Van Insurance Guide

If you are looking to insure a van then the chances are that you are a small business owner and will need it to cover you in an emergency and keep your business going. Statistics show that there are over 250,000 road traffic accidents and 300, 000 road related casualties in the UK every year. Around 30% of serious and fatal road accidents involved a someone that was 'at work' at the time.

According to a recent police survey over 47,000 light goods vehicles are stolen each year from British businesses each year. It is estimated that this equates to £150 million in lost assets exclusive of any additional costs such as increased premiums, loss of earnings and alternative transport expenses.

Variances in van insurance
Like that of car insurance, van insurance also has to consider many rating factors before you get a van insurance price. Vehicle weight is an important rating factor; small van insurance will be cheaper than that of transit van insurance, this is due to the smaller van being easier to control so fewer accidents should occur.

Other rating factors are similar to that of cars. People living in cities are thought to be more likely to have an accident, as they will be around more hazards; therefore it is quite usual that a van insurance quote of someone who lives in the city will be higher than that of someone living in a rural location.

Age will also influence the van insurance quote, a young person will be thought of as a higher risk as they will have less driving experience. It is not only the age of the person that is a rating factor with van insurance, also age of the vehicle can be influential.


How to get cheap van insurance:
Choose the smallest weight vehicle possible for you, as small van insurance can be cheap van insurance!

Ensure your vehicle is fitted with alarms and immobilisers as this should help to reduce your van insurance premium.

Usually the older you are the cheaper van insurance quotes you will receive – so grow old!

Prove you have gained experience, some van insurance companies will apply discounts if you can show proof of driving other company vehicles.

Declare your cars No Claims Bonus, some van insurance companies will mirror your No Claims Bonus from your car onto your van, however please note that you cannot transfer this bonus!