Category Archives: Insurance

A Guide to Truck Insurance

Whether you own one truck or a fleet, you need to make sure you have the right protection in place.

Below is a guide to truck insurance to help you out.

Types of truck insurance

  • Road risks – Road risks will make sure your trucks are road legal and so getting this type of cover is a necessity. If you only want minimal protection then you can get a third party only policy, however this doesn’t provide any cover for your own trucks. A comprehensive policy will provide cover for all types of collisions, even those that you or your drivers are liable for.
  • Fleet insurance – If you have multiple trucks that you want to insure then you can get a fleet insurance policy.
  • Liability claims – Liability claims are something that every company must be protected against. If a liability claim were to go against your company and you didn’t have the right cover in place then it could be devastating.
  • Legal expenses – If you needed to fight a liability claim in court then having this type of cover would ensure that the legal expenses involved would be taken care of.
  • Breakdowns – Breakdown recovery is certainly a vital type of cover to have when insuring trucks. You’ll be able to have it included as part of your insurance if you don’t already have it.

Ways to save money on truck insurance

  • Pay upfront – If you can pay for your truck insurance annually rather than monthly then this is a great way to make a saving. Most insurance providers prefer when you pay for your policy upfront and in the majority of cases, you’ll be offered a significant discount on the policy for doing this.
  • Get a lot of quotes – Getting quotes is now easier than ever thanks to sites like https://www.cleangreencars.co.uk/. Using such sites enables you to get quotes from different insurance providers simply by filling out one quote form.
  • Hire good drivers – Hiring good drivers is another excellent way to save money on truck insurance. Good drivers to hire are those who are over the age of 30, who have plenty of truck driving experience and don’t have any driving convictions.

Insuring a Fleet of Vans

Many businesses rely on the use of vans for day-to-day operations. If you own a fleet of vans then you’ll want to take any steps you can to keep insurance costs to a minimum.

One of the best ways to cut down costs when you have multiple vans to insure is by getting a van fleet insurance policy. This enables you to insure all your vans together, even if they’re not the same size, model, value etc.

Below are some of the most important things you need to know about van fleet insurance.

Factors that will affect cost

  • Value of the vans – The value of the vans in your fleet will certainly have an impact on the cost of your insurance.
  • Age of named drivers – When hiring drivers, you should always hire over 25, and ideally over 30. This is because insurance costs lower significantly for more experienced drivers.
  • Security – How secure your vans are will certainly impact the cost of your van fleet insurance. As well as making the vans themselves secure, you should also secure your premises by installing CCTV, security lights and perimeter security measures such as spikes or barbed wire.

Saving money

  • Increase excess – Increasing your excess will certainly help to lower the cost of your premium. How much you increase your excess by will depend on how much of a risk you want to take since you will need to pay the extra eventually if you need to make a claim.
  • Make your vans secure – Another way to lower the cost of your insurance is to make your vans as secure as possible. Most modern vans already come with an alarm and immobiliser but you needn’t stop there. You should also think about getting GPS trackers installed in your vans, which will make them much easier to recover if stolen.
  • Pay for the policy annually – Paying for your policy annually rather than monthly is another very reliable way to make a saving on van fleet insurance, although you will obviously end up paying more at the beginning.
  • Get quotes from different providers – Getting quotes from multiple providers is a very obvious way to save money on insurance. It’s also very easy to do thanks to the many insurance comparison sites that now exist.

 

Getting Van Insurance When You Have a Drink Driving Conviction

If you have recently been convicted of drink driving and you rely on the use of your van to make a living then you’re likely very concerned about the impact your conviction is going to have on your ability to get insurance at a reasonable price.

It’s certainly the case that a drink driving conviction will mean you’re considered higher risk by a lot of insurance providers and therefore you can expect to pay more. However the fact that you have a conviction doesn’t mean that finding van insurance will be impossible.

Do you have to declare your conviction to insurance providers?

Whether you are obligated to declare your conviction to insurance providers will depend on the severity of the punishment you received for your conviction. The punishment around drink driving tends to vary a lot depending on factors such as how much you’d had to drink, whether anyone else was hurt etc.

For less severe punishments, such as a fine or community service, then your conviction will be spent fairly quickly. When your conviction is spent, this is when you are no longer obligated to declare it yourself. This doesn’t mean that insurance providers wouldn’t be able to find out about it though

Click here for a full list of endorsement codes, including those for drink driving.

Where can I find specialist cover?

Getting quotes online is very simple. Sites like http://www.convictioninsure.co.uk make it very easy to get van insurance quotes from specialist convicted drivers insurance providers. Getting cover from specialist providers is always recommended when you have a drink driving conviction since they are equipped to deal with your unique circumstances.

Are there any good ways to save money?

Below are some of the best ways you can save money on van insurance –

  • Make your van secure – Making your van secure will definitely help to reduce what you pay for insurance. It will also help a lot if you have a driveway or garage to park your van when not in use.
  • Limit the cover options – Getting a third party only policy is always considerably cheaper than getting fully comprehensive cover, even if it doesn’t provide any protection for your own vehicle.
  • Increase your excess – Increasing the excess you’d pay if you had to make a claim is another very reliable way to reduce the cost of your premium.

Converting Your Van Into a Minibus

If you own a van then might not be aware that you have the option to convert it into a minibus. Whilst this would take quite a bit of work and expense, it does save you having to buy a new minibus, which can be considerably expensive.

Below are some of the main reasons to consider converting your van into a minibus as well as some tips to save money on insurance.

Why convert your van to a minibus?

  • More space for passengers – One of the most obvious reasons to convert your van into a minibus is so you have more room for passengers. If you have a large family or you often need to transport your kids and their friends places then having a minibus is an excellent way to ensure there’s enough room for everyone.
  • Work as a minibus taxi driver – Another great reason to convert your van into a minibus is so you can work as a taxi driver. In order to do this, you will need to have a private hire taxi driver’s licence as well as getting your own taxi driver’s insurance.

How to go about it

If you’ve decided that you do want to convert your van into a minibus then it’s usually recommended that you hire a professional company to do this for you. This way you can be sure that everything is fitted properly and that your vehicle is safe to drive.

The second option is to tackle the conversion yourself, although this is only recommended if you have previous experience with conversions or at least have a good amount of experience with carpentry. Bear in mind that you will also need to abide by the safety regulations in order for your van to be road legal.

Saving money on insurance

Once your vehicle is legally considered to be a minibus you’ll then need to get the right kind of cover. The type of cover will depend on how you use your minibus. If it’s for a personal use only then a standard minibus insurance policy will suffice.

If you intended to use your minibus to work as a taxi driver then you’ll need to get a private hire taxi driver’s insurance policy.

Always be sure to get multiple quotes when looking for taxi insurance so you get the best price.

Saving Money on Van Fleet Insurance

If you run a business that relies on the use of vans then you’ll know that insurance costs can soon add up. Not only do you have to think about insuring your premises but you also need to insure the vans themselves.

Most companies that have multiple vans will insure them as a fleet since this is nearly always cheaper and more convenient that insuring them separately. Although insuring vans as a fleet is cheaper, there still might be steps you could take in order to reduce the cost of your insurance.

With this in mind, below are some of the best ways you can save money on van fleet insurance.

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  • Hire the right drivers – Hiring reliable drivers is one of the best ways you can keep the costs of van fleet insurance to a minimum. When insurance providers are calculating the cost of your policy they will take many factors into account. These include how secure your vans are, where they’re parked when not in use as well as the named drivers. By hiring experienced drivers who are over the age of 25, you can help to cut the cost of your insurance considerably.
  • Pay upfront – Paying for your van fleet insurance upfront might not sound too appealing since you’re certainly going to pay a larger amount upfront compared to paying monthly. However the big advantage of paying annually is that it puts you in an excellent negotiating position to get a lower rate for the policy. Insurance providers always prefer when you pay more initially so you should push to get the biggest discount you can.
  • Secure your vehicles – Another great way to save on van fleet insurance is to make your vans secure. This means having alarms/immobolisers/trackers installed to help reduce the chances of theft and vandalism. Being able to demonstrate to insurance providers that your vans are secure will certainly help to reduce the cost of your insurance.
  • Secure your premises – In addition to making the vans themselves secure, you should also take precautions to secure your premises with security lights/alarms/CCTV etc.
  • Shop around – Getting quotes is easier than ever now thanks to insurance comparison sites such as Cheap Fleet. By getting quotes from different providers you can ensure that you don’t overpay and find the policy that’s right for your business and at the best price.

Getting Van Insurance At The Best Price

Insurance is something that no motorist relishes payment but unfortunately it’s required by law. Although insurance is more expensive than it’s ever been, there are some great ways that you can keep costs down.

With this in mind, below are some of the best ways that you can save money on van insurance.