Van Insurance do’s and don’ts

A business that utilises vans knows that it is very important to have them insured. Not only will you be free of any headaches in the future if the vehicle is involved in any accidents, but having van insurance is a prerequisite with its registration. Driving around UK without any van insurance is illegal.

The van insurance you purchase must be one that’s within your budget and have the adequate coverage. You don’t want to be wasting vital company funds in a policy that’s too pricey yet has a small coverage area. Keep these tips in mind when you’re in the process of comparing van insurance.

You must already have an idea of what insurance your vehicle needs. Basic insurance coverage includes protection of the van, its drivers, and other property or people that could be involved in a collision. Then business owners must also think of getting cargo or content insurance to cover the property inside the vehicle against damage or theft. 

Van insurance also depends on your business type, whether it’s private, sole trader or business van use. Another factor is whether it will be used locally or on other European countries as well. There are lots of policy types as well such as third party, fire, theft and comprehensive coverage.

First of all make the search engine your friend. Looking for van insurance online is more convenient than personally go to an insurance company office. Search for insurance companies that offer multiple quotes for your van. This can save you time. Instead of going to different web sites and getting quotes from each one of them, you can go to a single web site to get a variety of quotes that you can choose from. This saves you both time and effort.

When you get all the quotes, don’t just look at the prices. One might be attractive because it’s the cheapest but it might not include coverage that you need. Also look at the different features that come with the plans. Each plan might be unique so it is important to peruse each and every one of them. Weigh out the pros and cons of each. This process might be the most time consuming but it’s essential for you to come out with the best van insurance that’s appropriate for your needs.

There is some special coverage that business owners must be aware of. There’s the non-owned vehicle coverage the gives protection to the named insured driver but doesn’t own the said vehicle. Owners can also opt to get a policy that would allow any number of authorized drivers to operate the van. Discount could be gotten if employees most likely to drive the van are named in the policy. There is also coverage for equipments installed in the vehicle. Then the business owner can also insure the contents of the van especially if these are expensive like power tools.

One of the qualifications for van insurance is that it must be the best all around deal than the rest. This means that not only does it fits your budget but it also offers the best coverage for that price. This van insurance is usually not the lowest priced among your quotes.