Transporting goods comes with risk. Accidents, theft, hijacking, and cargo-related incidents can result in significant financial losses, especially when excess payments become payable after a claim.
Excess Risk Consultants’ Goods in Transit (GIT) Excess Reducers are designed to work alongside your existing Goods in Transit insurance policy, helping reduce the financial impact of excess payments and providing greater certainty for businesses that rely on transportation.
A successful insurance claim doesn't always eliminate all costs.
Many Goods in Transit policies include excess amounts that remain payable by the policyholder following a claim. These costs can place additional pressure on cash flow and business operations.
Our GIT Excess Reducers help minimise these out-of-pocket expenses, allowing transport operators and logistics businesses to focus on what they do best.
Our GIT Excess Reducer Solutions
GIT Basic Excess Reducer
Provides cover for the basic excess payable under your existing Goods in Transit insurance policy following an insured transit-related claim.
Key Benefits:
- Reduces excess payments following insured transit losses
- Supports improved cash flow management
- Suitable for transport operators, logistics providers, and businesses transporting goods
- Works alongside your existing Goods in Transit insurance policy
GIT Theft / Hijack Excess Reducer
Provides cover for excess amounts payable following theft or hijacking-related Goods in Transit claims.
Key Benefits:
- Additional protection against theft and hijacking-related losses
- Reduces the financial burden of large excess payments
- Designed for businesses operating in higher-risk transport environments
- Provides greater peace of mind when transporting valuable goods
Who Can Benefit From GIT Excess Reducers?
Our Goods in Transit solutions are ideal for:
Whether you’re moving goods locally or across regional routes, GIT Excess Reducers provide an additional layer of financial protection when unexpected events occur.
Goods in Transit insurance protects the cargo. Excess Risk Consultants helps protect your business from the out-of-pocket costs that can remain after a claim. Speak to our team to find the right Goods in Transit Excess Reducer solution for your operation.