Van Insurance for Companies
If you run a fleet of vans or are solely a "man with a van", then you'll need a competitive company van insurance quote to ensure you get the right cover in the event of an accident.
Cheaper premiums providing excellent cover may be available from the specialist brokers, but all major insurance companies insure vans with competitive rates. Therefore, it's best to seek out the services of one of the leading comparison websites to get a whole market view.
Types of Company Van Insurance
Company van insurance policies are different from car insurance policies as you are delivering goods and packages or carrying expensive tools for your trade. Therefore, your insurance not only covers you for accidents against other vehicles and pedestrians but for the stock and goods you are moving.
Third-Party Fire and Theft
Most cover provided is reasonably standard, and much like car insurance, you can just get cover for third-party claims with fire and theft damage for losses caused by other people.
For total protection, a comprehensive policy covers you for accidental damage to your van plus personal belongings, medical expenses and individual accident cover. This extended assurance is essential if your vehicle is your business lifeline as most insurers will provide a hire van while yours is in for repair.
Your insurance company will class your van is a goods vehicle rather than a passenger vehicle so should not be designed to carry more than four people and is less than 3.5 tonnes in gross weight.
Other Types of Insurance Protection
Apart from van insurance, your company could require the following types of insurance products:
- Employers' Liability
- Public Liability
- Professional Indemnity
- General Office
- Commercial Legal Protection
Here they are in more detail:
If you employee staff, then you should have Employers' Liability Insurance as required by UK law. Public Liability Insurance protects you against claims for injury and accidents to third-parties at your place of work or when you are delivering parcels to your customers. It's prudent to find a policy to cover you against these eventualities.
Professional indemnity insurance covers you against errors of judgement when providing professional advice. It's unlikely a courier business requires this type of cover.
Additional Services Worth Noting
Not all van insurance companies are the same, and it's worth thinking about what services you require, for example:
- A UK call centre with a 24-hour hotline.
- Legal protection cover (often optional).
- Windscreen repair which doesn't affect your no-claims bonus (NCB).
- Can you use your car insurance no-claims discount history to reduce your premium?
- Named driver no claims discount.
- Discounts available for multiple vans. If you run a fleet of company vans, then you'll want a reduction if you insure more than one vehicle.
- Breakdown cover.
Most van insurers are for commercial vans rather than a private van. That means this insurance is not for taxi companies and won't insure you if you are in the entertainment business generally because of the nature of the equipment carried. But if you're in general business areas then these policies are for your business.
Simply compare van insurance policy wording when you land on any of the insurers we recommend below to see what they are offering against your expectations.
Recommended Company Van Insurance Companies
We've chosen three companies that you can get free online quotes and instant cover for your company van.
By using Quotezone, you get to compare all the major insurance companies in one place. These include More Than (MORE TH>N), Hastings, Gladiator, Autonet and Budget.
Get your comparison quote at Quotezone and see how much you could save.
Direct Line Company Van Insurance
Direct Line company van insurance offer excellent rates and cover for company vans and throw in numerous benefits and special offers. Additionally, if you have more than one company van, you'll get an additional 10% discount. As this insurer isn't on the price comparison websites, you should check them out directly. It's easy to get a quote, and there are just a couple of questions to complete.
eVan Company Van Insurance
With eVan insurance you get loads of unique benefits including protected NCD, breakdown cover, legal expenses and European cover included as standard. You can efficiently manage your account online, and a quote is easy to get in a matter of minutes.