Whether you’re buying or leasing a van, it’s not just the purchase cost that you need to bear in mind. Of course, insurance for your vehicle can take a toll on your pocket too. However, there are some simple things that you can do in order to keep costs down and make running a van a more affordable option.
First, it’s important to shop around each year, as auto-renewal options rarely if ever offer the best deals. Instead, take some time to compare quotes from different providers in order to find the best option for you. And if it all possible, make sure you pay in one annual lump sum – again, this always offers a far better price than monthly installments.
Secondly, make sure that your cover is tailored to your requirements, and that you’re not paying for any extras that you don’t need. For example, if you’re driving an old van with low monetary value, you might consider third party, fire and theft cover as an alternative to a comprehensive policy. Similarly, potentially costly features such as protected no claims bonuses, courtesy van cover and personal accident cover might not be necessary for your needs.
Of course, there are also things that you can do the vehicle itself in order to lower your insurance costs. For example, your insurer may be able to recommend additional security measures, such as alarms and immobilisers, that could deter thieves and in turn bring your premiums down to a more affordable rate. On the other side of the coin, however, any aesthetic or performance-based modifications could see your insurance costs soar.
Finally, the best way of bringing your insurance costs down is to be a good, safe driver. The longer you go without making a claim the cheaper your premiums will be, so minimise the risks by parking in a secure spot, being wary of additional drivers and working on your driving skills.
Want to lower the costs of driving a larger vehicle for business or pleasure even more? At Rapid Vans we’ve got a fantastic selection of affordable van leasing options, helping you get behind the wheel for less.