Vans are highly useful vehicles, whether you drive one for your own personal use or for business. One of the most stressful things about driving one, though, is having to pay a monthly premium on insurance.
However, most people have had to use their insurance at one point or another, so the cost is definitely not a waste. Signing up for an insurance policy does not have to be stressful. The following guidelines can help when you are shopping around for insurance companies to cover your van.
The premium is the fixed rate that you pay each term (usually per month). Given that the insurance is there to cover the unlikely event of an accident, it can be more cost-effective to pay less per month and a little more out of pocket if an accident does occur.
Commercial vans can usually be covered under a discounted plan if there is an entire fleet to cover; the more vehicles, the lower the rates can be. If you own a business and do not yet have enough vans to qualify for the fleet discount, ask the insurance agent for a quote as future reference; this way, you can shop around for the best fleet rates before committing to one policy.
This same principle sometimes also applies to a single person paying for multiple cars on the policy. For example, if someone wants to cover his/her own vehicle, the spouse?s vehicle, and children?s vehicles, then this might qualify them for a discounted rate.
Another way to get a discount is by planning out routes carefully so that you can save on mileage. The lower your annual mileage, the bigger the discount you can receive as a result. On a similar note, making your van more fuel-efficient can also help your insurance policy rates.
Security systems can help lower your insurance payments as these will decrease the risk of making an insurance claim due to theft. Trackers, alarms, and immobilizers are good ways to safeguard your van and lower your rates.
Overall, knowing beforehand what qualifies you for insurance discounts can help you to get the best deal on a policy. These include using your van efficiently, investing in security measures, and driving safely.