Goods In Transit Insurance

Goods in Transit covers the loss of or damage to goods and stock that your business buys, sells or uses whilst they are in transit .

Depending on the insurer, the insured can choose from the following goods in transit options:

Limited Cover

Some of the main insured events that are covered under limited cover option include​:

  • Fire
  • Explosion
  • Overturning, jack knifing or collision of the conveying vehicle
  • Lightning
  • Flood​

Accidental Damage

Accidental Damage predominately covers all the above insured events along with Accidental Damage whilst in transit including loading and unloading.