A Guide To Van Insurance
When it comes to having a business on the go, many will have a van of some sort, either to transport tools, materials and deliveries from one place to another; as well as ensuring that the tools of your trade travel with you.
Whether your business is plumbing or parcel delivery, you’ll want to ensure that your work vehicle is properly protected against damage from a third party and also from theft, so having a van insurance policy is essential to the day-to-day running of your business.
What Vehicles Can Be Considered A Van?
When it comes to size, there are three classifications of van:
- Small – Small and light vans – including Citroen Berlingo, Renault Kangoo and Vauxhall Combo – these vehicles are normally used by small businesses and tradesman to carry their equipment from workplace to workplace.
- Medium – This includes the familiar Ford Transit van – a favourite of tradesmen for its size and spacious interior that is perfect for storing tools and equipment.
- Large – Usually a little longer and taller than the traditional Transit van, these vans are a favourite mode of transport for those who are moving to a new house, require more space for work equipment or specialise in delivery services.
Whichever size of van you have, you need specialist van insurance to be able to legally drive on the road in the UK. By ensuring you are covered you are helping to reduce your risk factor and also to remain road legal.
Business Or Pleasure?
Most van owners will use their vehicles as either their base of operations or as a support vehicle for their occupation – including plumbers, electricians, carpenters, plasterers, decorators and landscape gardeners – carrying tools and equipment on the road with them as they travel from job to job.
There are three classifications of use for those who drive vans:
- Carriage of own goods cover – Helps to protect tradesmen and their tools against theft and damage.
- Social, domestic and pleasure cover – An all-round policy for those who commute from job to job daily.
As vans are becoming more fuel-efficient, and smaller vans getting more spacious, businesses are now using vans as ‘run-around’ vehicles, so many prefer to take out such policies to cover all bases.
If your business uses several vans, it could be worth talking with your broker about the possibility of adding all your vehicles onto a single fleet insurance policy in order to save money on your premiums.
- Carriage of the goods of others for reward – including couriers, delivery drivers and businesses which deal in produced and then personally shipping their products, including bakeries and other food producers.
What Extra Cover Is Available?
There are also several features you can add to your policy to cut down on costs, including:
- Courtesy car – Helps get you and your equipment back on the road as quickly as possible after an accident by providing an alternative means of transport for yourself and your tools.
- Breakdown cover – Should you break down on the way to a job, such cover will help get your van towed to a nearby garage and repaired to get you back on the road as quickly as possible.
- Tools cover – Helps to cover your tools and equipment against theft and loss if damaged during an accident for which you were not at fault.
- Liability insurance – Public liability insurance helps protect you against third party claims relating to material or body damage.
If you employ staff you need to investigate getting some Employers’ Liability Insurance as well, to protect you from claims made by employees who fall ill whilst on the job.
- Goods In Transit insurance – protects yours and third parties’ goods against claims of damage sustained in transit. See more information here.
Looking after your work vehicle is essential, for any time spent off the road will be costing you money in lost business while repairs are taking place.
Looking for a better deal on your van insurance? Pop in a few details about you and your vehicle usage and Finance.co.uk will search our network of brokers to find you the best deal.