Finance >> Van Insurance

Van Insurance


Anyone owning a van will know the risk of running any business with a van as the pivot. Therefore it becomes mandatory to have Van Insurance. It will ensure that the van owner will be at peace when he is out of town and all the risks of owning a van will be taken care of by the insurance he has taken.

Vans can be used for many purposes. Some of them are
  1. For Family reasons – some people use vans like sedans to carry their whole family. The vans can be customized to suit the personal needs of the family
  2. As a simple means of transport – in businesses that need pick up and drop of goods
  3. To transport merchandise – moving merchandise from one point to another, vans are required
Commercial and Domestic Insurance

Vans which are used to carry only family members and are used only for domestic purpose can be insured in the same way. Whereas the vans used commercially should have insurance with premium which are higher and more expensive than the regular insurance. The higher insurance premiums are due to the fact that these vehicles are at a higher risk than the private vehicles.

What is the need to insure?

Let us take an example when your merchandise is broken due to a collision or there was delay in delivery of goods due to engine trouble. Such events are likely to happen in any type of business. Though these problems are common all along, it is very obvious that the driver has to be paid for his services and the goods which were to be delivered should be done afresh. All this adds to the increased expenses. That is the reason the premiums for van insurance are very high. The cost are even more higher in commercial vans.

Even though the costs are high, van insurance takes care of all the stresses in any untoward incident. Besides financial protection the policyholder also gets emotional buffer in case of any mishap.

The other benefit of van insurance is the replacement vehicle in case of accidents. The replacement vehicle helps in delivery of goods and helps the company in retaining its reputation which is at stake in case of any delay in delivery of goods. The reputation of the business and the business owner are hence protected.

Companies that offer Van Insurance in United Kingdom are Tesco Van Insurance, Churchhill, Privelege, Kwikfit, Zurich, Directline and Direct Hastings.

Some Safety Factors to be Taken Care of:
  • Always insure additional drivers because uncovered drivers in an accident can cost more than the premiums which you paid.
  • Never leave the keys in your van. The staff of any business should also be aware of the fact that insurance company will not pay for any theft due to carelessness on the part of the policyholder or driver.
  • Standard Van Insurance policies do not cover the contents of the van. Hence you should upgrade your policy so that you can get replacement of tools.
  • The success or failure of any business depends on the safety and good working condition of its vans. So insure today to be safe.
Go online and cut the costs with Van Insurance

Finding the right van insurance these days can be a bit of exercise. Largely because the market in UK is flooded with insurance companies and each promises the moon. You can find aggressive advertisements (in the print and electronic media) with each advertiser claiming their insurance policies to be the best in world. The plentiful options have put people seeking for good van insurance policies at sea.

Choosing the best insurance coverage and that too at reasonable cost is very important. With the cost of gas and other things rising, van owners simply can’t afford to pay extra on insurance. It can completely put their budget out of shape. However, there are certain things which people who are in need of Van Insurance can do to minimize their costs. Here are a few tips on finding a low cost van insurance policy:-
  • Understand your requirements - The quest for van insurance at low rates begins from understanding the kind of insurance coverage you need. It depends on who drives the vehicle, condition of your vehicle and similar things. Answers to the above and many such questions will help you identify the kind of coverage you might need. This will also help the company representative to suggest you a plan which meets your requirements and in return will save a lot of money.
  • Research online - The advent of Internet has metamorphosed the way we shop. Almost all insurance providers, in and around UK, provide online insurance policies. Those who don’t, have their websites which provides information on insurance plans and rates. Make a generic search online to get access to online insurance companies. Most of them have facilities where you can get instant quotes on policies. Get these insurance quotes and compare the Van Insurance plans of various providers.
  • Comparison websites - If you are still in doubt on the selection of right insurance policy for your vehicle then take the help of comparison websites where you can easily compare van insurance policies of various companies and select the best one.
  • Buy online - The companies who provide insurance policies online save a lot in operational costs and some of them do pass it on to customers. Therefore, negotiate with the providers on premium rates and then apply for an online insurance and.
The above tips will certainly help you in finding the best Van Insurance Coverage. However, it’s important to verify the claims of the company before signing the deal. Verify, whether they have necessary accreditation for selling insurance? Do they settle all claims on time? Some verification in the beginning can save you from future problems. So, the next time you need a low cost Van Insurance policy…you now know how to get it!