Generally speaking, there are three different types of policy to be considered when looking for van insurance for any driver:
- Third party cover will protect you from damage to your own vehicle by another driver. This is the least amount of insurance you can purchase on the road in the UK.
- Third party, fire and theft, covers you as before but with the added benefit of protection from fire damage, lightning and theft.
- Fully comprehensive is the most extensive cover you can get. It will protect you from all of the above including accidental damage and vandalism. Some comprehensive policies also include cover for any driving using the vehicle in the event of any accidents.
When attempting to find a suitable policy, it is important to remember that all insurers will be risk averse when assessing customers on the cost of their insurance. This being said, customers should consider the following factors:
Any previous convictions, points or penalties on their license, may often increase the cost of premiums
Claims history and their previous driving record, customers who have claimed in the past will typically be expected to pay more for their cover
Choosing a higher voluntary excess may reduce the cost of premiums, but will of course increase the cost of making a claim in the event of an accident
Although policies do differ across the board, it is possible for any driver to find van insurance that is competitively priced. There are many insurance providers that offer reasonable quotes, so it is important to search for a few and compare premiums and cover.