How to get better van insurance for less.
The cost of motor insurance can be attributed to five main factors:
- Driver (age, driving experience, points on license etc.)
- Van (what is the insurance group of the van)
- Location (post code, is the car parked in a garage etc.)
- Usage (private or business use)
- The Insurance Company (what is the insurer's specialist area?)
Moving house or commercial premises in order to lower your premium is perhaps a little drastic. However, there are steps you may be able to take that can reduce your premium:
- Voluntary Excess - agree to increase the excess you would pay in the event of a claim being made.
- Security - have a Thatcham approved immobiliser and alarm installed.
- Limit Mileage - agree to limit the number of miles you will drive
Premiums can vary considerably from one insurer to the next. The answer is to shop around in order to find the best deal available.
