Road risk insurance is the on-road part of a motor trade policy. It can insure customer, stock or other declared vehicles while authorised people drive them for road testing, collection, delivery or demonstration. The schedule must clearly describe who may drive, why, where and which vehicles are accepted.
A panel beater’s driver is returning a repaired bakkie to its owner when it is hijacked at a traffic light.
How cover may respond: Road risk may respond to the vehicle loss if delivery use, the driver and hijacking are insured and all tracking or reporting conditions are met.
Important: The policy excess and vehicle valuation basis will determine the settlement.
Tell us what vehicles you handle, where they are kept and how they are used. A specialist can compare suitable terms and explain the important conditions before you bind cover.
Start my quotationThis is a general explanation, not advice or a policy contract. Cover is subject to the insurer’s schedule, wording, limits, excesses and conditions.