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Last updated: 09 March 2022
One of the most popular delivery companies in the UK, working tirelessly to bring us our online purchases, is Hermes. If you want to join their ranks as a courier, then you need to make sure you have the right insurance. It’s not always easy to know what exactly is required, but fortunately, we do.
What is Hermes courier insurance?
Being a courier is a line of work that comes with a unique set of challenges. Extended periods of time on the road and driving in unfamiliar areas while handling goods naturally holds more risks than your average 9-5.
As a result, Hermes couriers are required to have specific delivery driver insurance. A normal car insurance or social, domestic and pleasure (SD&P) policy won’t cut it, as they are not tailored to the specific circumstances that couriers face every day.
What types of Hermes courier insurance are there?
If you want to work for Hermes, then you have two insurance avenues to go down.
Firstly, you can take out a secondary policy on top of your private, SD&P policy. This can either be specific courier insurance or hire and reward insurance plan.
While both will suffice, they offer slightly different levels of protection, so make sure you do your research so you know which one is right for you.
As with a normal car insurance policy, you can pick from three basic levels of cover, with supplementary protection also available.
- Third party only: You’re covered for any damage or injury done to a third party in case of an accident.
- Third party, fire & theft: You're covered for any damage or injury done to a third party. Your own vehicle is also protected in case of fire or theft.
- Comprehensive: Both your own and third-party vehicles are covered in the case of any damage.
Your second option is to use Hermes’ own courier insurance, provided through their partner Lockton. It’s charged at £1 per day, so depending on how often you will be delivering for them, this could be a smart option.
However, it’s important to note that the insurance Hermes provides is third party only, which means if you get into an accident then any damage to your vehicle won’t be covered.
Do I need Hermes insurance?
The short answer is yes. If you want to become a delivery driver for Hermes, you need to make sure you have the correct courier insurance. Drivers who aren’t appropriately covered or happy to take on Hermes’ own top-up insurance will not be accepted.
What is covered by Hermes insurance?
Any kind of courier insurance will be designed to cover the possible risks that a Hermes driver might run into. However, depending on what type of policy you go for, you will have different levels of protection.
The basic minimum requirement for any Hermes delivery driver will be third party insurance, which will come as part of a wider courier or hire and reward policy.
However, there are some additional types of protection that do not come as standard that you might want to consider adding to your policy. These include:
- Public liability cover: Protection you against any compensation costs if you injure a member of the public during your deliveries.
- Breakdown cover: Providing free roadside assistance, towing and repairs should your car break down.
- Goods in transit cover: Covers you for any compensation claims you may face due to an incident at work.
It’s important to note that while these additional types of cover are available on your standard SD&P insurance, you will need them as part of your commercial policy. Otherwise, you risk invalidating the insurance and being forced to pay for costs yourself.
How much does Hermes insurance cost?
Exactly how much your premium will be comes down to a few factors.
If you decided to opt for Hermes' own insurance, then the price is set at a £1 per working-day flat rate. However, if you wanted to go for your own cover, there are various factors to be considered. The most important things an insurer will assess will be:
- How long you’ve been driving / your age
- Your driving history
- What vehicle you’ll be using
- The value of the parcels you will be delivering
On top of these parameters, an insurer might take into account the hours and areas that you're working in. Someone working in the evening, in an area that has high levels of crime, might be seen as more of a risk than someone working a day shift in a quiet area.
The only way to really know how much your Hermes insurance will cost is to compare quotes online.