Do you need van insurance for your company van? If so, finding the right business van insurance at the right price is crucial.
With dozens of commercial van insurance policies on the market it can be difficult to establish which gives you the best van cover for your business.
What should you be looking for when you undertake a commercial van insurance comparison? And how do you make sure you find the very cheapest commercial van insurance? We explain.
What to look for when you compare personal and company van insurance
If you are looking for van insurance for business it's vital that you protect both your van and your company finances against the risk of a claim.
Here are some tips to help you find the right policy:
- Make sure you get the right type of cover. Some personal van insurance policies won't cover you for business use so you will need to look specifically for commercial van cover
- Ensure you accurately estimate the mileage the company van will be travelling each year
- Check the level of cover each policy you look at extends to both personal belongings and business belongings kept in the van
- Make sure all drivers are covered. If your commercial vehicle is likely to be driven by various different people then a commercial van insurance any driver policy is likely to be more appropriate
- If you are a company with more than one commercial vehicle then the ideal van insurance for business deal may offer a multi-van discount for insuring more than one van under the policy
- Are you looking for third party or comprehensive insurance? Make sure your commercial van insurance comparison is for the type of cover you want
- Make sure the policy you’re considering doesn’t have restrictions on the weight or the value of your van (or if it does check that your van is within the limits)
Finding the cheapest commercial van insurance
The easiest and fastest way to find the cheapest commercial van insurance for your company van is to compare quotes online.
You should get company van insurance quotes from as many different van insurers as possible when you make a commercial van insurance comparison. This will give you the best chance of finding a van insurance policy that gives you value for money.
When you're carrying out your comparison you shoul compare both the price and the level of protection offered by each van insurance policy.
While your priority may be to reduce the cost of your van insurance it’s also important that your chosen policy offers all the protection you need.
Remember that the cheapest policy may prove to be false economy if it won’t pay out when you make a claim.
For example, the very cheapest commercial van insurance policy may not include a replacement vehicle. This means that you won’t benefit from the use of a van on a temporary basis whilst yours is off the road.
