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If you are a young motorist you will be aware that, on average, you pay more for your motor insurance than a mature driver as you are at greater risk of being involved in a road traffic accident and claiming on your motor insurance policy. Well, according to Consumer Intelligence, you will be pleased to read that, in the last year, van insurance premiums have reduced by an average of 16.9% for van drivers who are below 25 years of age. This is a significant drop.
Having said that, apparently, the average premium for such drivers is £2,762 per annum. We are sure that you will agree that is a significant outlay especially if you are just setting up your own business when finances may be stretched.
It is also interesting that the average cost of van insurance across all age groups is £985 per annum. This is a small reduction of 0.6% in the last 12 months.
As with car insurance, there are numerous providers of van insurance. Therefore, whether you are just setting up your own business that involves the use of a van or you have been trading for many years and your existing van insurance policy is shortly coming up for renewal, you may wish to get a number of quotes to compare.
There are a variety of ways that you can do this. For instance, you could pop into your local high street insurance broker’s office and discuss face to face your requirements. You could get in contact with your bank that may be able to obtain a van insurance quotation for you. A popular way of getting a quote is via a price comparison website on the Internet. This is a simple and quick way of getting one or more competitive quotes and is particularly useful if you do not have much time as you are busy running your business.
So, why not get in touch with us today to discuss your van insurance requirements and obtain a quotation without any obligation.