Van insurance is similar to car insurance, in that there are three levels of basic cover available. These start with the basic third party only insurance and end with the better fully comprehensive van insurance.
Third party only insurance will not cover your van
If you choose third party only insurance, you need to be aware that if you should have an accident that was your fault, the repairs to your vehicle will not be covered. Third party only insurance is the cheapest level of van insurance you can get and if you have an old van it is perhaps a good option. However, if you have a new van this level of cover is perhaps not the best choice.
Comprehensive van insurance
As the name suggests, this is the most comprehensive type of van insurance available. If you have a new van and want to protect your investment, this is the level of cover you need. Comprehensive insurance will cover your van if it is stolen or if you have an accident that was your fault. This means that you can be safe in the knowledge that no matter the incident, you will be able to recover your costs and so still run your business smoothly.
