Commercial Lorry Insurance guide


Commercial lorry insurance is a crucial aspect of operating any business that relies on lorries. Whether you’re transporting goods across the country or operating a local delivery service, having the right lorry insurance can protect your assets, reduce financial risks, and ensure legal compliance.

In this comprehensive guide, we’ll explore the different types of lorry insurance, including 7.5 tonne lorry insurance, temporary lorry insurance, and classic lorry insurance. We’ll also discuss how to obtain a lorry insurance quote, the factors that influence the cost of lorry insurance, and answer the pressing question, “how much is lorry insurance?”

By the end of this article, you’ll have a clear understanding of how to choose the best commercial lorry insurance for your needs and the benefits it provides.

What is Commercial Lorry Insurance?

Commercial lorry insurance is a specialized type of insurance designed to cover lorries used for business purposes. It provides financial protection against a range of risks including accidents, theft, and damage to goods being transported.

This type of insurance is vital because it not only safeguards your business assets but also ensures you can continue operations without significant financial setbacks in case of an unforeseen event.

Commercial lorry insurance offers several key benefits that are essential for the effective operation and sustainability of a business. It provides financial protection by covering repair costs and replacement expenses in the event of accidents or damage, which prevents significant financial strain on the business.

Liability coverage is another crucial benefit, protecting businesses from claims for injuries or damages caused to third parties, and covering associated medical expenses, legal fees, and compensation costs. Additionally, commercial lorry insurance ensures compliance with legal requirements, helping businesses avoid fines and penalties.

Commercial Auto Insurance Explained

In many jurisdictions, having commercial lorry insurance is a legal requirement. This includes:

  1. Mandatory Coverage: Most countries require at least third-party liability insurance for commercial vehicles.
  2. Specific Coverage Types: Depending on the nature of the business, additional coverages such as goods in transit or public liability may be required.
  3. Regulatory Compliance: Ensuring your insurance policy meets local regulations and standards to avoid legal issues and fines.

Having a comprehensive commercial lorry insurance policy not only meets these legal requirements but also provides extensive protection tailored to the specific needs of your business.

Types of Commercial Lorry Insurance Coverage

Comprehensive lorry insurance provides extensive protection by covering damages to your lorry from a variety of risks, including accidents, theft, fire, and vandalism. This type of insurance is crucial as it ensures that repair and replacement costs are covered, minimizing financial losses for your business.

Third-party liability insurance is designed to cover damages or injuries caused to third parties by your lorry. This type of coverage is essential as it protects your business from potentially high costs associated with legal claims and compensation payouts.

  • Classic Lorry Insurance: Tailored for vintage and classic lorries, offering specialized coverage to protect their unique value.
  • Temporary Lorry Insurance: Provides short-term coverage for lorries, ideal for seasonal businesses or temporary use.
  • 7.5 Tonne Lorry Insurance: Specific coverage for 7.5 tonne lorries, ensuring all the unique needs of these vehicles are met.

How to Get a Lorry Insurance Quote

Lorry insurance quote procedure

Obtaining a lorry insurance quote is a crucial step for any business that relies on commercial vehicles. This process involves gathering information, comparing quotes, and selecting the best policy for your needs. Here’s a detailed guide on how to get a lorry insurance quote,

Before seeking quotes, ensure you have the following information ready:

  • Vehicle Details: Make, model, age, registration number, and modifications.
  • Driver Information: Details of all drivers, including age, driving experience, and any previous claims or convictions.
  • Usage Details: How the lorry will be used, including mileage, types of goods transported, and areas of operation.
  • Security Features: Any installed security devices like alarms or tracking systems.

Online comparison tools are an efficient way to get multiple quotes quickly. Popular platforms include:

These sites allow you to enter your details once and receive quotes from various providers.

Some insurance providers prefer to give quotes directly rather than through comparison sites. It’s worth visiting their websites or contacting them directly. Popular lorry insurance providers include:

Specialist brokers can offer tailored advice and access to niche markets. They often provide personalized service and can help find the best deal. Notable brokers include:

When you receive quotes, compare them based on:

  • Coverage: Ensure the policy meets your coverage needs.
  • Excess: Check the voluntary and compulsory excess amounts.
  • Premiums: Compare the cost of the premiums.
  • Add-ons: Look for additional benefits like breakdown cover or legal assistance.

Once you’ve chosen the best quote, finalize the policy by providing any additional required information and making the payment.

7.5 Tonne Lorry Insurance: Is It Right for Your Business?

7.5 tonne lorries are a popular choice for many businesses due to their versatility and capacity. Insurance is crucial for these vehicles as they often operate in urban environments where accidents can occur frequently. Proper coverage protects your business from financial losses due to accidents, theft, or damage.

7.5 tonne lorry insurance options

Coverage Options Specific to 7.5 Tonne Lorries:

  • Comprehensive Coverage: Protects against a wide range of risks including accidents, theft, fire, and vandalism.
  • Third-Party Liability: Covers damage to other vehicles and property, as well as injuries to other people.
  • Goods in Transit: Covers the cargo being transported, which is essential for delivery businesses.
  • Breakdown Assistance: Provides roadside assistance in case of mechanical failure, ensuring minimal downtime for your operations.

Ensure your business is adequately protected. Compare coverage options and get a tailored quote from providers like My Money Comparison today to find the best insurance for your 7.5 tonne lorry.

By following these guidelines, you can obtain the right insurance coverage for your lorry, ensuring your business is protected against various risks while operating efficiently.

Temporary Lorry Insurance

Temporary lorry insurance provides short-term coverage, typically ranging from a single day to a few months. This type of insurance is ideal for various situations, such as when a vehicle needs to be moved from the point of purchase to its home base, for short-term commercial activities, or during peak business periods.

Temporary lorry insurance is particularly useful in the following scenarios:

  • Moving a vehicle from the purchase point to its destination.
  • Covering a lorry for a short-term project or event.
  • Providing insurance during peak business seasons when additional vehicles are temporarily needed.
  • Offering coverage when a vehicle is being repaired or tested.

The duration of temporary lorry insurance policies can range from 24 hours to several weeks. The cost varies based on the length of coverage and specific insurance provider. For instance, a 24-hour policy might cost around £110, while a 5-day policy could be approximately £415​ (Home | Commercial Truck Insurance)​​ (NITIC)​. It is essential to compare quotes from different providers to find the best rate for your needs.

Applying for temporary lorry insurance involves the following steps:

  1. Gather Necessary Information: Have your vehicle’s VIN number, driver’s license, and details of the coverage period ready.
  2. Compare Quotes: Use online comparison tools to evaluate policies from different providers, taking into account coverage limits, deductibles, and premiums.
  3. Submit Application: Fill out the application form accurately to avoid issues with claims later.
  4. Review Policy: Once approved, review the policy document to understand the terms and conditions.

For flexible, short-term coverage tailored to your needs, compare temporary lorry insurance quotes today here​.

Classic Lorry Insurance

Classic lorry insurance is designed specifically for vintage or historic commercial vehicles, ensuring they receive the protection they need while on the road or in storage.

Classic lorries often have different insurance requirements compared to modern vehicles due to their age, rarity, and the difficulty of sourcing replacement parts. Coverage must account for:

  • Agreed Value Coverage: Ensures the vehicle is insured for its full market value.
  • Limited Use: Policies often include limitations on annual mileage or use for exhibitions and parades.
  • Specialized Repair Coverage: Covers the cost of specialized repairs needed for vintage vehicles.

Typical coverage options include:

  • Liability Insurance: Covers damage or injury caused to others.
  • Comprehensive and Collision Coverage: Protects against theft, vandalism, and accidents.
  • Specialized Parts Coverage: Ensures that rare or hard-to-find parts are covered.

How Much is Lorry Insurance?

The cost of lorry insurance obviously depends on various factors, including the type of coverage, the vehicle’s age and condition, and the driver’s record hence, while it’s difficult to provide an exact figure due to the variability, here are some general cost estimates:

  • Small Lorries (up to 3.5 tonnes): Premiums can range from £1,500 to £4,000 annually.
  • Medium Lorries (3.5 to 7.5 tonnes): Premiums can range from £2,500 to £6,000 annually.
  • Large Lorries (over 7.5 tonnes): Premiums can range from £3,500 to £10,000 or more annually.
  • Temporary Lorry Insurance: For short-term coverage (e.g., one day to a few months), costs might range from £50 to £200 per day, depending on the lorry and coverage level.
  • Classic Lorry Insurance: For older, collectible lorries, costs can be lower due to limited usage and the value of the vehicle. Annual premiums might range from £500 to £2,000.


Selecting the right commercial lorry insurance is essential for protecting your business assets and ensuring smooth operations. Whether you need 7.5 tonne lorry insurance, temporary lorry insurance, or classic lorry insurance, understanding the coverage options and factors influencing costs can help you make an informed decision.

By following the steps that we have just explained, you can obtain a lorry insurance quote today with the best coverage tailored to your needs, and rest assured knowing your business is safeguarded.

By Kavindu Motors

Truck Enthusiasts and Truck Parts Dealers based in Sri Lanka

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