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Why should you choose Marsh to arrange your insurance solutions?
Need a range of covers to suit your business needs? Explore Marsh’s business bundles for glass, theft, contents cover and more.
Cover your cargo, bolster your business. We can help you stay in forward momentum – by arranging insurance tailored to you.
Insurance can be a lifeline. But lump sum premiums can be a hindrance. Pay in monthly instalments with premium funding arranged by Marsh.
If you’re handy by trade, we can help you stay covered. Let us arrange handyman insurance that’s tailored to you.
The journey to your drop-off point should be as painless as possible. Take a load off your mind with cover arranged by Marsh.
If trucks are integral to your operations, truck insurance is a wise investment. Let Marsh arrange the right cover for you.
A damaged taxi can put a dent in your business. Consider taxi fleet insurance arranged by Marsh – the industry experts.
The cost of your business vehicle insurance will depend on a few factors. They include:
Your vehicle’s make and model
The nature of your business
Your commercial vehicle claims history
The coverage provided.
You can discuss your situation and circumstances with one of our brokers to work out how much you’ll pay.
The key difference is that business vehicle insurance is designed specifically for vehicles used for business purposes.
Some insurers might not cover a personal car insurance claim for an accident that happened while the car was being used for work – such as a delivery.
Also, business vehicle policies often have extra benefits that are tailored to the risk needs of commercial drivers. Windscreen replacement inclusions and hire car extensions are two examples.
Business vehicle insurance and commercial vehicle insurance are interchangeable terms.
They both refer to the same policy: one that helps cover the costs of theft, damage and accidents to vehicles being used for work purposes.
An insurer will, in most cases, cover a driver for reasonable personal use. Just be sure to read your product disclosure statement before you head out on the road.
You should also speak to your insurance broker to confirm the full inclusions and exclusions of your policy.
In this case, the right policy for you depends on the weight of your vehicles.
You can insure a fleet of light to mid-weight vehicles under a commercial fleet policy. But trucks and large vans will need to be insured under a truck and heavy motor vehicle policy.
For details, learn more about truck insurance.
The answer will vary from insurer to insurer. Your policy may look different depending on who provides it – and inclusions may only apply to certain types of vehicles.
Generally speaking, a typical commercial vehicle policy can cover:
Loss or damage after an insured event – such as fire, hail, storms, theft and malicious damage
Vehicle replacement
Accidental damage to a third party’s property
Costs of a hire car following theft, damage or emergencies
Broken windscreens or window glass
Towing.
Read your product disclosure statement for a full list of your inclusions – and speak to a Marsh advisor for guidance.
This answer will vary from insurer to insurer. Your policy may look different depending on who provides it – and exclusions may only apply to certain types of vehicles.
Generally speaking, a typical commercial vehicle policy can’t cover:
Pre-existing damage
Inebriated drivers
Legal liability claims you’re already covered for – such as from compensation schemes, funds and compulsory or statutory insurance.
Insurers also cannot cover you if you haven’t disclosed key information – such as past claims or driving history.
LCPA 23/144
Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238369) (“Marsh”) arranges the general insurance (i.e. not the Discretionary Trust Arrangement) and is not the insurer. This page contains general information and does not take into account your individual objectives, financial situation or needs. For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request. Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). Any advice or dealing in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226 827) (“JLT”). JGS and JLT are businesses of Marsh McLennan. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.
