It is quite possible that most van owners run a business so he or she is no doubt going to be conscious of how much their business expenditure is as it affects profitability and the amount he or she takes out of the business in drawings. Therefore, business owners would prefer to not have to be faced with a rise in van insurance premiums.
Well, you may be interested to read that the Confused.com Car Insurance Price Index shows that fully comprehensive car insurance premiums have risen by an average of £41 per annum to £815 per annum with this equating to an increase of 5% in the 12 month period to December 2019. It is quite possible that a similar level of increase may also have been seen for van insurance premiums.
The most expensive part of the UK to insure a car is in Inner London and it is the young motorist who has seen the largest rise in premiums. Again, this may be a similar pattern with van insurance premiums.
So, what can van owners do about the cost of such cover? Well, whilst they are unable to control the amount charged by insurance companies, they can shop around for their cover. Whether you are looking to insure your van for the first time having just set up a business say as a plumber or an electrician or you are an established business owner whose van insurance cover is shortly due for renewal you may wish to obtain quotes from a number of providers.
You can do this in a variety of ways such as getting in touch with a local high street insurance broker and ask him or her to get you some van insurance quotations. You could ask your bank where you maintain your business current account if they offer such cover. You could go on the Internet and use the services of one or more price comparison websites but do bear in mind that not all insurers use such websites. Price comparison websites are a quick and simple way of obtaining quotes.