Are you Getting the Best Value Van Insurance?

Getting the most out of your cover

Unless you really know your stuff when it comes to selecting van insurance, there’s a risk that you’re overpaying for your cover. Let’s face it motoring costs are high enough these days without having to shell out more than necessary for your van insurance. Luckily, there are some simple ways to keep your spending in check. This brief guide covers the basics of getting great value insurance for your vehicle.

Shop around

One major pitfall that many van owners come up against is failing to scour the market for the most suitable offers. The fact is, there is no single cheapest van insurance provider out there. To get the best deal, you’ll have to find a firm capable of offering cover that perfectly suits your individual circumstances and preferences. This means shopping around. OK, so spending hours searching for competitive cover might not seem like a particularly appealing prospect. The good news though is you don’t have to. Here at Chill, we’ll do all the hard work for you. As a leading independent Irish broker, we’re in the perfect position to compare the top van insurance providers on your behalf to see which insurer can offer you the best possible value. Whether you need private or commercial cover, our quick quote service is on hand to help. We compare policies offered by Allianz, AXA, KennCo, Insurance, Wrightway and Zurich. All you have to do is enter a few simple details and then let us do the legwork.

Don’t allow apathy to scupper your success

On a related point, if you already have van insurance, don’t fall into the trap of simply renewing your policy year after year. It’s tempting to think that your loyalty as a long-term customer will be rewarded, but often this isn’t the case. In fact, inertia could get in the way of you finding a good deal. In contrast, by being proactive and searching for new offers, you stand to save yourself a tidy sum.

If possible, try to give yourself a little time before your policy comes to an end to search for an attractive offer. This way, you won’t be rushed into renewing without having the chance to assess your options. So that you don’t forget, it’s worthwhile setting a reminder in your diary for several weeks before your existing policy comes to an end. You might be surprised by how much money you can save by switching to a different deal.

Take care to choose the perfect policy

Take care to choose the perfect policy too. For example, if you have an older van that isn’t worth a lot of money, you may want to consider getting third party, fire and theft insurance as a cheaper alternative to comprehensive cover. However, always check both options because even though these policies offer lower levels of protection, they do not always cost less.

Think carefully about who you want to include on your policy as well. Unless you require an open drive policy, it’s best to only pay for the drivers you really need on your insurance. You might also benefit from increasing your voluntary excess. Of course, if you do need to make a claim, this will mean you incur higher costs, but if you’re a low-risk driver, increasing your excess can be an effective way to lower your expenses.

Ask yourself if you really need all the extras

Then there are the optional extras to think about. Depending on your situation, you might be savvy to select policy benefits like motor rescue, windscreen protection, replacement locks, step back bonus protection and full bonus protection. However, make sure you take the time to assess whether you will really benefit from these additions and whether you could get them more cheaply through other means.

Be savvy when it comes to security

Security will play an important role in determining your cover costs too. By taking relatively simple steps to make your van or fleet safer, you stand to save yourself a considerable sum. Devices like alarms and immobilisers can help to bring your premiums down, as can tracker systems that make it easier for vehicles to be recovered if they are stolen. Before you splash your cash on security features like these though, be sure to check whether your cover provider will acknowledge them and reduce your premiums accordingly. If your sole aim is to cut costs, you’ll need to make sure your insurance savings will outweigh any expenses.

Where you park your van can impact on the amount you shell out for cover too. Parking off the road in secure locations can reduce the risk of your vehicle being stolen or vandalised, and cover providers may take this into account when determining your premiums.

Steer clear of modifications

Bear in mind that modifying your van could cost you big in terms of your insurance premiums. Whether done purely for aesthetic purposes or to improve vehicle performance, these changes tend to bump up cover prices. This is because modified parts are generally more difficult and expensive to replace or repair. Also, enhanced vans may be more appealing to criminals. This is something to be aware of if you’re considering making changes to your vehicle.

As you can see, there are plenty of ways to save money when you’re searching for van insurance. So, if you think you may not be getting the best deal on your vehicle cover, now’s the time to take action. By bearing top tips like these in mind, you might be able to bring your motoring costs down and leave extra cash in your account to spend or save as you please.

To see how much you could save, simply enter your details into the quick quote form on our website. Meanwhile, for further information about van insurance, don’t hesitate to get in touch with our team by phone on 01 4003434 or email. We’re on hand to answer your queries and to help you get the best possible deal on your vehicle cover.