Van Insurance UK
Van insurance or commercial vehicle insurance is a must for anyone running a business or using a van. However, this segment of the insurance market is diversified into many sub-segments, so there is a need to make sure you look at the insurance policy that best suits your particular needs. Insurance companies will have specific cover for couriers, delivery bikes, passengers and vans for personal use, so make sure you look for a van insurance policy that covers you for the purpose your are using your van for.
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Most commercial vehicle insurance policies are extremely specific and will have specific exclusions as well. Because of this, it is especially important that you read the fine print, ask any questions and be thorough before signing a van insurance policy. You don't want to be involved in an accident, only to find out that you are not covered because of some exclusion policy. For example, van insurance companies will make a distinction between the carriage of goods and carriage of people. Therefore, if you buy insurance only for carriage of goods (some insurance companies will even make a further distinction between carriage of your own goods versus the goods of someone else, excluding one or the other out of the insurance policy) and are involved in an accident while carrying passengers, you will most likely not be covered by your insurance. Other common exclusions are business use versus personal use. A commercial vehicle insurance policy may only cover the use or your van for business purposes and if you are involved in an accident while driving the van on personal business or on personal time, you may not be covered. If you need coverage of your van for personal use as well, make sure you mention this to your insurance company prior to buying the coverage, as this may alter your premium.
Another important fact when considering van insurance is that many insurance policies will only cover specifically named drivers. This means that not anyone in your family or company can drive the van, unless they are specifically named on the policy. Make sure you are clear about who is and is not insured to drive the van. Don't cut corners on naming additional drivers to save on insurance, as an accident involving an uncovered driver is going to cost you a hundred times more than what you saved on your insurance premium!
