Hauliers to benefit from new policy offering

by Richard Kilner

Story link: Hauliers to benefit from new policy offering

Hauliers stand to benefit from the collaboration of Bradford-based National Breakdown and Halifax firm Donald Insurance which have teamed up to provide a nationwide commercial solution to HGV and fleet owners.

Their combined fleet and HGV insurance is a single policy under which goods in transit, property, liability and breakdown coverage is all provided.

It is the first combined policy of its kind in the United Kingdom, and should provide some welcome relief to the nation’s hauliers.

National Breakdown Director Carolyn Bowe has said that by pooling expertise with Donald Insurance the two firms have been able to offer a new, innovative product for HGV and fleet owners.

Bowe went on to say that breakdown coverage was rarer for HGVs than for lighter vehicles, adding that the firm’s expertise enabled it to provide the additional coverage.

The hauliers of Britain have been very adversely affected by recent events, including by soaring fuel prices, with 70% of hauliers seeing a downturn in business in 2009.

Petrol prices, already rising, will increase still further when the Government ends the biofuel subsidy, adding up to 1.5p to the cost of petrol, according to the Daily Telegraph, with a further 3 per litre from other tax rises.