Four in every five Australian businesses are underinsured. The consequences of this can leave your business exposed to huge financial and legal risk. With that in mind, it’s never been more important to work out the insurance requirements for your business.
Every business is different and has different insurance needs. We’ve researched insurance for different industries, so you can find out what cover options are popular in the transport and wholesale industry.
93% of transport and wholesale businesses with CGU use Product and Public Liability Insurance to protect themselves and their business against a range of legal liabilities, including personal injury and property damage.
81% of transport and wholesale businesses with CGU use this cover to insure their premises from damage to buildings, contents and stock caused by fire and perils and accidental damage.
84% of CGU’s transport and wholesale customers use business vehicle insurance to cover theft or damage to business vehicles.
75% of our transport and wholesale customers have general property insurance protecting them against damage and loss.
73% of our transport and wholesale customers enjoy CGU’s expertise in workers compensation, from managing claims and getting your staff back on their feet.
Learn about workers compensation insurance
While this is what most transport and wholesale customers insure, your needs may be different. Want to learn more? Speak with a business insurance specialist today or call us on 13 24 81.
Our team of friendly business insurance specialists can help you understand what covers are available for your business.