What does own transportation insurance in a commercial vehicle insurance policy entail?

Own transport insurance is an additional insurance to the company car insurance. You can add this coverage if you have valuable trade goods or tools in the car. Because they are in the company car, they are often not insured on the inventory insurance. Also, if they are private items, you do not have full coverage in the contents insurance.

When insuring your company car against theft, people often don't think about insuring the items in the car. In case of theft, you cannot claim the damage on the company car insurance. Keep this in mind.

What is insured on commercial vehicle insurance and what is not?

Commercial vehicle insurance is based on the vehicle's list value. This is the new value at the time the company car rolls out of the factory. If you choose to add another tow bar under the company car, this can be insured as an accessory. The tow bar forms a part of the commercial vehicle. Anything that is not a part is not insured on the company car insurance. For example, tools are clearly not covered.

Can you co-insure stuff on your own transportation insurance?

With this additional insurance you can co-insure theft from the company car. The benefit amounts to a maximum of €5,000. It can also include goods brought to relations. Pay close attention to the conditions set by the insurer. Under certain conditions the coverage also applies at night. However, the insurer will impose security requirements for this.

Is self-insurance a useful addition?

Individuals who leave few valuables in the company car may have doubts about the need. With business use, there is often a high value in the company car anyway. The additional insurance will cost you only a few euros per month. In case of theft of or from the company car, you are happy with this additional coverage.