Insuring your van may appear to be a complex maze that you really don’t want to have to negotiate because of all the different options, but if you take some time to so a little research, you could find that you can reduce your costs and actually get some budgetthat suits you perfectly.
There are ways of immediately reducing costs by keeping what is insured to an absolute minimum, such as deciding to go for Third Party Only instead of Comprehensive cover, but before you choose this option, consider whether this is actually a false economy. TPO means you will not be able to claim for anything that happens to your van, only any other parties what are involved and could result in costing you a fortune.
Keeping who drives your van to a minimum will make sure that your costs are reduced, particularly if other drivers are young or inexperienced.
If you have the maximum no claims bonus, it may be worth spending a little more to protect it; this may seem like an odd thing to do if you are trying to reduce costs, but in the long term, it could save you quite a bit if you need to make a claim.
Opting for a higher voluntary excess can save you some money on your. The lower this figure is, the more premium you will have to pay. Obviously, you need to consider the overall benefits of this: if you need to make a claim will you be able to cover the excess. Things to take into consideration before deciding on this are the age of the van and whether it would be viable to get it repaired should the worst happen.
The size of your van will make a difference to the size of your premium; the bigger the van the more you will have to pay, so consider whether you really need a huge van or if your business could manage with a smaller one.
Basically, the key to getting good budget van insurance is to know what it is you are being asked to pay for and deciding whether you actually need it. For example, if your van is not your only vehicle, do you need to pay extra to get a courtesy vehicle?