Extra tips for cutting your van insurance premium
There are several ways you can help to reduce for your van insurance premium:
Opt for a higher voluntary excess
The excess is the amount you pay out in the event of a claim. You can usually opt to increase the voluntary excess in order to help bring your premium down. Generally insurance companies will believe that you are more likely to drive safely if you are willing to pay such a high voluntary excess.
Prove your van driving experience
If you can show that you have plenty of van driving experience – for example by offering proof that you have driven vans in the past for other companies – this may help you to get a discount on your premium.
Boost your van's security
If you fit your van with approved security devices and safely lock it away at night (rather than parking on the road) this can also help reduce premiums from some insurance providers.
Tell insurers about any no-claims bonuses on other vehicles
Some van insurance providers will take into account any existing no-claims bonus on your personal car insurance policy, and mirror these on your van.
Protect your no-claims bonus
If you pay a bit extra to protect your no-claims, this means that if you need to make a claim you won't lose any of the no-claims bonus you've built up.
Avoid penalty points
Penalty points can mean higher premiums, so make sure you drive safely and avoid them! For example, some van drivers have to tow trailers to carry machinery, and it's important to do this safely and not to exceed the van’s safe towing weight limits, which could result in penalty points. Also, you are involved in an accident when you are towing something dangerously, your van insurer could refuse to pay out for a claim.
As with any insurance, make sure you shop around for the best quotes. Price comparison websites make this job a bit easier by searching several insurance providers in one go, returning a whole bunch of quotes for you to compare - but remember that they don't list every provider out there, so it might be worth doing some additional separate research to check whether they've missed any good deals.