Heavy Goods Vehicle (HGV) is the typical big Lorries you see on the road. When these vehicles weigh more than 3.5 tons, they are heavy vehicles. Otherwise, they fall in the category of light goods vehicle (LGV). Now, if you own or drive an HGV, the law mandates that you have basic insurance cover to protect others on the road. In other words, you need third-party insurance coverage that covers the medical expenses of injuries caused to another individual due to your HGV as well as the damages to property or vehicle. Though the law mandates only coverage against for third-party injuries and damages, it is important you have some cover for your own protection too.
This means you should have protection not just for third-party liabilities, but also for your own! The good news is many companies offer HGV insurance with varying options and covers. So, how do you find the cheapest HGV insurance without compromising on the extent of coverage? Well, let's find out. Start with research The first step is to do some research to know the possible cover options and extensions offered by different companies. Browse through different sites and talk to the representatives of different insurance companies.
Based on all this information, make a list of the possible covers and options available in the market today. Identify what you want Once you have a comprehensive list of all the different options available, next choose what you want. This list will likely be smaller than the list you made earlier because many cover options may not be relevant to you. For example, some companies offer insurance when you drive out of the UK, but if you're one of those people who never drive outside the UK, such a cover will be unnecessary for you.
This is why making a list of cover options that are most relevant to you and ideally, the ones you'll need. Compare Next is the most important step. Compare the cost of the insurance cover you need between different companies. Make a list of the top companies that sell HGV insurance and call them or reach out to them to get a quote for the cover you want. Finally, compare the different quotes and choose the one that gives the best value for your money.
All this comparing and talking is time-consuming and will take you away from your core work or business. An easier option is to take the services of companies like Total Insurance that take care of this comparison work for you. Simply enter your details and describe the coverage you want. Total Insurance will compare across different service providers and will give you the best option available at the best rates. This will obviously save a lot of time and energy for you and at the same time, will give you the insurance you want at the cheapest possible rates. Thus, this is a great way to get HGV insurance without spending too much time and effort.