Britain’s haulage companies and individual lorry drivers have had a tough time of it over the past few years as a result of fuel price rises and increased competition from across The Channel. Now they have a new issue to contend with, illegal immigrants. With this issue, however, British truckers have an ally in the shape of the UK’s insurance brokers.
Britain’s truck drivers have increasingly been left counting the cost of illegal immigrants trying to get from Calais into the UK via the tunnel and the port. Such actions have often forced the authorities to close Calais and implement Operation Stack, the emergency plan that results in thousands of trucks being parked on the M20 and in nearby airfields.
The problem is politically charged and large in scale, not least when it comes to the cost to Britain’s road haulage businesses and lorry drivers. The value of trade travelling between Britain and Europe via the English Channel is estimated at around £170bn a year, with 60% of it going by lorries on ferries. British lorry drivers have faced with what has been described as a ‘war zone’ around Calais in recent years, with French and British customs officials battling to keep migrants from stowing away on trucks and lorries. The result of all this activity has been costly delays and even entire loads being written off owing to perishability or damage caused by the migrants themselves.
UK Hauliers’ Unaffordable £1bn Problem
While the delays and Operation Stack are very visible signs of the problems facing Britain’s hauliers, the spoiling of loads is an element that is less obvious but which costs the industry around £1bn a year. Losing a single fruit cargo might cost as much £30,000 but for other non-perishable items – such as clothing and footwear – that may have been damaged by people hiding in the back of a lorry, the cost can run into hundreds of thousands of pounds. A haulier’s insurance may well cover it but then the cost of that haulier’s truck insurance will go up until such insurance either becomes too expensive or the insurance company is forced to refuse cover as the risk level is too great. In either event it’s bad news all-round.
The Affordable Solution: Goods in Transit Insurance
With the risks of disruption now so high and the costs involved so steep, is there anything that hauliers can do to adequately protect themselves from certain eventualities? Well one easy step that hauliers can take is to take out goods in transit insurance. Goods in transit insurance provides a high level of cover for a lorry’s contents and provides protection against prevalent issues such as your or your customer’s materials, goods or cargo being lost, stolen or damaged in transit. Goods in transit insurance is affordable and policies can be written according to specific needs, for example they can be written to protect perishable goods against delays.
Britain’s Road Hauliers: Time to Protect to Survive
With the situation in Calais and other entry points to the UK and the EU looking set to remain difficult for some time to come, it’s important for hauliers to understand the insurance options that are available to them. That is where insurance brokers such as Coversure come in. With our exceptional market access and knowledge we can help you through these testing times and help you keep your business on the road.
For more information get in touch with your local Coversure Insurance broker today.