It’s so easy nowadays to browse the internet looking for ‘Cheap Van Insurance’ but it can also be stressful having to look at policy conditions/ exclusions and making sure that you are actually covered on the right basis. We look to help you and understand your needs and what is important to you when buying your van insurance.
It’s so easy nowadays to browse the internet looking for ‘Cheap Van Insurance’ but it can also be stressful having to look at policy conditions/ exclusions and making sure that you are actually covered on the right basis. We look to help you and understand your needs and what is important to you when buying your van insurance.
Depending on your business and individual insurance needs, you can choose from three levels of Van Insurance cover; fully comprehensive, third party, fire and theft and third party only. You can also choose to add on Tool Cover, Vehicle Replacement, Breakdown and Excess Protection Cover.
Third party van insurance will protect you if you injure a third party or damage a third party property but doesn’t not protect you if your van is damaged or you suffer any injuries as a result of an accident. In this situation you will have to pay out on your own to cover any repair costs that may arise as a result of your accident.
Third party fire and theft insurance. This will cover you if your van is stolen or set alight. Although it is not a legal requirement to have this level of cover, we recommend that you look into it if losing your van would mean that your business would have to come to a halt.
Fully comprehensive van cover. This covers you for claims where you are at fault or the blame can’t be allocated to one party or the other.
Fully comprehensive van cover often includes things like a courtesy vehicle if yours is taken off the road and windscreen cover, for example. You are also covered, unlike the previous 2 covers for injuries to yourself and damages to your van. As with the previous level of cover, it is not a legal requirement to have fully comprehensive van cover but it is highly recommended if your van is essential to your business.
Multiple Drivers
If you have multiple drivers of your van, you need to make sure they all have appropriate insurance. You can insure your van for any driver to use, but you will more often than not have to pay more to insure your vehicle. An alternative is to insure your van so any ‘named’ drivers are insured to drive it, this will more often than not be cheaper than insuring your van for any driver.
Gap Insurance
Gap insurance is an optional insurance cover for newer vans. It may pay the difference between the balance of a lease or loan due on a vehicle and what your insurance company pays if the van is considered a covered total loss. You may find that this cover is offered to you when you buy a new van. Experience has shown us that RK Henshall and Co Ltd can often be more competitive than the options available from dealers.
Breakdown Cover
Breakdown cover is a type of insurance you take out in case your vehicle breaks down. It’s sometimes also called breakdown and recovery.
Cover could include:
· Mis fuel
· Roadside Assistance
· Unlimited Roadside Repair Time
· Cover for your vehicle at home
· Recovery to UK destination
· Hire car or alternative transport
Legal Expenses Van Insurance
Motor legal protection covers your legal expenses for any legal action you may take as the result of an accident.
Motor legal protection covers your legal fees, so you can pay for a solicitor to go after a third party on your behalf. This is usually to help you recover out of pocket expenses that a standard policy will not pay out for. These are also known as uninsured losses. Examples of uninsured losses could include:
Having motor legal protection in place allows you to pursue this without the risk of being even more out of pocket.
Tools in Transit
Tools and Own Goods in Transit cover will repair, replace or pay costs incurred for Tools in Transit owned by you, or for which you are responsible, being lost, stolen, destroyed or damaged.
For any aspect of motor cover, please do not hesitate to contact our friendly team today.
R.K. Henshall © 2024
R K Henshall & Co Ltd are Independent Intermediaries and are authorised and regulated by the Financial Conduct Authority. Registration Number: 308865. Directors: J.R. Henshall B.A.(Hons) ACII Cert CII (FS), A.J.Simpson ACII, A.Brown FCCA. Written quotations, policy terms, conditions and exclusions are available on request.
Company Secretary: A.Brown FCCA. Registered No. 01285024
R K Henshall are very proud to support Lupus UK. Lupus UK is a charity very close to our hearts. Unfortunately, Nita Davies who had been a stalwart of our company from it’s very beginning lost her battle against this terrible illness in 2013. Lupus UK is the only National Charity which supports people with the immune system illness. (Registered charity nos. 1051610, SC039682) Click here to read more about Lupus UK.
