Goods In Transit Cover
While not a legal requirement, it is highly recommended for couriers to have this policy in place, particularly if the goods in question are of high value. A courier business is essentially liable for the goods it transports while they are on board the vehicle. If such items are fragile, they can be damaged and if they are of high value, they may be targeted by thieves, all covered by this policy. If small enough to be misplaced, many goods in transit providers will also cover you.
A courier service is only as good as its reputation for reliability. Sometimes, even the most reliable service, however, will be presented with bad luck, such as a breakdown on the way to a vital delivery. This can be a catastrophic occurrence if the goods are needed ASAP, and you will likely lose a customer or two as a result. Having breakdown insurance in place means that disruption is kept at a minimum, allowing the your vehicle to get back on the road as soon as possible.