1 minute read
Insurance advice
VANS & VEHICLES
You’re not the man (or woman) in the van without commercial motor cover, says Crombie Lockwood in #3 of our series on the strings you need on your insurance parachute.
The Master Plumbers insurance package has five key areas of cover. Perhaps the one that’s least understood is Commercial Motor cover. This is not like insuring your family car; as a plumbing pro you need the extra protection that Commercial Motor provides.
Obviously, you will cover your van or other business vehicles in the Commercial Motor cover but in this case the word ‘commercial’ is important. Your own private vehicle won’t be covered if it is being used for ‘business purposes’. If you or your partner regularly make use of the family car as an ‘extra workhorse’ for the business, make sure it’s included in your Commercial Motor policy.
And there’s an upside to it being a specialised commercial cover. For example, for a tiny additional premium, if your van (or car) is damaged and you lose the use of it, your Master Plumbers Insurance policy covers you for the rental cost of a replacement vehicle until yours is back in action. For six weeks’ cover, you pay just $180+GST—that’s a rental van for $30 a week; crazy.
On top of that is the most common claims area—windscreens. Once again, your Master Plumbers Insurance cover goes further. You are not only covered for your windscreen but also sunroof, headlights, tail lights, indicator light glass, mirror glass and window glass, as well as any retinting that’s required and any damage to bodywork as a result of a glass breakage.
Oh, by the way—the actual van is covered up to replacement value. It’s a commercial proposition that could save your asset: Commercial Motor cover.
We look after hundreds of plumbing businesses, so if you need advice or just help with understanding your current insurances, email vaughan.bridges@crombielockwood.co.nz or give Master Plumbers Insurance a call on 0800 866 766. Happy to help.
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