Why light truck cover matters more than small businesses expect
The trouble with a light truck is that it does not feel like a truck. It is bought like a work vehicle, driven on a car licence in many cases, and then insured as though nothing has changed.
It is a commercial vehicle whatever it feels like
Carrying goods for hire or reward is excluded from private motor policies regardless of vehicle size. A light truck is not small enough to escape that, and businesses that grew out of a ute frequently carry the assumption across.
Even carrying only your own materials puts you in business use rather than private, which is a different rating basis if not a different policy.
The body is usually half the value
Light trucks are bought as a cab-chassis and finished with a tray, box, crane or tipper body afterwards. That fit-out is a separate cost and it is routinely left off the sum insured.
It is the most common reason a settlement at this size disappoints: the truck is covered, the thing that made it useful is not.
One vehicle means no fallback
For a small business the light truck is often the only one. A three-week repair is three weeks of not trading, and downtime or hire vehicle cover is what turns that into an inconvenience.
It is the section most often dropped to hold the first premium down, and the one most likely to be missed when it is needed.
Cover this article touches on
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