Many businesses and tradesmen rely heavily on
their commercial
vehicle(s) to continue. If
your business depends on having the use of a
van ask yourself the question ‘How would
my business cope without a
van?’ A number
of events can make your van unavailable for
use (such
as theft, fire, vandalism or an accident).
In these circumstances your
van insurance policy
is designed to help keep you on the road and
in business and cover any damage to third party
property and injury
to individuals. You should
look for a van insurance policy that provides
a courtesy vehicle
in the event of a repair being required to your
van following an accident. Many insurers can
provide this if you make use of their approved
repairers. In the event of a theft of your van,
there is not usually a replacement van available
to you immediately and you will need to make
your own arrangements unless you have taken
an additional Commercial Vehicle Replacement
Policy.
Why is Van Insurance
important?
If making use of a van or any commercial vehicle
for your business there is not only the financial
risk involved following an accident or theft
but also a risk to the reputation of the business
if you need to cancel or postpone jobs or through
the late delivery of goods etc. It is therefore
essential that the correct cover be chosen to
protect your business.
Who should have Van
Insurance?
Anyone using a van on a public road is required
by road traffic legislation to have a valid
van insurance policy in place with a minimum of
third party cover (see below for cover details).
Whether you run a single vehicle or a fleet
of hundreds if you rely on a van to run your
business you will need insurance to protect
it as well as cover your liability for any damage
or injury caused by you or a driver on your
behalf using the van.
What does Van Insurance
cover?
Van insurance cover is provided for all types
of vans and trucks including pick-ups, double
cabs and car derived vans. The main cover available
is as follows:-
Third
party only (TPO) : This cover protects
against damage to third party property and
injury or death to any third party involved.
No cover is provided for loss or damage to
the vehicle insured.
Third
party, fire and theft (TPFT):This cover is the same as TPO cover
above and in addition the risk of theft and
fire to the van are covered.
Comprehensive
(COMP): This covers all the above-mentioned
points under TPO and TPFT cover along with
accidental damage to the van insured. Some
contents cover may also be included under
this insurance.
Our advisers at Castle Grove
can provide the information you need to make
the right choice and can recommend the most
suitable van insurance policy to meet your needs. Contact
us today to obtain a no obligation quotation
and advice to get your van protected. Alternatively you can click the link below for an instant online van insurance quotation
