Van Insurance can be a pain if you want to find the best deal without killing yourself filling in long boring forms or dealing with pushy call centre staff when all you want is a cheap quote for a policy that does the job.
So why bother with Van Insurance?
If you didn’t have to buy Van Insurance then hardly anyone would buy it! The fact is if you own and drive a van it is a legal requirement that you have van insurance in place for a minimum of third party insurance. Vans up to a gross weight of 3.5 tonnes that carry tools, supplies and goods can be covered by this type of insurance.
Van insurance categories
You must have the correct category of van insurance in place dependant on what your van is to be used for. The three categories are a) social, domestic and pleasure which means the van will not be used for work, b) carriage of your own goods or another person’s goods in your line of business and c) haulage which covers you for transporting goods that are owned by another party who will be paying you for transporting them.
Levels of cover of Van Insurance
There are three levels of cover:
- Third party – covers the other person’s vehicle, property or person – not your own van in the event of an accident.
- Third party, fire and theft – covers your van in the event of fire or theft and any damage done to another vehicle or property or person. It does not cover your own van should it be damaged in an accident.
- Fully comprehensive – covers damage to your own van even if it is your fault as well as those things covered by the above two levels of cover.
So what’s the diifference between levels of cover in Van Insurance?
Fully comprehensive van insurance is the most expensive and third party van insurance the cheapest.
How can you get the best quotation for your Van Insurance?
There are numerous insurance companies (including ours) who provide van insurance so it is worth shopping around. To obtain a quote you can either get an insurance broker to research the market, telephone insurance companies yourself or go on the Internet, key ‘van insurance’ into the Google search box and you will be presented with a number of insurance companies who you can contact via the Internet or phone or use a comparison web site who have access to several insurance companies.
We’re convinced you can get a great deal with us!
What influences Van Insurance prices in your quotation?
There are a number of factors that affect the premium. For example, vans are categorized into groups by the Association Of British Insurers ranging from 1 (lowest risk) to 20 (highest risk). The grouping is based on the size and weight of the van as a larger van is more difficult to drive and more costly to repair.
Other factors that affect van insurance premiums are the value of the van, the annual mileage you intend to do, where the van is to be parked overnight, will there be any additional drivers on the policy, your age, sex, location and driving history, the amount of voluntary excess chosen, how many years no claims discount you hold and whether you have any security devices fitted.
You can read some other tips around getting a great deal at the Daily Telegraph website by clicking here.
Optional extras for Van Insurance?
Optional extras include such things as motor legal protection that covers you, for example, to pursue a claim against an un-insured driver. Breakdown cover will potentially help you get on your way quicker should you breakdown on the way to a job.
You should now have a clearer understanding about van insurance.