We are delighted to offer you a van insurance comparison tool that could save you £348!*
If you own or have use of a van you’ll know just how useful they can be, indeed some people would be completely isolated without one. You may also know that having a valid insurance policy for that van is a mandatory legal requirement in the UK. So knowing exactly what van insurance is and why you need it, and the best place to go to compare van insurance quotes, it may help when factoring in the cost of the premium.
We know that there can be a lot of terminology to get through when researching insurance, that’s why we’ve laid out some of the more common questions customers have before buying van insurance. Once you’re ready, simply complete your details on the online form below to obtain and compare the quotations from multiple van insurance providers through one of the UK's leading van insurance comparison sites.
Startrescue.co.uk have selected QuoteZone.co.uk but do not offer any recommendations and/or advice, nor sell van insurance or any products available via the Quotezone.co.uk comparison tool. If by using the QuoteZone.co.uk comparison tool you find a suitable product which meets your demands and needs and you decide to proceed with an application, you will be dealing directly with the product provider. Any contract will be between you and the chosen provider and not startrescue.co.uk.
You’ll need van insurance if you use your van privately for commuting or social reasons, if you use it as a sole trader, or if your van is part of a business. It is there to protect your van against vandalism, theft and damage, as well as covering the costs if you injure another person or damage their property.
You can have a personal van insurance policy if you only use it privately.
You will require a commercial van insurance policy if your van is used for business purposes.
If you use your company van to carry tools, materials, or goods relating to your work, you need commercial van insurance that provides you with carriage of goods cover (which is explained in more details in the 'What Type of Van Insurance Do I Need?' section below).
There are three different levels of van insurance available.
Fully Comprehensive Van Insurance
This level of cover provides protection for your van, your passengers and yours and your passenger’s property. It covers theft, vandalism and fire, as well as providing protection if any third parties are involved in accident that is deemed your fault.
Third-Party Fire & Theft
This cover provides protection for your van against theft and damage caused by fire, as well as covering the cost of any damage to a third party and their property caused in an accident if deemed your fault. You cannot claim for any damage to your van caused in accident where you have been proven guilty.
This level of cover is the minimum legal requirement van insurance. It only covers your liability for injury others and damage to their property.
Unlike car insurance, you will also need to decide on how you use your van and what type of van insurance you need.
Provides basic cover for your van, but can also include cover for any belongings kept in your van.
This type of cover is needed if you are carrying and delivering other people’s goods. The policy doesn’t usually cover the goods that will be in transit.
If you need to cover the items that you’re couriering you will require a goods-in-transit policy. You will need to disclose the types of items you will be carrying and the premium will reflect this. You will only be able to carry the goods that your insurer has allowed.
Pick-ups are not generally covered under car insurance so you will need a specific van insurance policy.
Just like car insurance, it can prove worthwhile to follow a few tips and tricks to lower your van insurance policy. If you’d like to see if you can get cheap van insurance and save a few pennies, then take a look at the below.
Compare Van Insurance
The first thing to do if you want to lower your premium is to shop around for the best price. Don’t fall into the auto-renewal trap, instead use an online van insurance comparison site that will compare van insurance like the one that we've embedded above.
If you can afford to, pay for your van insurance annually. This will mean that you don’t have to set up a direct debit and pay for the additional charges that this invariably entails.
Pay For What You Need
For cheaper van insurance premiums, if you only need the basic cover then just buy the basic cover. Think hard about if you require any potentially costly extras that will be offered.
Remember to be accurate about your occupation as this can play a big role in either lowering or raising your premium.
Calculate an accurate estimate of your mileage and see if you are able to reduce it in any way. Fewer miles throughout the year means that you’ll become less of a risk and the cost of insurance may go down.
Additional security features, such as immobilisers and alarms can help to reduce premiums as your vehicle will be seen as less of a risk by insurers.
In order to get an accurate van insurance quote, you will require a number of details:
We will need the details of the driver and any additional drivers to be added to the policy. We will need your licence details, employment status, previous claims and/or convictions and any no-claims bonus.
Model, registration plate, fuel type, modifications and additional security features.
How you will use your vehicle, whether personal or business use and your estimated annual mileage.
It is a legal necessity to insure your van if it is in use and not declared SORN (Statutory Off Road Notification). If your van is not protected by a valid insurance policy you could be liable to pay a fine of up to £1,000 and even have your van seized and destroyed.
Under the Continuous Insurance Enforcement (CIE) legislation in place since 2011 it has been a legal offence to be a registered keeper of a van that is not SORN and not have it insured with at least a Third Party policy.
Insurance companies cover vans up to 3.5 tonnes, but some will insure vans of up to 7.5 tonnes. Most types of van will be covered by insurers, including:
A no-claims discount or no-claims bonus is a way for insurers to reward customers that do not make a claim on their policies. You are able to build your no-claims bonus by not claiming on your van insurance policy each year. The more years no-claims bonus you accrue the more you are likely to save on your van insurance renewal.
You may be in a position that you will need to include multiple additional drivers to your van insurance, especially in the case of company van insurance, where your business may require it. If you do need to insure more than one driver you have two van insurance options available.
Named policies – allows one named driver to include up to four additional drivers.
Any driver insurance – covers a number of un-named drivers. Although this won’t allow any driver to drive the van and limitations will be put in to place by the insurer.
Van insurance premiums are calculated using numerous factors to assess the risk to the insurer. The variables in question are:
The more claims you have made in the last 5 years the more likely your insurance costs will increase.
Drivers with motoring convictions are considered to be of a higher risk and will therefore likely be charged a higher premium. If you fail to disclose the details of any driving convictions your insurance policy may be invalid as well as any future claims.
Any additional driver’s history will also be assessed. So younger drivers, or those with previous claims/convictions are likely to drive up premiums.
Certain jobs are seen to carry a higher risk than others. Those that carry goods, entertainers, sportspeople and chefs are occupations that can increase van insurance costs.
If your licence does not have a medical restriction then insurers cannot charge extra. However, if a medical condition is detailed on you licence then insurers may take this into consideration when calculating your premium.
The more miles you drive in a year, the more time you will spend on the road which increases the chances of being involved in an accident.
More expensive vans usually cost more to insure than lower-priced vans.
Age of Van
Older vans are usually less likely to be stolen and they’re also more likely to be cheaper to repair.
Specific areas are statistically more likely to generate van insurance claims due to accidents or van theft. Premiums in cities, for example, are higher due to a high volume of traffic which increases the chance of an accident.
How you use your van on a day-to-day basis will affect the insurance premium you will be quoted. Those that only use their vans for social reasons will pay less than those that use it for social and business reasons.
Compulsory excess is one of two types of excess required with a van insurance policy, the other being voluntary excess. Compulsory excess is a fixed amount charged by your insurer when making a claim – it is required in order for the insurer to release the remaining money needed to complete the claim.
You will be able to select to apply a voluntary excess when obtaining a quote for your van insurance from our online van insurance comparison site. Voluntary excess is the amount of excess that is set by you before purchasing a van insurance policy. The more voluntary excess you are willing to pay the lower your van insurance premium. However, you need to make sure you can cover this excess if you need to make a claim.
So, if you made a claim worth £2,000, your compulsory excess was £100 and your voluntary excess was £150 you would need to pay a total of £250 excess and your insurer would pay the remaining £1,750.
*51% of consumers could save £348.62 on their van insurance. The saving was calculated by comparing the cheapest price found with the average of the next eight cheapest prices quoted by insurance providers on Seopa Ltd’s insurance comparison website (based on representative cost savings data for January 2021). The savings you could achieve are dependent on your individual circumstances.