Whether drivers deliver laundry, take-out food, medical supplies, or other products, their risk runs high. This policy covers businesses and drivers against legal liabilities when drivers make active deliveries.
The last-mile delivery industry has expanded massively in the past decade. From fresh laundry to medical supplies to a warm meal, professional delivery drivers bring items to customers every day. As a result of this industry boom, last-mile delivery businesses and drivers face many risks.
Courier services
From parcels to important documents, courier services face many risks.
Delivery services
Medical supplies, laundry, pet care supplies, flowers and gifts, and more, are all buzzing services needing delivering.
Transportation
Car rental services, logistics, etc. fall under the category of transportation.
Why you need Last-Mile Delivery Insurance
Summary
Property damage, bodily injury, and various third-party lawsuits can fall under the umbrella of a tailored last-mile delivery insurance plan. Consider what would happen if your delivery driver damaged a customer’s property or injured someone while making an active delivery? The legal fees associated with these situations are often astronomical — but last-mile delivery insurance offers innovative solutions.
Reasons for getting Last-Mile Delivery Insurance
Covers injuries sustained during active deliveries
Protects against third-party property damage claims
Offers customers more safety assurance
Property damage
Third-party property damage can result in sky-rocketing legal costs.
Safety assurance
Customers want to feel confident in their on-demand services. Having coverage boosts that confidence.
Injuries
Bodily injuries often create mounds of issues in lawsuits, fees, and medical expenses.
What Does Last-Mile Delivery Insurance Cover
Although you’ll have to verify your policy, last-mile delivery insurance covers the following risks:
Injuries
Anytime a company uses vehicles to fulfill a service, the risk of injuring others is a significant threat. Perhaps a delivery driver collides with another vehicle while en-route to a customer and the crash hurts individuals in the other car. Maybe a bike courier loses control while navigating a freshly-paved road, resulting in broken bones and bruising. That said, bodily injury is a top concern for last-mile delivery service companies.
Property damage
Third-party lawsuits pop up all the time because a professional service employee damaged this or that. Consider a vehicle leaking oil on a customer’s driveway. More catastrophic accidents aren’t out of the question, either. Recently, a delivery driver plowed into a self-storage building while experiencing a medical issue. Last-mile delivery service companies take into account even the most bizarre hypotheticals.
Cybersecurity
With the average worldwide cost of a data breach at $4 million, it’s no surprise that on-demand companies consider cybersecurity a top priority. What’s more, last-mile delivery services use apps regularly. Suppose a cybercriminal hacked into your network, causing massive technical issues for your customer base. This crisis could put a devastating halt on your business, causing loss of income and financial damage to your company.
Last-Mile Delivery Insurance FAQs
A number of factors come into play when underwriters assess risk for last-mile delivery insurance. For essential policies like General Liability and HNOA, underwriters will examine:
Mileage driven
Trips provided
Revenue generated
Safety protocols and processes
How it works
Finding insurance coverage doesn’t have to be painful. We aim to make the purchasing experience as streamlined & intuitive as possible.
1
Get a quote
Use our custom built online portal to get quotes fast. We automate clerical tasks that plague the traditional insurance brokerages, giving us more time to be responsive and alert to your company’s needs.
1
Get a quote
Use our custom built online portal to get quotes fast. We automate clerical tasks that plague the traditional insurance brokerages, giving us more time to be responsive and alert to your company’s needs.
2
Pair with a specialist
No two organizations are the same. Our team of coverage experts partners with your team to engineer your risk management strategy, together. We take the time to understand the intricacies of your company to get you the best possible coverage.
2
Pair with a specialist
No two organizations are the same. Our team of coverage experts partners with your team to engineer your risk management strategy, together. We take the time to understand the intricacies of your company to get you the best possible coverage.
3
Stay one step ahead
To do better, you need to know better. With changing political, technological, legal and economic landscapes, staying ahead of the curve is critical.
Our in-house team is tapped into the latest developments of your industry, proactively ensuring you’re covered.
3
Stay one step ahead
To do better, you need to know better. With changing political, technological, legal and economic landscapes, staying ahead of the curve is critical.
Our in-house team is tapped into the latest developments of your industry, proactively ensuring you’re covered.
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