WHAT YOU NEED TO KNOW ABOUT LASTMILE DELIVERY
COMMERCIAL INSURANCE – KEEPING THE CONTRACTOR COMPLIANT
Delivery can be a complicated business. A typical product might have to be moved from manufacturing to a warehouse, from a warehouse to retail, and from retail to residence. “LastMile” is a term used to describe the movement of goods during a small radius of the larger delivery framework. In other words, the process deals with how the goods travel their last mile to their destination.
LastMile business owners are almost always independent contractors. Many of the LastMile businesses are owner-operators who are hired by logistics companies to carry a trip load. But just because LastMile businesses deal with shorter delivery routes doesn’t mean that their job is easier. These mom-and-pop businesses face the same operational struggles as larger businesses—especially when it comes to commercial insurance.
Insurance needs for these LastMile businesses is complicated. Auto liability, hired and non-owned endorsements, general liability, cargo, physical damage, excess liability, workers compensation—these industry terms can get confusing. This is especially true for small business owners who don’t have a staff to focus on insurance matters. But if you don’t have the right insurance, you might not be able to get the job. Or, worse, you could find yourself without coverage in the event of an accident.
Because of the rise in online shopping, LastMile has grown exponentially during the last decade. The current COVID-19 pandemic has also caused an uptick in the need for LastMile services. Sebrite has been growing with LastMile, providing insurance packages that keep the independent contractor compliant and on the road.
Sebrite can assist your LastMile business in securing the right coverage at the right price to keep you compliant and on the road. Contact Sebrite for your LastMile insurance package.