- Where you live: If you’re based in an area with a high crime rate, then you might be charged more for your insurance as there’s a greater likelihood of you needing to make a claim.
- Parking: Leaving your van in a locked garage is considered safer than parking it on the street and could result in a lower premium.
- Named drivers: If you have several employees who might need to drive your van, you could save money by naming them individually on a policy, rather than opting for ‘any driver’ insurance. Generally, the fewer drivers you have on your policy, the lower the impact on your premium will be.
- Your voluntary excess: When you make a claim, you’ll need to pay a certain amount towards it – known as the excess. If you choose to pay a higher voluntary excess, you could reduce your premium. Just be sure you can afford the voluntary excess, as well as the compulsory excess set by your insurance provider, if you make a claim.
- How you pay: If you can afford to pay for your van insurance in one lump sum rather than by spreading the cost over a year, you could save money as your provider may charge you interest on the monthly payments.
One of the easiest ways to find competitive van insurance is to compare quotes from different insurance providers. Whether you want to beat your current provider’s renewal quote or insure a new vehicle, our straightforward price comparison service could help you find a cheaper van insurance deal.