Insurance for Heavy Motor Vehicle
As a Freight & Transport business, your trucks are your most valuable assets. But a lot can go wrong in the course of your business operations, and if you did suffer a collision or other unfortunate incident you’d want to make sure your business can get back up and running as quickly as possible.
A Freight & Transport Insurance pack arranged through Aon can help safeguard your business’s livelihood if something goes wrong. With several cover options to choose from, you can select the most appropriate package for your business, and have confidence knowing you’ve chosen a broker than understands the risks you face in your industry.
What does a Transport Pack typically cover?
- Third Party property damage (up to $50 million)
- Personal injury to a third party (if not covered by any statutory insurance)
- Removal of debris & clean up costs
- Fire, Policy and Emergency cost $100k
- Cover for your trucks, tarps & gates
- New replacement vehicle up to 3 years
- 45 days automatic inclusions cover up to $500k
- Up to additional 25% for finance payout
- Emergency Repairs up to $10,000
- Family travel Expenses $3,000
- Included as part of Commercial Motor
- $2.5m automatic cover, with option to increase up to $50m
- Removal of debris and clean up costs
- Diesel included
- Excludes radioactive waste and infectious diseases cartage
- Up to $100,000 automatic cover under Commercial Motor
- Material damage cover
- Includes BI for trailer owner
- Can purchase additional TIC if the company do it regularly
- Specifically designed to suit the transport, logistics and civil contracting industries
- Cover for legal liability for injury or damage caused by your business activities or products
- Automatic $100k CCC cover
- Covers transport operators for loss or damage to cargo they carry
- Three levels of cover to choose from: Accidental Damage Cover, Insured Perils and Liability only cover
- Cover for your lost revenue while your truck is being repaired
- Simply choose your benefit amount, benefit time and benefit excess
- Zero days waiting period being repaired
- No paperwork, EFT payments
Freight businesses Aon can arrange cover for
Electrical White Goods
Furniture (not house to house)
Live Stock and Poultry
Machinery
Premix Concrete
Why Aon?
Don't just insure, be sure.
Feel confident about your choice of insurance by talking with specialists in your industry.
All brokers based in Australia.
Our global scale means we can negotiate competitive quality insurance products with insurers.
We provide specialist resources on business insurance and risk management to help you stay on top of current and emerging risks in your industry.
Frequently Asked Questions
How do I work out which cover option I need?
The cover you need will depend on the type and nature of your business. As a bare minimum, Legal Liability for Third Party Damage and Injury is the most basic cover, but this only covers damage or injury you or your business is held liable for if you have an accident, and does not provide any cover for your own vehicle.
Is the cover for injury under the Legal Liability section same as what is covered under my Compulsory Third Party Insurance?
Cover for personal injury to a third party under the Legal Liability section will only apply where the injury is not covered by CTP.
How is the Public & Products Liability section different from the Legal Liability section?
The Public & Products Liability section provides cover for personal injury/damage to third party property that your business is held liable for in the course of its business activities. The Legal Liability section on the other hand provides cover for damage (or injury) to a third party your vehicle causes as a result of a collision.
Can I pay for my policy monthly?
Yes, you can. Monthly payments can be arranged through a premium funding agreement with Hunter Premium Funding2 to help you spread the costs of your insurance across the year. Please note that the total overall cost is higher if you pay monthly. Contact us on 02 6190 0958 or by email on [email protected]
How do I make a claim?
You will find details of how to make a claim in the policy wording you receive from us. However, we also appreciate that having to make a claim can be a stressful time which is why, as your advocate, we are always on hand to help with any questions. Please do not hesitate to call us on 02 6190 0958 during business hours.
What are your opening hours?
Our opening hours are 8.30am to 5:30pm Monday to Friday (AET, except public holidays). If you need to contact us out of hours you can email by clicking here and your query will be picked up on the next business day.
How do I renew my policy?
Your renewal offer, schedule and tax invoice will be emailed to you approximately 30 days before your renewal date. Please ensure you review the details of our offer carefully (remember pricing and coverage levels may have changed so it is important to review). If you are happy with the offer and wish to accept, simply make payment by the date specified on the tax invoice.
What if I need to make a change to my policy?
It is important to keep your policy up to date with the changing shape of your business but also to keep your business and personal information up to date in the event of a claim.
Should your business circumstances have changed, for example you have moved into new premises or you have changed the services that you offer and you are not sure if your existing insurance covers it anymore then you can always call one of our experienced friendly brokers to discuss on 02 6190 0958.
What are my payment options?
Payment for your insurance policies are generally due annually. A monthly payment option may be available through a premium funding provider. If you choose to take out a premium funding contract there will be charges (such as interest and/or fees) in addition to the premium you pay throughout the year. See the premium funding terms and conditions for full details1.
Ways to get in touch
Or call us on 02 6190 0958, email us on [email protected]
1Subject to full terms, conditions and limits of the policy. Please review the full policy wording for more information.
2Hunter Premium Funding is a third party independent of Aon, however Aon will receive a commission if you pay for your policy through a premium funding agreement with them.