Our top tips for cheaper van insurance

Shop around for the best quote

Many people renew their van insurance with the same insurance company every year and so may pay more than if they shopped around and compared quotes. One of the easiest ways to see what is available is to use a comparison website, such as Gocompare.com. You only have to enter your details once and we will provide you with quotes from leading van insurance companies.

Remember! The cheapest policy is not always the best; there may be essential pieces of cover not included.

The size of your van

Make sure you own a van that is suitable for your needs, don't buy a transit van if you are not going to transporting lots of goods. It is often the case that smaller vans cost less to insure.

Prove your bonus

If you have a no claims bonus make sure you can prove it, as this can help to reduce your premium as you will be viewed as a lower risk. If you do not have a no claims bonus as this is a new van insurance policy, some companies will mirror a no claims bonus from another vehicle or use a letter from your company proving your driving experience.

Security

Ensure your van is parked in a secure place, such as a garage. Also get an alarm and immobiliser fitted to your vehicle as these will deter thieves, meaning that you will be classed as a lower risk.

Pay annually rather than monthly

If you can afford to pay for your van insurance in full, then to save money it would be advisable to pay in full. This is as some insurance companies will add interest to your monthly repayments resulting in the total amount that you pay them being higher.

Don't pay for cover you don't need

Minimise your optional extras, only have the ones you need as this will increase your premium. Make sure you check what is included in your policy as sometimes insurance companies may add these optional extras to your policy without you even asking.

Increase your voluntary excess

If you increase the amount your voluntary excess is, this can reduce your premium. However remember that this will be in addition to the compulsory excess amount, and if you were to have an accident you would be expected to pay up the total amount of both excesses.