Under UK government legislation it is illegal to own a van that does not have at least third part insurance.
Any van not in use at all has to be declared SORN (Statutory Off-Road Notification) otherwise it needs to be insured. If a van is not insured and not declared SORN then the owner will be liable for a fine.
To help commercial vehicle operators avoid such legal issues, and get the best and lowest-cost deals possible, here is our guide on getting the cheapest van insurance.
Also if you need help getting the best deal on your next van purchase, you can visit Perrys Van Search online right now.
How van insurance works
Van insurance can be broken down into three different categories with three different levels of cover at the most basic level.
The minimum level of required cover is called third party van insurance and this simply covers damage to other drivers or third parties, this is the cheapest of all available.
For a little extra cover a van driver can choose instead to take out third party fire and theft cover which, as you probably figured out, covers the van for theft and fire.
At the top of the van insurance range is a fully comprehensive package which covers against damage to the van and driver even if the driver was at fault for the accident.
Van insurance can also be taken out for couriers to cover the goods in transit and employer’s liability cover. The courier van insurance is ideal for those using the van as a business courier vehicle.
Finally, temporary van insurance can be taken out for those who need a vehicle for a short period. For example if the driver needs a vehicle to move house.
Getting the cheapest deal
Finding cheap van insurance is typically something that requires shopping around online, or on the phone even, to find the best deal.
A quick and simple way to reduce van insurance premiums is to choose a lower form of cover. Of course this increases the risk of being left out of pocket in the event of an accident but it has become common knowledge that third party cover policy will be cheaper than a fully comprehensive van insurance policy.
If this is not an option then you can alternatively go out your way to make the van as secure as possible.
For instance, vans fitted with anti-theft devices will, in general, be cheaper to insure. Parking a van in a locked garage will also reduce the overall cost of the policy.
With more safety features onboard, a van could be seen by the insurance companies as being less of a risk and will therefore offer reduced insurance premiums.
Van drivers who generally travel shorter distances can also cut their insurance premium down by considering a mileage caps. This is when a driver promises to only drive a certain amount of miles during a 12 month period.
This will lower insurance premiums because the less time a van spends on the road the less likely it is that it is involved in an accident.
However, drivers will then have to be wary not to exceed that mileage limit, otherwise they risk invalidating the insurance policy, which can lead on to some unwelcome legal proceedings.
In general though a van driver who is both careful and considerate of how they use their commercial vehicle can certainly find methods to cutting down their insurance premiums.