There are three main types of van insurance available in the UK – Third party only insurance, Third party fire and theft insurance and fully comprehensive insurance.
These policies vary in terms of what level of cover they offer and as such they can vary in price. Here we will discuss these three different types of insurance.
Third party only insurance
Third party only insurance will provide insurance cover for a third party only in the event of an accident that was your fault. If your van is also damaged, this level of cover will not provide adequate cover to cover the repair or replacement of your vehicle
Third party fire and theft
This level of insurance does not just cover third parties in the event of an accident, it will also provide cover for your vehicle if it is stolen or if it has suffered fire damage.
Fully comprehensive insurance
This is perhaps the best cover you can get for your van, as it not only covers third parties and fire and theft, it also covers repairs to your van if it is damaged in an accident that was your fault. Or if the van is damaged beyond repair it will offer some monetary compensation so you can purchase another vehicle.
