SURREY, ENGLAND, June 20, 2009 /24-7PressRelease/ -- The economic crisis is dealing heavy blows in the road transport sector. During the first quarter of 2009, registration of new trucks in Europe dropped by almost 36%. It's always said that hauliers feel economic slow-down first, and Nick Cole, Commercial Plan's haulage insurance specialist, says that many haulage firms are now having to find ways to save money. "We've seen a huge upturn in firms looking for better deals on their haulage insurance," says Nick. "Many have been with the same haulage insurance company for years and the cost of their haulage insurance premium hasn't been an issue. But in this climate, firms can't afford not to shop around for cheaper haulage insurance."
Commercial Plan Insurance are currently able to offer exceptional deals on haulage insurance, which is why many of the customers who make an enquiry with Nick and his team actually take out a new policy. "Our deals on goods in transit and public liability are exceptional," says Nick. "Whereas with many haulage insurance companies, goods-in-transit and public liability has to be bought separately, we're a one-stop-shop, and can offer the best haulage insurance deals on the market at the moment."
So although Commercial Plan have seen a drop off in start-ups looking for haulage insurance, they have seen a rise in new customers looking to change their haulage insurance for a better deal. "But it's not just our rates that are more competitive than other providers," says Nick. "We're also able to over benefits on haulage insurance that other companies just can't." One of those benefits is 'Protected No Claims Bonus After One Year'. "In my experience, most haulage insurance companies require full no claims history before they'll offer protection, but at Commercial Plan, we offer no-claims protection to customers after just one year, and we're not charging any more for this haulage insurance benefit."
Another feature of Commercial Plan's haulage insurance that Nick says is very competitive is offering an annual European Green Card to those hauliers making regular trips to Europe. Although hauliers automatically have third-party haulage insurance protection when making a trip into Europe, a Green Card is required to give them fully comprehensive haulage insurance. "Some firms are still tied into haulage insurance policies that require them to apply for a temporary Green Card every time they want to go into Europe," says Nick, "Which isn't just economically unsound for most firms, but also causes a lot of extra administration and red tape. At Commercial Plan, we offer those companies who make regular make trips into Europe an Annual Greencard, which gives them fully comprehensive haulage insurance and saves a lot of unnecessary paperwork!"
Economics is all about cycles, and given time, like in countless other recessions, the pace will pick up again, and business can get back to normal. But at the moment, hauliers are finding they have to make their own green shoots, and cost cutting by getting the best deal on haulage insurance, is one way they save money for their business.
Commercial Plan Insurance have a dedicated haulage insurance team, and can offer exceptional haulage insurance at the most competitive rates for your company.
See how much you could save with our expert advice and low Haulge Insurance rates. Call Commercial Plan Insurance now on 0844 576 5756 & Save