Automotive Addicts

Couriers are usually regarded as “high risk” for motor insurers. Van drivers statistically have a higher accident rate than private vehicles, their exposure on the roads is far greater than that of a private motor car, therefore dramatically increasing the chances of a road traffic incident. The vehicles are more often than not owned by a company or fleet and drivers are less likely to worry about the damage they may cause to the vehicle.

Courier van drivers, also referred to as the ‘White van man’ are notoriously known for being involved in road traffic accidents. Couriers can be up against tight pick up and delivery time slots, and some are even incentivized on the amount of collections and deliveries they make. This can encourage the drivers to race around town and hence are prone to more incidents. Insurers take this into consideration when quoting this type of risk and the premiums quoted are a reflection of the claim statistics. Continue reading ‘Courier van drivers posing an insurance concern’ »

What Affects the Cost of Van Insurance?

Ultimately there are many factors which can affect the cost of insuring your van (or vans). Detailed below are a list of key factors which insurers will consider when pricing up your policy:

1. How many vans are to be covered in the policy
2. The weight of the van (s)
3. The make and model of the van (s)
4. Your geographical location
5. The age and experience of the van drivers
6. Whether or not the van drivers are named (or an ‘any driver’ van insurance policy is required)
7. The security of the van(s) – e.g. whether alarms, immobilisers or trackers are installed
8. Claim history
9. What the van will be used for
10. The excess

It is really important that you obtain appropriate insurance cover for your van(s); rather than simply going for the cheapest quote you can find. Continue reading ‘Van Insurance – A Guide’ »