For many self-employed professionals and entrepreneurs, the van is more than just a means of transport. It is often a mobile workshop filled with tools, machines, materials, or goods.
But what if those goods are damaged, stolen, or lost while on the road? Many entrepreneurs assume their motor insurance covers this. In practice, that is usually not the case. That is why a specific insurance exists: own goods transport insurance.
In this article, we clearly explain what this insurance is, what it covers, and why it can be important for your business.
What is own goods transport insurance?
Own goods transport insurance protects the value of goods or materials that you transport yourself for professional purposes. It therefore does not cover the vehicle itself, but its contents.
For example:
- tools
- machinery
- professional work equipment
- goods
Once these goods leave your fixed location and are in transit, they are exposed to additional risks. This insurance protects you against financial loss if something happens during transport.
What risks are covered?
Depending on the selected plan, this insurance may cover damage or loss caused by unexpected events during transport. Coverage may include, among others:
- damage caused by a traffic accident
- fire
- theft
- vandalism
- damage during loading and unloading
Coverage usually starts from the moment the goods are loaded and continues during transport. In many cases, protection also remains in place during short stops, such as refuelling or visiting a client.
