Reasons you may need temporary van Insurance
Types of Insurance Available
We all know that by law you must have minimum of third part van cover to drive on the highways and byways, and this applies to both cars and vans. Third party will only cover the expenses of the third party leaving you the responsibility for covering any costs that you may incur. Comprehensive temp van cover will cover not only the third part, but also your costs and is the highest level of cover available.
Temporary van insurance has grown in popularity and is in higher demand, with demand exceeding that of the traditional annual policy. Temp van insurance can range in time from daily, weekly, monthly or in some cases 6 months. No matter the time period that you require insurance for, we can provide you with an option to compare multiple underwriters. In addition the quote comes with a best price guarantee!
Van Categories Based on Size
Temp van cover is available for all van categories the key categories are listed below:
Insurance Optional Extras
The cover provided is temp van insurance with fully comprehensive cover, we do not offer third party only. Some option extras are also available.
What Insurance class does your van belong to ?
The association of British Insurers (ABI) are responsible for determining which van is assigned to which insurance group. These do change and it is best to refer to the manufacturer's web site for full details of their vans and which group their vans have been assigned into.
Underwriters use this information to determine the appropriate premium for each van model. As a general rule the smaller the vehicle the lower the premium, but other factors also play a role. For example the average repair costs for a particular model will also be used to arrive at a weighting of their risk and thus the premium that you will be quoted. Do take this into consideration if you are thinking of making a new vehicle purchase and wish to control the cost of your annual premium.
Are advice is unless you actually need a large model it would be wiser to buy a smaller model, but do make sure it is adequate for your current personal or company requirements. In summary the following are the key factors that determine how van's are classified into risk categories
More on Van Insurance
Perfect when you need cover for short time
The most common reasons for applying temp van cover is to share the driving during peak periods of your business. When your daily work vehicle is off the road for repair you may need to take out temp cover for a vehicle borrowed from a friend or a short term lease. Are you buying a new transporter and need cover until your normal policy will kick in? whatever the reason We will help ensure that you get covered easily and quickly so no time is lost in getting behind the wheel.
A Few of the Terms Used
Insurance for a minivan is quite different compared to any other type of vehicle. Because of this, there are several terms that one should be familiar with. Here is sort of a mini-glossary that will help you to understand the unique terms that are used when speaking about this type of vehicle cover.
The V5 Log Book
The name can be a little misleading on this one. It’s not an actual ‘book’ that has many pages to read, nor does it have a hard cover or binding. Rather this book is a document that shows the relevant and important details about a vehicle including who is the registered owner, and whether the vehicle is a car, minibus, or van. This is always needed when selling a vehicle as the details will then needed updated to reflect the name of the new owner
Carriage of Goods for Hire or Reward
This is indeed another form of cover also referred to as GIT. It is used to insure a vehicle, its driver, and the goods that are being delivered in the event that an accident should occur. Probably the best example of this would be a delivery driver.
Carriage of own Goods
This is yet another form of cover that is used to protect the van, driver, and contents should there be an accident. The words ‘own goods’ is a tip off for this one. A good example would be a builder who drives from job to job in a minivan loaded with their own equipment and supplies.
The way that your vehicle is used is a very important factor when it comes to obtaining the correct level of insurance cover. Should you have a policy that covers domestic, social, and pleasure for a vehicle that you use for work, chances are good that you won’t be able to successfully make a claim in the event something occurs because of this work. Worse yet, your provider could cancel your insurance, impose stiff fines, and possibly proceed with prosecution.
Commercial & Business Vans
These two are the same, but it’s important to remember that when it comes to cars, business use is a little different. In the case of cars, ‘business use’ will not include travel to a place of work. If you use a van to commute to work, then you will need a business or commercial minivan policy.
Light Commercial Vehicle (LCV)
This is basically just another term that is used when referring to a van. It speaks to the actual weight of the vehicle. Any vehicle that weighs less than 3500 kgs receives this classification. Examples would be the Ford Transit and Mercedes Sprinter.
Heavy Goods Vehicle (HGV) – Large Goods Vehicle (LGV)
Again, this is a weight classification. Any vehicles that weigh in excess of 3500kgs gets this tag.