Home Tools, Vehicles & Workwear The Van Insurer: Understanding commercial van insurance

The Van Insurer: Understanding commercial van insurance

by Jennie Ward

The experts at The Van Insurer outline the key things roofers need to know about van insurance.

As a tradesperson, staying up to speed with all of your business admin can be a real headache. 

While it’s important to focus on the day job, making sure that you have the right van insurance is vital to keeping you out on the road and could help keep your profit margins – not to mention your reputation – healthy.

If you’re not sure how to choose the cover that best suits your needs, online price comparison specialist The Van Insurer is here to explain the options available to you:

What is commercial van insurance?

If you use your van for any type of work or business then you’ll need commercial van insurance. In fact, commercial van insurance isn’t just essential, it’s a legal requirement and differs greatly from van insurance for leisure or domestic use.

There are various options but the relevant policy will depend on the type of van you have and how you use it for work. 

Commercial vans usually fall into two main categories: 

• Light commercial vehicles (LCV) – up to 3.5 tonnes in weight

• Heavy commercial vehicles (HCV) – more than 3.5 tonnes in weight

The types of commercial van insurance

There are three main types of commercial van insurance: 

1. Carriage of own goods

If you use your van to carry materials and tools to the job, then carriage of own goods insurance is ideal for you. For example, if you’re a carpenter, installer or roofer then you’ll likely be transporting your tools and materials between locations, so this cover may suit you.

2. Carriage of goods for hire or reward

Perhaps less relevant to most tradespeople, carriage of goods for hire or reward van insurance relates to drivers using their van to deliver goods. So, if you’re a delivery driver, this cover is probably right for you but it’s important to note that it differs from haulage cover.  

3. Haulage

Haulage cover is the third type of commercial van insurance and differs to carriage of goods for hire or reward cover as it is specific to single-item delivery drivers. These policyholders usually cover long distances, carrying individual loads to a single location. 

Which commercial van insurance policy is right for me?

The type of commercial van insurance that’s right for you depends on how you use your van for work.

Most tradespeople, for example builders and installers, may find that insuring on the basis their van is used for the carriage of own goods is the best option but choosing the right level of cover is really important too. You’ll need to choose from Third Party Only, Third Party, Fire and Theft or Comprehensive, and all three will require a different level of insurance premium to be paid, so be sure to choose the most appropriate cover for you, which may not necessarily be the cheapest.

Explore your options

When choosing the right cover for you, the most important thing to remember is that it pays to shop around. 

The Van Insurer has a comprehensive broker panel comprising some of the UK’s best-known commercial vehicle insurance providers and can provide quotes for every type of van, regardless of cover requirements.

That means you get plenty of choice, while the Cheapest Price Guarantee maintains that if you find a cheaper quote anywhere else online, they’ll guarantee to beat it.

Ed Bevis, Marketing Manager at The Van Insurer, says: “We understand that the priority for most of our customers is focusing on the day job, which is why we’re here to take the hassle out of finding the right van insurance. 

“Obtaining a quote with us is quick, simple and straightforward, while our Cheapest Price Guarantee ensures that we can offer the most competitive prices. Whether you’re an installer working around the clock or a joiner moving between jobs, we’ve got the best solution to suit your insurance needs.”


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