While it is possible to bring down costs significantly by taking out a multiple van insurance policy, there are a number of things that should be carefully considered. The first thing to consider is whether you need the same level of cover for all of the vans that your company uses. Are some older than others, or do some regularly carry more precious cargo than others?
This question essentially boils down to whether you are willing to pay for all of your vans to have the level of cover that only some of them need? This is worth some careful consideration, as the savings you could stand to make could potentially go a long way.
The second thing to consider is whether or not in the eyes of an insurance company your workforce is insurable. Most companies will take the people who will be frequently operating the multiple vans into account, and will ask that they are over 25 and have a minimum of two years driving experience. Each driver will obviously also need to hold a full UK license to be able to be included in your van insurance for multiple vans.
Another important consideration is the fact that many companies will ask you to provide details of any previous claims you have made and that this clams record will be taken into consideration when your premiums is being set.
There are a number of measures you can take to reduce the premiums on your multiple van insurance policies; make sure all your vans are fitted with alarms and immobilisers and park them ins a secure place while they are not being used.
Finally, it is important to remember that one of the best ways to save money on your premiums is to compare van insurance quotes from as many providers as possible by shopping around.