If you have just received your renewal notice for insuring your van, you may want to check how much your insurer intends to charge you for the next 12 months. You can compare this with how much you have been paying in the last year.

It is quite possible that the cost of cover for your van has gone up. However, even if it has remained the same or dropped, you may want to get some more quotes from other providers to see if you can get the cover cheaper with another provider.

You may find it of interest to read that, according to the most recent Confused.com Car Insurance Price Index, the average cost of fully comprehensive car insurance has fallen by £52 per annum (a drop of 6%) to £763 per annum in the last quarter of 2020 when compared with a year ago.

There will no doubt be a number of factors that have had an impact on car insurance premiums with one of those possibly being due to the coronavirus pandemic. As a result of the pandemic, there have been fewer vehicles on the road thus leading to a drop in the number of road traffic accidents and, therefore, a fall in the amount being paid out by insurers to meet claims. Because of this, insurers may have been able to contain or even lower premiums charged for various types of motor insurance such as van insurance.

Where you live certainly has a bearing upon how much you are charged for your car insurance. According to the above index, the average amount paid by motorists living in Inner London was £1,220 per annum whereas in north- eastern and eastern Scotland motorists were paying an average of £560 per annum. In Manchester, an average of £984 per annum was being paid.

Young motorists continued to pay more for their cover than older drivers with a 17 year old paying an average of £1,911 per annum whereas a 67 year old was paying an average of £454 per annum. As you can see, that is a huge difference.

So, if your van insurance is coming up for renewal or you are seeking such cover for the first time, why not get in contact with us and we will do all that we can to try to help you get a competitive quotation to insure your van without any obligation. We look forward to hearing from you.