Claim your no claims
Good drivers with years of no claims bonus are rewarded with lower premiums simply because insurers can see that they’ve not needed to make a claim and are safer to insure. So if you’ve got a decent driving history on your car insurance, ask your provider if they’ll take that into consideration, some companies will ‘mirror’ any no claims bonus that you have built up on your existing car insurance policy. Needless to say, you need to continue to be a good driver in order to keep your halo untarnished – points for speeding and poor driving can affect your premium.
If you don’t have any no claims bonus on your car insurance, you can build up your no claims on your van after a year so you may see some rewards when you come to renew.
A quick and easy way to reduce your van insurance premium is to pay your full insurance premium up front in one go if you can. You may be charged interest if you pay monthly.
Tell people who you are
In most cases pimping up your ride is a bad idea. Anything that’s ‘off spec’ usually increases insurance costs because the more you customise your vehicle, the more expensive and potentially difficult it is to find parts and repair it.
However, if you customise your van with your company logo or advertising then you could attract lower van insurance costs. That’s because thieves are less likely to steal something that can be easily identified. It also demonstrates to insurers that you’re willing to put your money where your mouth is, and invest time and money into your business by shouting about what you do.
Be honest and be accurate
Be upfront about what you’re using your van for, missing important information will be to your detriment if you need to make a claim. You should also try and be as accurate as possible when declaring your mileage, rounding up might be the easy option but it could push you up the pricing scale.
You might be a great driver with a clean licence, but what about someone else who you might want to add as a named driver? Drivers with points and anyone under 25 will push up your premium so you might want to think twice about adding on that 19 year old with a penchant for speedway. However, adding a named driver with a good driving history and clean driving licence may reduce your premium.
Probably the most straightforward way for you to find the right van insurance is to compare insurance providers.
But remember that cheap van insurance isn’t always the best insurance – think about what level of cover you would need if you did make a claim or you could end up paying more in the long run. So why not start today by using our van insurance comparison service to see if you can find the right insurance for you and your van – it’ll be another job well done.