What is Goods in Transit Insurance?

Goods in transit insurance covers goods while being transported by road, rail, air or sea against loss, theft or accidental damage. It is essential for removal companies, couriers, freight carriers and any business regularly transporting stock or client property. British Association of Removers (BAR) member firms are required to hold goods-in-transit cover as a membership condition. Coverage limits should reflect the full replacement — not depreciated — value of the goods carried. Policies typically exclude inherent vice, inadequate packaging and unattended vehicles, so businesses must understand their exclusions before making a claim.