Logistics insurance
Compare quotes from leading insurers
Save up to 25% on premiums
Quick quotes for all products
Advisors available 7 days/wk
Tailored insurance for the logistics industry.
Whether you’re an international freight forwarder, or a home moving company, you’ll need insurance to protect your business. Insurance from Provide starts with property insurance, so that your premises and inventory are protected. You’ll also want to cover yourself against staff injuries and Covid-19 infections, public liability, and employee theft. If you ship goods either domestically or overseas, you’ll need to cover them with shipping insurance.
Â
It’s quick, tailored, and affordable cover with Provide.
What types of insurance do logistics firms need?
Explanation | Importance for logistics industry | |
Marine cargo insurance / goods in transit insurance | Covers loss/damage to goods you ship. Marine cargo: for international shipments Goods in transit: for domestic shipments | Critical |
Covers employee work-related injuries/sickness, including Covid-19 infections | Critical | |
Covers injuries, and third-party property damage (e.g. injuries to others while moving your goods) | Critical | |
Covers vehicle damage, fire, theft, third-party liability, and more | Critical if you have vehicles to deliver goods | |
Covers fire, water damage, burglary, etc. to your office | Good to have | |
Covers professional liability from negligence, errors and omissions that occur from your logistics services | Good to have | |
Covers employees stealing money from you, or committing fraud against the organisation | Good to have |
Commercial property insurance
Commercial property insurance will protect your store premises, business inventory, display windows, and all other shop contents.
Public liability insurance
Public liability insurance will protect you from liability for injuries/property damage to third-parties.Â
Fidelity guarantee insurance
Fidelity guarantee insurance will protect you from employees stealing from your business.
How much does logistics insurance cost?
Cover | Coverage amount (example) | Typical premium |
Marine cargo insurance / goods in transit insurance | $100,000 | From $100/year |
Work injury compensation insurance | $10 million (market standard, required by Singapore law) | From $100/year per person |
Public liability insurance | $100,000 | From $100/year |
Commercial vehicle insurance | Comprehensive plan | From $800/year per vehicle |
Commercial property insurance | $100,000 | From $100/year |
Professional indemnity insurance | $1 million | From $1,000/year |
Fidelity guarantee insurance | $10,000 | From $100/year |
