Third Party Fire & Theft (TPFT)
Half of this policy is legally required, the other half strongly recommended. Third party refers to all accidents that occur to which you are liable and covers damage to property (including other vehicles) and injury. It is illegal to drive on UK roads without this policy in place. TPFT is an upgrade from third party only (TPO) and, although not legally required, is highly recommended as it protects against vandalism, theft of the vehicle and damage caused as a result of fire.
Goods in Transit
Such large vehicles are capable of carrying huge loads, some of which may well be of high value. If you want the contents of your lorry insured while it is on the road, then a goods in transit policy is essential. While this may not make sense for all businesses, the chances are at some point your vehicle will be carrying goods that, if damaged or lost, will cause significant loss to profits, even more so if said goods are not your own. Such a policy can protect against costly accidents that lead to losses of this kind.