If your vehicles ever need to be off the road for a period of time…or ‘laid up’, due to a downturn in business, there are ways to help minimise your insurance costs without cancelling your cover. One option worth considering is GT’s Laid Up cover.
GT’s Laid Up cover works by essentially ‘pausing’ the on-road components of insurance policies for commercial and heavy vehicles. It then replaces them with a reduced level of cover that still protects for the most common off-road events such as fire, malicious damage and theft, all at a reduced premium. GT’s Laid Up cover is available for most types of commercial vehicles and some classes of Plant & Machinery.