If you are trying to save money on van insurance, you should know what to do in order to get the best quotes. If you already have an insurance policy and you think you are getting the best premiums possible, contact your company and ask about any discounts you may be able to take advantage of.
If you do not get anywhere, you will want to look into switching companies. First, get online to as many insurance companies that you can find that offer insurance quotes for business vans. Then, start entering the information they ask for to get some quotes. To really save some money, however, you may want to use a few tricks.
Higher Voluntary excess:
When an insurance company sets its premiums, it will set higher premiums for the things that offer the most risk. If you choose a lower voluntary excess, the insurance company knows that you will not pay that much so they will set a higher premium.
The higher your voluntary excess, the less the insurance company has to pay out so the lower your premium goes. So set your voluntary excess as high as you are able to afford. You may find a nice little discount just by tweaking this one thing when you get your quotes, however, make sure that you don’t leave yourself out-of-pocket should you have the need to make a claim.
Try to find the various discounts with the quotes you get. Some companies offer discounts for ordering online, some offer discounts for belonging to certain business organisations, etc.
By learning of these various discounts, you can be better prepared to save money with the quotes you get. If you park your van in a safe area, for instance, you will sometimes get a discount for that. On the other hand, if you live in a bad area and you suspect this may affect your insurance quote, do not lie.
Always tell the truth because you will be found out if your policy ever comes into question. In other words, if you need the insurance to pay money out, you can bet they’ll investigate your claim and your policy to determine if it is valid. If it is not, you will be out a lot of money and you may even have a lawsuit on your hands.
When you are trying to save money on your business van insurance quotes, there are a lot of tricks you can use. Just keep in mind that the less risky it is for the insurance company, the cheaper it will be for you. If you can kind of keep that in mind when you are forming your quotes, you will be able to find great deals where you couldn’t before.
Business van insurance quotes do not have to be expensive, as long as you know the tricks to play in order to get quotes you can easily afford.
By James Clapton