Agreed Value Cover
Your classic truck may be a passion project, or it could be used for work – either way, having a pre-agreed value set up with your insurer means that, if you classic truck is written off, you will be able to claim back for the price you have agreed. This protects your from being paid a depreciated amount for your vehicle.
Equipment & Tools Cover
Policies should only be taken out if they are relevant to the sector and the business employing them. Therefore, this feature may not be as pressing for some as it is others. If you carry equipment and tools of any kind of significant value, however, this policy is a must. Not only does it protect against damage from accidents, it can also be applied to theft, something that is a real concern for all commercial vehicles carrying valuable items. For goods in transit, however, a separate policy is likely required.