17 Ways to Save on Van Insurance
As all vans in the UK must be insured to use the roads, a big, competitive van insurance industry has sprung up to provide cover for these
ever-present highway workhorses. But this competition doesn't necessarily make van insurance particularly cheap. Therefore, before coughing up for
next year's cover, check out these tips that, with any luck, could help slash the costs of your van insurance.
But before doing so, it's important to realise that getting the right price isn't just about getting cheap quotes, it's also about getting the most suitable
insurance for your van. Therefore, these tips are also aimed at ensuring you remain adequately covered and protected against the most likely
eventualities that may affect your van.
1.Increase your voluntary excess
In the event of a claim, voluntary excess is the portion of that claim which you agree to pay. Upping the excess will lower your van insurance
premiums, but remember that the higher the excess, the more you'll have to pay following a claimable incident. To learn more about voluntary excess,
check out our article The Excess Factor.
2.Make your van more secure
There are several ways to help stop your van from being stolen or broken into, and each one could lower van insurance premiums. Security measures
include fitting an alarm, immobiliser, tracker, teering/gear stick/handbrake lock, or getting the van security etched/marked, and parking your van in a
secure location overnight, such as a secure car park or garage. For more on vehicle security, take a look at 8 Great Car Security Tips.
3. Prove you're a good driver - declare any no claims bonus
If you have a proven history of claims-free driving, whether it's for another company vehicle or for your own car, then tell the insurance company as
they may rate you as a lower risk and reduce the premiums. Some van insurers will "mirror" an existing no-claims bonus (NCB) that's been built up on
your car - i.e. apply your car's NCB discount to the van - resulting in cheaper premiums. I