If you’re not careful, you can end up spending a small fortune on van insurance, putting added pressure on your firm’s finances. The good news is, as long as you know what you’re doing, it is possible to get a great deal on this form of financial cover. To help you save money when you’re searching for your next policy, take a look at these simple but effective suggestions.
1) Choose your cover with care
If you’re in a rush, you might be tempted to go for the first insurance policy you come across, or to renew your insurance with your existing provider year after year. Sure, this can save you time, but it can also cost you big. For the most competitive offers, you’ll need to scour the market. There are different ways to search for cover, but one of the most efficient is to use a broker service such as www.chill.ie. Specialists like this will do the legwork for you, seeking the best deal from the market’s top providers. Within a few minutes, you should have a competitive quote, and you might be surprised by how much money you’re able to save.
2) Steer clear of open drive policies
For sheer convenience, you might be tempted to opt for an open drive policy that means any driver within a specified age range and with a full licence can drive your van with permission. However, this will cost you extra. If you’re determined to keep your costs to a minimum, it’s better to opt for cover that restricts the driving of your vehicles to certain specified individuals.
3) Consider increasing your voluntary excess
Another way to keep your premiums down is to raise the voluntary excess on your policy, which is the part of any claim that you have to cover yourself. This can be a simple way to save money, especially if you’re at low risk of making a claim.
4) Take security seriously
It also pays off to take security seriously. To get access to the best offers, you’ll need to show that you’re taking effective measures to reduce the risk of theft or vandalism to your vehicle. Approved alarm systems and immobilisers can help to bring your cover costs down, and off-street parking may help to lower your premiums too.
5) Take advantage of discounts for low penalty points
You might also be able to reduce your costs by keeping your driving licence clean. After all, the fewer penalty points you have on your licence, the better the deals you’ll be eligible for.
By taking advice like this into account when you’re searching for van insurance, you stand to save yourself a considerable sum.