Van Insurance - A Buyers Guide

Looking for van insurance can be a rather difficult task at the best
of times, especially if you're phoning around for quotes from many
different companies. Fortunately the internet has made this a much
easier task with the introduction of online brokers and comparison
websites who can find you van insurance quotes within seconds of
applying.Insurance firms take a number of different factors into
account when finding you a quote, including:� Weight of the vehicle�
Where it's located and driven� Age of vehicle� Experience of the
driver or drivers using itLike any form of vehicle cover it's a legal
requirement to insure your van appropriately and with the level of
cover it needs. Any van that is operated by your firm should have, at
the very minimum, third-party insurance. However, depending on your
business, higher levels of van insurance cover are recommended.Take a
look at just some of the other options available to you:Fire and
Theft: This is essential cover should a fire break-out, through no
fault of your own, or your van is stolen. It really is worth paying
out the extra money for this kind of cover. For many small business
owners a van is an integral part of their business operations and few
can do without it.Breakdown cover: Having breakdown cover, many would
argue, is common sense. It could potentially cost you a lot more to
get your van towed off the motorway than paying-out for this kind of
cover for your vehicle.Goods in Transit: This is important cover if
your van is carrying expensive stock or equipment around. Should stock
or equipment get destroyed or be stolen on the way to a job this could
potentially cost your business a lot of money. Goods in Transit
insurance can cover the value of stock and equipment your van
carries.What details should you watch out for before signing, take a
look at our check-list:
Policy coverage. Does your van insurance
policy cover the kind of work your company carries out? The policy
should be tailored for your business' individual requirements.
Amount of Excess. An excess will be expected to be paid up-front and
can range from anything from �50 - �500. Should you choose to pay the
larger amount of excess your policy will prove cheaper, however, it's
worth bearing in mind that you will receive less money should
something happen and you need to make a claim.
No Claims Discount. A no claims discount can be built up for your van
in exactly the same way as our car. It's worth bearing in mind that
should your business start operating multiple vehicles there is a
heightened chance that claims will increase.There are a number of
other areas that should be checked, including rules regarding driving
your van outside of the UK and the indemnity limit set out by the
insurance company.