Cheap Van Insurance (Updated in 2025)

Finding, the best possible price for van insurance, may seem daunting, but it is easy nowadays, and finding cheap van insurance need not worry you or keep you up at night.

Cheap van insurance can be found by searching insurance websites and intermediary insurance websites by getting comparative quotes. Additionally, understanding how your van’s size, security, make, model, mileage, and modifications can affect its price will allow you to get cheaper insurance.

Find out what is the best possible way to find cheap van insurance. Then figure out if you need commercial or private insurance. Also, discover how to keep your insurance as low as possible and what insurance companies look out for when evaluating vans.

Cheap van insurance

If you have a van or are planning to purchase one or lease one for whatever reason, you will need insurance. Finding the lowest possible insurance can be a bit tricky because you may not know all that is involved in how the insurance is calculated. This is especially true with vans.

Where to get cheap van insurance?

The best possible way to find the lowest prices for van insurance is to search the internet. Many insurance company websites and intermediary websites offer you free quotations on van insurance in a few simple steps. Even though you may think there could be a better way to find van insurance, there is probably not.

Everything in today’s world has moved digital and is on the internet. These companies know that there is fierce competition out there, and intermediary websites draw from many insurance companies to offer you the best quotes available.

Some excellent websites to get free quotes on van insurance include CompareTheMarket, Mustard, and Budget.

Getting the right van insurance

A factor that many individuals forget about is that there are two types of van insurance. Depending on what you are looking to do with your van, you will need one of the two types.

If you are planning on starting a small commercial business like a Man With a Van, you will need to look at commercial van insurance.

Commercial insurance of this nature will be extensive and will probably include;

• Commercial vehicle breakdown insurance
• Public liability insurance
• Tools and equipment insurance
• Goods in transit insurance
• Standard van insurance

If you don’t know if you need commercial van insurance, then this might help you understand better. The HMRC’s official classification for commercial vehicles is one that ways in excess of 3.5 tons or one that is capable of moving a payload of more than 1 ton. The cargo (load) will be any form of passenger or goods that you are receiving revenue from.

If this is not what you are looking for and you are thinking about getting a van because you have a family of five and want to take trips to the coast, then you will need private van insurance.

When you are getting a quote from a company, make sure they are quoting you for the correct insurance because private van insurance will be lower than commercial.

What makes van insurance cheap?

Even though websites offer you free quotations and will respond in five minutes trying to offer you the best possible price, there are factors that they take into consideration when trying to evaluate your van and how much the insurance will cost.

Knowing these factors and, if possible, trying to manage or even negate them could lower your premiums by a substantial amount.

1. Paying annual insurance

Depending on whether you are leasing or owning a van, you might want to pay for your insurance on an annual basis.

It will help if you remember that insurance companies charge interest when you pay a monthly premium, and giving an upfront lumpsum could substantially lower your total price.

Van Size (engine and carrying capacity)

Larger vans will be more expensive to insure. This is a pretty standard occurrence because larger vehicles are prone to having larger engines which can cause more problems.

Van size also relates to the load capacity. If the van can carry more, it needs to be insured for more. There is no point in being able to haul £20,000 of cargo, and you are not covered for it.

Make and model of the van

In some instances, insurance companies regard older vans and specific models as more unreliable than others.

Older vans might tend to break down more because of the years of wear and tear that it has sustained. Other models may be considered inferior in their built quality and are viewed as having the same problem. Hence the insurance will go up.

Van security

Insurance companies often look at how secure your van is. This means does it have a security system like a tracker, or where is it going to be situated in terms of location.

Not having a security system or having it reside or work in high-risk areas will also affect the price of your premiums.

Van modifications

Insurance companies don’t like vehicles that are modified in any which way. To keep your premiums as low as possible, opt for keeping your van as standard to factory specifications as you can.

Limiting van mileage

If you state that your mileage for the van will not be that large, your premiums could be lower. This is because your van is viewed as being not used continuously, which could lead to breakdowns, accidents, loss or theft of goods, damage to property, etc.

For example, Statistics would have you believe that a van that travels for only 10,000 miles has less of a being involved in an accident than one that travels for 100,000 miles.

Limiting the number of drivers

If you suspect that you will be the only driver of the van, then this will help with the insurance price. The more drivers that need to use the van, the more the insurance will cost.

What about VAT

Take note that VAT is not added to commercial and personal insurance policy premiums. However, you may see this as an IPT (Insurance Premium Tax) in the quote you receive.

Conclusion

Finding cheap van insurance is simple enough. A simple google search will do the trick. However, there are things that you should know before getting quotes, and we discussed everything you should look out for.

Remember that you will have to decide on commercial or private insurance, and then if possible, you will need to purchase or lease a van that meets our criteria so that you will have the best possible options for cheap van insurance.

For more articles like this, visit us on our website at Transport Executive.

 

References

• https://www.mustard.co.uk/van-insurance-v015/?refid=GPPCB-GBRANDVAN-BVAN-b-c&gclid=Cj0KCQiAip-PBhDVARIsAPP2xc1iDwt5pPu5yhFNK7X_vS2k71SB2NFFJLHlgCEFcnHk5t6vDVIIqrkaAvwbEALw_wcB
• https://www.gocompare.com/van-insurance/business-or-private/
• https://www.budgetinsurance.com/van-insurance/
• https://www.simplybusiness.co.uk/knowledge/articles/2019/12/commercial-van-insurance-uk/
• https://www.fastquote.co.uk/goods-in-transit/man-and-van-insurance/
• https://www.gocompare.com/van-insurance/top-tips-for-cheaper-van-insurance/