incentives offered to the brands who have signed-up but Amazon refused to comment on its business workings.

The button is only currently available for those who are using Amazon’s Prime service, which costs £79 a year.

To compliment the launch of Dash, Amazon are also unveiling their Dash Replenishment Service. This is a platform which is cloud-based and will track supplies of Internet of Things devices and automatically re-order supplies when they are low.

This all seems super fancy and pretty hi-tech, but the question is; do we really need it?

I understand that advancements in technology are vital to the progression of society and that we should always explore pathways that may potentially lead to an easier life, but when has it been too hard to pop to the shops to grab some loo-roll, or to buy 2 packs of Ariel instead of one?

As well as this, we have to be aware of the potential complications associated with Dash. As we know, kids love to push buttons. So what happens when your toddler orders 100 packages of toilet paper to your front door? Or the dog decides that the Amazon button looks rather delicious?

The point is, if Amazon are prepared to fund a service that requires intensive management of not only their courier services, but also their products, then they need to have standardised procedure on returns, refunds or mistake orders.

Here are the full list of brands available to Amazon Dash as of the time of this articles publication:

Air Wick, Andrex, Ariel, Aveeno, Biona, Brabantia, BSN, Catsan, Cesar, Depend, Derwent, Dettol, Dreamies, DryNites, Durex, Fairy, Fairy Non-Bio, Fiesta, Finish, GBC, Gillette, Huggies, Johnson’s Baby, Kleenex, Lenor, Listerine, NERF, NESCAFÉ Dolce Gusto, Neutrogena, Nicorette, Nobo, Olay, Optimum Nutrition, Pedigree, Philips Sonicare, PLAY-DOH, Rexel, Right Guard, Rimmel, Rodial, Sheba
simplehuman, The Breath Co., Vanish, Whiskas, Wilkinson and Wunderbrow.

2710, 2016

The Facebook Marketplace – Is The Courier Industry About To Get a Whole Lot Busier?

The Facebook Marketplace – Is The Courier Industry About To Get a Whole Lot Busier?

So what is Facebook Marketplace? Quite simply, it’s a new feature coming soon to Facebook allowing users to buy and sell items in a similar fashion to Ebay.

The idea started as a simple concept; people would create groups for localised areas, where those that resided in the area would be free to post items they wished to sell. However the buying of the product, the delivery and transactions were all manually dealt with between the seller and their customer.

This, on the whole, will not change. Facebook are simply making the marketplace side of Facebook more official, by designating sections of its website to retail. Indeed, ParcelHero’s Head of Consumer Research, David Jinks MILT, says: ‘Using Marketplace is as easy as using any other element of Facebook; buyers and sellers can work out the details of a sale in any way they choose. Facebook does not facilitate the payment or delivery of items in Marketplace, it’s up to users to sort out the details. What will give Marketplace such an advantage over sites such as Gumtree is the sheer number of existing users who feel entirely confident in the Facebook environment.’

And David is correct in this sense; in the UK alone there are 30 million registered Facebook accounts, and with the social media platform so well-known and so readily available, the potential for Facebook to take over the industry is astounding.

Even without the Marketplace officially launching, more than 450 million users visit buy and sell groups on Facebook every month. It appears as though Marketplace will allow an official platform for trading, and could boost not only localised e-commerce, but also the courier industry as well.

David continues to mention how the Marketplace may transform not only personal sales, but also professional sellers: ‘Initially Marketplace will just be a ‘classifieds’ type space for ordinary people finding new homes for items; but professional sellers would be foolhardy to ignore access to this huge audience for their products. Whether it’s by the front door or the back door professional traders running eBay and Amazon shops will be looking to sell on the site.’

With users having to handle the shipment and delivery of items themselves, we could be seeing a large growth in personal couriers, especially with the emergence of Uber RUSH, which lets anyone become a courier.

Looking to become a courier? Don’t forget you can find a cheap courier insurance with Riscx Insurance Compare.

2710, 2016

Uncertainty for haulers using the Calais route

Uncertainty for haulers using the Calais route

Due to the recent surge in migrant activity on the route from Calais to Dover, the danger associated with the journey has increased and thus, there are reports that insurance for drivers taking this route has also increased. However the consequences of the migrant crisis in Calais is still not completely clear.

Recently, activities on the route have become more treacherous for drivers. Indeed, smugglers have begun using trees as road blocks during the night to force haulage vehicles to stop, whilst migrants are loaded onto the Lorries.

Hauliers are demanding that more be done to protect them and lower the risk of the journey, in response, the construction of a large wall around the port of Calais has commenced, but it is unknown what effect this will have in actuality.

The latest reports of acts of violence commencing against truck drivers could indeed lead to an increase of employer’s liability. Victoria Wright, Weightmans associate stated that “Hauliers must consider employers’ liability claims against them if they fail to protect employees from a known risk.” She goes on to say that the Calais migrant crisis has even forced hauliers to avoid the area altogether, choosing instead to take alternate, longer routes to ensure the drivers safety. Though, these new alternate routes usually result in  “increased cost”.

 

The threat of violence
The reports of violence against truck drivers could raise employers’ liability issues, says Weightmans associate Victoria Wright, commenting: “Hauliers must consider employers’ liability claims against them if they fail to protect employees from a known risk.” She reports that some hauliers have been avoiding the Calais area by using alternative routes, “usually at increased cost”.

However, Graeme Blackie, northern regional manager for marine at Cunningham Lindsey, says there is an issue with drivers’ hours. “The driver knows he can turn up at Calais and keep going. If he has to go to Rotterdam, he sits there for hours and his boss has to pay him even though he is not driving.”

Whilst some hauliers have reported an increase in insurance premiums due to the change of routes, insurance should remain the same as you’re usual price. Indeed, policies typically provide cover for a carrier for movement among various territories via a specified transport type in accordance to statute law. To simplify this, insurance is not typically denoted to a specific route, but instead the journey from one territory to another in a given vehicle, with implications usually depending on what the vehicle is used for, how safe the vehicle is and the price of goods it is carrying.

 

 

Paule Mayoh, RSA marine risk management surveyor expands on this, and notes how changing cargo routes should not increase the price of your insurance premium:

“It is not usually ‘route specific’, so the carrier can go via whatever route they wish… A similar methodology applies for cargo insurance. It would have no impact on premiums should hauliers or cargo interests choose to use Dieppe or Zeebrugge, or any other crossing to the UK instead of Calais-Coquelles.”

2710, 2016

Self-Driving Haulage Trucks

Self-Driving Haulage Trucks

Uber has swept the nation since 2011 when the company’s international expansion phase began. Since then we have seen the Uber driver cause numerous problems for the traditional taxi driver, especially in the capital city of London, where the telegraph reported that a one mile journey in an Uber can be “almost one and a half times cheaper than taking a black cab”.

Now, we see Uber progressing onto Tesla territory, which may see it threaten the haulage industry.

Indeed, Uber is currently funding millions of pounds into the development of self-driving trucks in order to not only establish a presence in the long-haul freight transportation industry, but to dominate it.

Uber recently purchased a company called Otto, who worked on developing and manufacturing technology to retrofit existing trucks with new technology that will allow them to become completely autonomous.

This means not only can we envisage a future with self-driving taxis, but also one where long-haul freight transportation is also managed without the need of human drivers.

Currently, the trucking industry is worth approx. $7 billion, this opens up the potential for extreme expansion for Uber if they can successfully develop the self-driving truck.

Otto co-founder Lior Ron told Reuters that the company was  in the process of establishing connections with independent truckers, and plans increase its current fleet of vehicles two-fold, totalling 15.

Uber even has a number of prototype test trucks already built and working. The trucks can successfully operate autonomously on large highways, but currently have two backup drivers in the truck in case of a technological failure of some kind. Indeed, although large strides have been made, Uber state that the project still has a while to go before it is fully operational, but remains hopefully that the testing phase will be complete within a few years.

Uber are not only looking to save costs by reducing the need for human drivers, but also but innovating navigation software to enable more consistent and accurate tracking, meaning that longer journeys will be quicker and more efficient, and in turn, cheaper. .

So, the future is uncertain not only for haulage drivers, but also for the industries brokers. As the company expands, it hopes to replace brokers with technology that can communicate directly with a manufacturer and the buyer, meaning that the middlemen who currently connect fleets with shippers may no longer be required.

And so we end with this quote from Lior Ron, who explores the huge potential in the haulage market for a faster, more efficient and cheaper service:

“In Uber, you press a button and an Uber shows up after three minutes…In freight… the golden standard is that it takes [the broker] five hours of phone calls to find your truck. That’s how efficient the industry is today.”

Need cheap HGV Insurance? Try Riscx Insurance Comparison.

2710, 2016

New Van Registrations Soar – The Highest in 15 Years!

New Van Registrations Soar – The Highest in 15 Years!

A 1.9% increase in the registration of new vans in September spells the largest increase of its kind in 15 years. SMMT (the Society of Motor Manufacturers and Traders) reported that 59,857 units were registered last month alone.

Pick-up trucks lead the rampant increase with yet another increase of registrations, seeing its eighth consecutive month increase in registrations. Overall 2016 has been a fantastic year for the prominence of pick-up trucks, and with Septembers figures included, it has been reported that the pick-up market has seen a 16.4% increase in new registrations.

Following in second place is the heavier van. Indeed, registrations for vehicles weighing between 2 and 2.5 tonnes increased by 11.2% this month, and those weighing between 2.5 and 3.5 tonnes increased 5.2%.

In total, light commercial vehicle registrations have surpassed the previous record for registrations in September at 290,000. This was reported in 2007.

So, it is safe to assume that the statistics indicate the market is heading upwards, which is a great sign for UK traders, more vehicle registrations mean that more people are looking to expand their professions, adding more vehicles to their fleet. It could also mean that the market is experiencing a surge in people starting a new profession.

When asked about the increase of heavy vehicle registrations in September, Mike Hawes, the executive at SMMT stated; “The month of September did not disappoint, as businesses took advantage of the new 66-plate and a range of attractive and flexible finance options.”

“To maintain this high level of demand and drive fleet renewal, positive business conditions must be assured despite the long-term political and economic uncertainty.”

3009, 2016

Driving Whilst Using a Phone – 6 Points and a £200 Fine

2017 is looking to crank the severity of punishments dished out to those that are caught using a mobile phone in the car without any sort of hands free equipment.

Texting, making a call without a hands free kit, checking Facebook and Twitter; these things could net you 6 points on your licence and a hefty £200 fine when the new laws come into regulation in 2017.

The punishment for using a mobile phone is even more severe to new drivers, who will have their licence completely revoked if caught using a mobile phone, meaning that they will have to apply for, and take their driving test again.

The severity of the punishment will literally double in 2017. As it stands now, the penalty for being caught on a mobile phone consists of adding 3 points to your licence and having to pay a £100 fine.

It seems as though the changes were introduced after the RAC’s Report on Motoring for the year 2016 showed the staggering amount of people endangering their own, and others lives by using mobile phones when driving. Indeed, the report showed that within the last 12 months alone, approximately eleven million drivers have admitted to using a mobile phone whilst driving. Furthermore, five million motorists admitted to using the phones camera function to take videos, or pictures whilst at the wheel.

The punishments issued are steep, and intent to halt the growing relaxed attitude to using mobile phones when driving. Indeed, a survey last year found that 20% of people admitted to being happy to check social media whilst stuck in traffic, or at a traffic light (an increase by 6% in relation to 2014).

Perhaps most staggering is the increase of people who find it acceptable to use a mobile phone in general whilst in the car. The report indicates that 14% of people found it totally acceptable to use a phone whilst driving, this is a 100% increase of people who find mobile phone use behind a wheel acceptable in relation to the same study launched in 2014.

Statistics reveal that the predominant age of drivers that commit mobile phone offenses are those aged 17-24. A study the road safety charity Brake stated that within Britain alone, one in four 18-24 year olds crash within two years of passing their driving test, and that 17-24 year olds make up only 1.5% of UK licence holders, yet are involved in 9% of fatal crashes.

Perhaps the only way to increase awareness for the potential threat that using mobile phones can pose whilst behind the wheel is to propose severe punishments like those being introduced in 2017, as it seems that previous efforts have not done enough to stem the ever-growing attitude that it is okay to use your mobile whilst driving.

2908, 2016

Choosing the best vehicles for your fleet

Securing a deal on a fleet of vehicles for your business is a big step, a sign of things moving forward. Having a new, smart looking armada gives your firm a fresh new image, gets your name out there with crisp decals, keeps employees happy, and streamlines maintenance issues. But you need to choose the right vehicles to meet your every need. Here is a quick guide to the various considerations you need to have in mind when picking vehicles for your fleet.

Cost

It goes without saying that cost is an over-riding factor. What initial outlay is required? What will be the monthly cost of the fleet, including any prospected maintenance and cleaning? What about fuel economy?

Style

Do you need a fleet of identical vans, or a mixed bag? If you will be driving in cold conditions, is there a sealed cab option for fast heating? Do you need access from all sides, or will a simple back opening vehicle suffice? There are many considerations here.

Load

What is your maximum projected load? Can the van handle this easily? And does it have the power to efficiently transport this load over the terrain you expect to drive on?

Passengers

Do you expect to carry passengers, or work crews? Will two seats do, or will you need a van with three, or more?

Features

This is where your van really comes into its own. Are there any extra features that are vital to your business? Such as…

– Built in satnav
– Specialist roof-rack
– Pipe and conduit tubes
– Side racks
– Ventilation
– Extra power-points

And is there the scope for internal adaptation?

Manoeuvrability

Does your work have access and manoeuvrability issues? Are there height restrictions? Will you need tight turning circles for small spaces and narrow streets? This is where a comprehensive test drive is essential.

Gearing

Many vans now have an overdrive gear, but some don’t. If you will be doing a lot of motorway driving, a low geared van will be far less fuel efficient, prone to excess wear and tear, and could be a noisy and uncomfortable drive.

Now you need a comprehensive and customised fleet insurance to protect your assets. Contact us today and we’ll seek out the best deal for you.

2008, 2016

Digital insurance and self-drive on collision course for fleet insurers

Digital insurance and self-drive on collision course for fleet insurers

Fleet managers are facing a rapidly changing business environment, with new trends in the back offices of their insurers, and on the road with self-driving cars and automated delivery vehicles threatening a gradual reshaping of the market. Other insurers such as property and casualty, and life insurance businesses, are modernising their systems and their insurance rates based on big data, digital marketplaces, rapid reaction to the competition and monitoring mobile through apps, or even social media, to ensure that customers are in compliance.

With what were standard trends in fleet insurance making their way into the private market, we are now seeing private insurance trends moving into the fleet market. Finding the right or best low-cost fleet insurance will become more difficult as the vendors price match each other, or push customers to adapt new telematics methods for monitoring mileage, driving behaviour, locations travelled to and other metrics.

Increasingly, smaller “fleets” for all sizes of companies will need to be upgraded to fleet insurance to find the most reasonable rates for the business, but drivers will have to be rigorously trained on the new limitations and businesses might even have to reconsider their destinations as insurance no-go areas, based around high crime areas, increased risks and costs.

Another challenge for the fleet manager is the imminent arrival of self-driving vehicles and automatic delivery systems. While these are still in the trial phases, and much legal and logistical hurdles remain, the move to automation, and likely dramatic changes in fleet insurance conditions are about to hit the road.

While most developed countries will face these challenges in their own way (https://backchannel.com/self-driving-cars-will-improve-our-cities-if-they-dont-ruin-them-2dc920345618#.83j6tmvkc) with positives and negatives in terms of environment, potential accident reduction, greater fuel efficiency and so on, fleet managers must prepare to understand a new generation of telematics rules and regulations, determining the technology skills and support that will be needed along with possible new data systems to handle the amount of information that insurers will be seeking to base their future quotes on.

Insurers may offer favourable rates to those keeping up with these trends, as the industry learns together, but whatever your fleet or its purpose, things are about to change.

2008, 2016

What to look out for when insuring your classic lorry

What to look out for when insuring your classic lorry

Your classic lorry is your pride and joy, whether you take it to classic vehicle rallies at the weekend, use it for work or usually tinker with it in your garden. So you need to ensure that it’s covered should the worst happen and it gets in an accident or breaks down. This is where classic HGV insurance comes in. Here are some tips to bear in mind when you’re searching for the perfect policy.

Choose a specialised provider

Classic vehicles vary widely, so you need an expert to make sure you get the best insurance for yours. An insurer who provides specialist classic vehicle cover will understand what makes your lorry special and how age, the specific model and other factors will influence the insurance you need. They’ll be able to tailor-make a plan that accounts for all the small details and doesn’t penalise you simply for owning an older vehicle.

Get a range of quotes

Make sure you get a range of quotes from different insurers so that you can compare premiums and coverage. This way you’ll be able to find the policy that suits your needs and budget best. If you only go to a couple of insurers, you risk paying more than you need to. Ideally, use an insurance broker to compare quotes as they will be able to source the best prices and plans from the leading specialist classic vehicle insurers. This will save you a lot of time and money in the long run.

Multi-vehicle insurance

If you own more than one classic vehicle – even if one of them is a HGV but the others aren’t – it pays to get multi-vehicle insurance. A bulk policy is frequently cheaper than insuring your vehicles separately.

Insurance through Riscx Compare

At Riscx Compare, we make finding the best classic HGV insurance for your vehicle easy. We work with a leading, award-winning classic HGV insurance broker, so we can find you a policy that meets your needs, while saving you up to 60%! Flexible payment plans are available and filling out one form will get you quotes from a wide selection of providers. Enquire today.

2008, 2016

What driving instructor insurance do you need if teaching pupils from the age of 14?

What driving instructor insurance do you need if teaching pupils from the age of 14?

It’s fair to say that many teens can’t wait to learn how to drive. In fact, many dream of being on the open road long before they are actually eligible to take their driving test. If you’re a driving instructor, it’s actually possible to teach pupils as young as 14 how to drive. Lessons can take place – and be fully insured – if certain criteria are met beforehand. Here’s what you need to know about teaching pupils from the age of 14 and above.

You can be covered in your driving instructor policy

Typical driving instructor insurance will cover you on any car, as long as you are teaching a licensed driver. However, some policies can stretch to include those who are just 14 and currently ineligible to apply for a provisional driving licence. Right now, an individual isn’t able to apply for a provisional driving licence until three months before their 17th birthday.

Why teach pupils who are only 14?

A learner can’t take their practical driving test until they are at least 17 years old and have passed their driving theory test. However, this won’t stop them from chomping at the bit when it comes to getting behind the wheel. The lessons aren’t necessarily to get a pupil to test standard, and instead are more about giving them some experience in a car. Some parents might even organise a lesson or two as a bit of fun for a birthday.

You must provide evidence to validate the insurance policy

Pupils who are under the age of 17 can only handle a car off-road. There are specific tracks designated for such lessons all over the country. The insurance policy is only valid when using such land as it does not form part of the Road Traffic Act 1988. More often than not, the tracks will also include a designated area, where parents and friends can watch the lesson.

Get insured

You’ll want to check if 14+ off-road driving lessons are covered in your current driving instructor insurance policy. If not, it’s worth shopping around and seeing if you can get it included. The lessons can actually be rather relaxed and an enjoyable experience for everyone involved.

1508, 2016

Are you in favour of fleet insurance?

Are you in favour of fleet insurance?

If you own and operate more than two vans or vehicles as part of your business, you could save money on your insurance policies and improve the flexibility of your work practices by purchasing fleet insurance.

Businesses often acquire vehicles over a long period of time, insuring each vehicle separately as it’s added to the fleet. This means that someone has to keep a check on each individual policy renewal when it falls due. So save valuable employee time by putting all your vehicles on one single policy, with just one annual renewal.

You should also save money on the actual cost of the policy. Fleet insurance works on exactly the same principle as any other bulk purchase scheme – the more you buy, the better the discount. A fleet of ten vehicles is effectively ten policies for your insurance company, administered in one process. It saves time and therefore money.

Fleet insurance also gives you much more flexibility in the way you use your vehicles. Often where insurance has developed piecemeal as the business has grown, each vehicle is insured for a named driver. With a fleet policy, you can have the option to insure all your vehicles for any of your drivers, giving you more options for their use.

As with any insurance, you get what you pay for, so know exactly what you need. You might just want the most basic cover, which is third party, fire and theft. Any liability is covered for road use and you would be compensated for vehicle loss, but would have to meet the cost of your own accident repairs caused by one of your drivers.

You might decide that inclusive breakdown cover is necessary if your drivers are covering considerable distances or you need to keep your fleet on the move. But you might decide to turn down the option of legal protection, if you have this well covered elsewhere in your business insurance.

As with any insurance, collect a range of quotes and compare what comes included in the policy and what you might remove to save money. Whatever your final choice, opting for fleet insurance is a decision you won’t regret as you see insurance costs reduced and flexible work practices increased.

908, 2016

A route to sourcing convicted insurance

A route to sourcing convicted insurance

Getting insurance if you have any kind of criminal conviction can be difficult and expensive. Some insurers will refuse even people with minor convictions unrelated to their driving, but the good news is that there are specialist insurers out there who can help with affordable convicted insurance if you are turned away by a conventional provider.

When you are asking for quotes, you must always declare any conviction – failure to do so is, in itself, an offence. The nature of your conviction could be important, as some insurers will offer you cover if your crime was not driving related. You don’t need to provide information if you have a spent conviction, so make sure you know if your sentence falls into this category. It will be considered spent somewhere between five and ten years, depending on the nature of your sentence. If your sentence exceeded 30 months’ imprisonment, it is never spent.

Insurers work on risk, so refusal may be based on the assessment that any criminal conviction puts you at increased risk of committing a driving offence, or having an accident and making a claim. Other insurers may only consider you a risk if the conviction is driving related. If you are refused cover, there are still options, in the form of specialist convicted insurance companies.

If you have to use a specialist insurer, the same rules of shopping around still apply. Get several quotes and consider increasing your excess, as this can cut the cost of the policy. If your annual mileage is low, this should lower the price of cover, and black box insurance could also help you. Known as telematics, this is a black box in your car which records details of how you drive and logs your mileage. Drivers with such a black box can expect a policy which accurately reflects their driving behaviour, rather than relying on statistical risk assessment. Also decide whether you really need legal cover, windscreen replacement or a courtesy car – removing these will lower your costs – and always pay upfront if at all possible.

So if you are looking for convicted insurance, it is out there. With a little patience and persistence, there’s no reason you shouldn’t be able to drive a vehicle.

108, 2016

Would You Trust A Self Driving Car?

Would You Trust A Self Driving Car?

With all this excitement and innovation in the field of autonomous vehicles, there is still an atmospheric tension that people can’t seem to shake. Especially when one considers that in order to drive you have to be trained by an expert to have a keen eye, firm control and superb road awareness, and even then there were a reported 140,086 personal-injury road traffic accidents in 2015.

So why trust a car that can drive its self? Many have argued that the pinpoint precision, lightning fast computers and 360 degree sensory receptors will be able to handle a larger multitude of situations better than humans ever could, but reports of a fatal accident in the new Telsa Model S in self-drive mode last week proved that this may not be the case.

It must be pointed out however, that Tesla have pointed out the fact that the autopilot was not to be used on its own, and required two hands to be at the wheel at all time since it was in its “public beta phase”.

A public beta phase means that the autopilot software was released and distributed to be tested by a large range of people, this testing would be more extensive than Tesla would be able to do in their own point of manufacture, and would also allow for feedback from a large audience.

However, when people think of beta products they usually do not associate them with such tragic consequences, which questions whether this was a freak accident, or whether Tesla had released the beta product too soon.

Indeed. Steve Wozniak, Apple co-founder also commented on this. He was reported to say that “Beta products shouldn’t have such life-and-death consequences”.

There is currently an ongoing investigation into the issue to judge whether the cause of the issue was human error or a computer malfunction. Tesla said this on the matter; “Until the investigation into the tragic incident concludes, we won’t know whether it was caused by a software glitch or human error – particularly with reports suggesting the driver may have been watching a Harry Potter DVD. All we know is that “neither autopilot nor the driver” noticed the white side of the tractor trailer against the brightly lit sky “so the brake was not applied”.

108, 2016

Demand for telematics equipment increasing as people realise cost benefits

Demand for telematics equipment increasing as people realise cost benefits

If you are responsible for vehicle fleet insurance, chances are that you are aware of the benefits of telematics. Telematics equipment can be installed into the vehicles of drivers to monitor various aspects of their driving, such as speed, any sudden movements, braking and many other factors that comprise safe driving. Driving habits of each individual driver are then recorded and analysed, feeding data back to insurance companies, and helping firms to keep track of how safely their staff are driving. Safe driving can then be promoted – and can lead to big discounts on vehicle insurance and HGV insurance.

Sales of telematics boxes are rising as many people realise their many safety and financial benefits. One of the UK’s largest telematics companies, Quartix, this month reported exceptional growth in revenue due to tracking equipment sales of 47 percent, bringing its total revenue to £11.6 million.

Quantix has now installed its devices in more than 79,000 vehicles – a seven percent increase from last year. Sales in the UK were up 24 percent from last year, whilst the company’s customer base rose by five percent. And it isn’t just the United Kingdom that is seeing a drastic increase in the installation of telematics boxes: telematics equipment is experiencing global growth. In France, for example, Quantix’s revenue also raised by a substantial 26 percent. America is next on the agenda for Quantix. Chief executive of the group, Andy Walters, said the market is ripe for expansion after seeing its vehicle subscription base more than double in the country in the space of a year.

These impressive growth figures from Quantix represent a real shift in the way insurance premiums are decided: making sure those that present a lower risk to insurance companies are charged appropriately, rather than each driver receiving a premium that is calculated on aspects such as gender, age and postcode.

If you haven’t yet thought about installing telematics into your fleet, now is the time. “Black box” style telematics devices can literally save businesses and individuals thousands; they ensure that you and your drivers are rewarded for safe driving, with far lower insurance premiums.

108, 2016

What insurance should couriers have?

What insurance should couriers have?

As of 2016, it’s estimated that 80% of Britons shop online, and the digital shopping industry is now said to be worth in excess of £52 billion per annum. Of course, this means that there are now an increasing number of couriers on the roads in order to fulfil deliveries up and down the country. It may come as a surprise to learn that some couriers are still in the dark as to what they need in order to be sufficiently covered by a motor trade insurance policy.

Courier insurance – what it covers, and why it is essential for your business

Courier insurance will generally cover three different individual facets. Firstly, standard vehicle insurance is required. This covers everything from repairs in the event of an accident to breakdown cover and replacement vehicle cover to ensure all of those parcels are delivered on time. Depending on the particular policy, vehicle insurance may even cover windscreen/glass damage.

Light haulage insurance vs HGV insurance – what to know

The majority of couriers make a set number of deliveries every day. This is essentially light haulage, and there are dedicated policies to cover this. Light haulage insurance is similar to HGV insurance, with the primary difference between the two being that HGV insurance generally covers hauliers travelling long distances to deliver a single load (or a small number of loads), whereas a courier will have several drop-off points around a locality each day. It’s important to understand which policy best suits your business as it could affect the validity of any claim you have to make.

Insurance for goods in transit

As a courier, it is essential to have Goods in Transit Insurance to cover the contents of your vehicle. As anyone who’s ordered online before can attest to, sometimes fragile products (such as glassware or crockery) can become damaged during delivery, and it’s therefore a good idea to have a policy which covers this. Although it’s not strictly essential, it can prevent headaches when customers complain about a damaged product, particularly when the supplier of the product refuses to accept responsibility.

1207, 2016

How To Lower Your Courier Insurance Premium

We know that as Couriers the backbone of your business is your mobility. In order to deliver and carry goods you need to be insured and know that you have all your avenues covered in case of a worst case scenario incident. It would be much better to know that whatever the case, your insurer is able to cover you, and you’re not left having to front the cost out on your own.

Still, equally as nice is knowing that you have the cheapest possible premium and that you are saving precious pennies rather than needlessly splashing cash on your policy.

Still, this does not mean that you should cut corners on your policy. It is essential that you understand courier insurance, that way you know what cover is most suitable for you, and what cover you may not need.

There are typically three types of insurance policy that couriers will need before being able to take to the road.

The first type of insurance you will need to look into is vehicle insurance. This will vary dependant on what vehicle you are planning on using. For a car or a Van, standard vehicle cover will typically be relevant and suitable.

Also, it is important to note that when looking into your cover, you may want to take into account the extra features, such as glass cover, protected no claims bonus and variable excess. These may make your premium increase, but are handy to have as they can save the day if something goes wrong.

As a courier, you will need Goods in Transit insurance (GIT). This is an insurance that will cover the good/s that you are carrying and transporting in your vehicle for a third party. This type of insurance will cover you for any damaged or lost goods.

It is important to note however that Goods in Transit insurance does not always cover every type of goods. Typically, insurers will be hesitant, or unable to insure hazardous goods or livestock because of the increased risk that these pose. In that scenario it may be wise to search for specialist insurers that will cover such areas.

Finally, let’s talk about public liability insurance. This type of cover is required due to the nature of being a courier. Being a courier will see you being in contact with the public, thus you must be covered from all the risks that may be involved with public dealings such as injury to the public due to a falling package or loose goods causing potential harm.

Whatever the insurance you need, it is essential that you are well informed and shop about to make sure you get the right cover at the right prices. Do not accept the first quotation you are given, instead make sure you check with other brokers to see if they can be competitive with your premium.

Here at Riscx compare we do all the hard work for you, we collect your details and filter through are vast network of brokers to source the best possible insurance quotations for your courier service. We make sure that you have access to competitive prices without cutting corners on policy details.

Find cheap courier insurance with Riscx Insurance.

2710, 2016

The Facebook Marketplace – Is The Courier Industry About To Get a Whole Lot Busier?

By | October 27th, 2016|Categories: Courier Insurance|0 Comments

The Facebook Marketplace - Is The Courier Industry About To Get a Whole Lot Busier? So what is Facebook Marketplace? Quite simply, it’s a new feature coming soon to Facebook allowing users to buy and [...]

2710, 2016

New Van Registrations Soar – The Highest in 15 Years!

By | October 27th, 2016|Categories: Courier Insurance|0 Comments

New Van Registrations Soar – The Highest in 15 Years! A 1.9% increase in the registration of new vans in September spells the largest increase of its kind in 15 years. SMMT (the Society of [...]

108, 2016

Would You Trust A Self Driving Car?

By | August 1st, 2016|Categories: Convicted Insurance, Courier Insurance, Driving Instructor Insurance, Fleet Insurance, HGV Insurance, Motor Trade Insurance, Taxi Insurance|0 Comments

Would You Trust A Self Driving Car? With all this excitement and innovation in the field of autonomous vehicles, there is still an atmospheric tension that people can’t seem to shake. Especially when one [...]

108, 2016

Demand for telematics equipment increasing as people realise cost benefits

By | August 1st, 2016|Categories: Courier Insurance, Fleet Insurance, HGV Insurance|0 Comments

Demand for telematics equipment increasing as people realise cost benefits If you are responsible for vehicle fleet insurance, chances are that you are aware of the benefits of telematics. Telematics equipment can be installed [...]

108, 2016

What insurance should couriers have?

By | August 1st, 2016|Categories: Courier Insurance|0 Comments

What insurance should couriers have? As of 2016, it’s estimated that 80% of Britons shop online, and the digital shopping industry is now said to be worth in excess of £52 billion per annum. [...]

1207, 2016

How To Lower Your Courier Insurance Premium

By | July 12th, 2016|Categories: Courier Insurance|0 Comments

We know that as Couriers the backbone of your business is your mobility. In order to deliver and carry goods you need to be insured and know that you have all your avenues covered in [...]

1207, 2016

Knowledge Is Power – Know Your Courier Insurance

By | July 12th, 2016|Categories: Courier Insurance|0 Comments

If you have been a courier already, then you may be well aware of the insurance requirements that come along with the business. If you are looking to venture into the industry than this may be your first time reading up on how courier insurance works. In that case this article could help inform you on how courier insurance works, and furthermore how you can save on your courier premium. […]

2303, 2016

Three or more taxis? Try fleet insurance

By | March 23rd, 2016|Categories: Fleet Insurance|0 Comments

If your taxi company consists of more than one vehicle – and we think that’s quite a lot of you – you’re probably wondering how to keep your insurance costs down. After all, you can buy your groceries at a wholesaler with a discount, so why not buy your insurance the same way? […]

2303, 2016

Top tips for taxi insurance

By | March 23rd, 2016|Categories: Taxi Insurance|0 Comments

Taxi drivers pay more for their insurance than your regular customer does, and that’s a fact. However unfair this may seem, there are reasons for it – and ways to keep your costs right down. […]

2303, 2016

Age is nothing but a number (for motor trade insurance)

By | March 23rd, 2016|Categories: Motor Trade Insurance|0 Comments

It can sometimes seem that the insurance industry has a grudge against young people when it comes to getting their own insurance. Car insurance is the most well known one, with many young people paying four figure sums even for the oldest, slowest cars on the road. Now, with so many of our young people being encouraged into apprenticeships, and jobs where they can learn a trade “on the job”, it’s more common than ever to find under 25s working in the motor trade industry. […]

2303, 2016

Insuring your new courier venture

By | March 23rd, 2016|Categories: Courier Insurance|0 Comments

As the new year gets going, many people are looking for ways to pinch the pennies and make savings for the year to come. One of those money-making plans could be to take on a second income, such as courier work. Demand for couriers is growing as retail moves toward internet shopping, so there are likely to be plenty of opportunities open. It is a popular way for many people to bring in extra cash, because the hours can be so flexible and the area covered is up to you. Essentially, you will be your own boss. With so many benefits, it is easy to see why becoming a courier is so appealing. […]

By |Fleet Insurance|0 Comments