Do you Wrap or letter up customer’s vehicles inside your Business Premises ?

{ Posted on Jun 11 2010 by SignElite }
Categories : Uncategorized

Do you keep customer’s vehicles inside your premises over night or do you letter or wrap them inside your vehicle bay?  If the answer is yes, then you need some extra cover in place for these. These vehicles are Goods In Trust whilst inside your business premises and even though your client may have comprehensive cover on the vehicle, they will certainly not want to claim on their own policy and lose their no claims bonus in the event your premises goes up in flames and takes their vehicle with it. So you need to extend your policy to cover these vehicles whilst inside the premises. Ask yourself what the maximum value of any one vehicle or vehicles would be at any time whilst inside the premises and that’s the figure you need to give to your Broker.

Not all Insurers will offer this cover so if you find this is not possible then you may need to approach a specialist Broker for the Signs & Graphics Industry when it comes to your renewal date, who can accommodate this risk for you.

The above is for information and guidance only and should not be relied on for individual circumstances and professional advice must always be sought specific to your individual circumstances and requirements. Finally any and all comments referred to anywhere on this site is for the United Kingdom (UK) market only.


7 Responses to “Do you Wrap or letter up customer’s vehicles inside your Business Premises ?”

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  2. Fantastic article. Really helpful info. I’ll look out for the next one!

    Thanks,

  3. thank you :)

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  5. I typically don’t submit in Blogs but I thought I needed to voice how useful this is…you don’t typically come across advice specifically for the sign industry, so this is great. thanks.

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