Private Van Insurance, Non-commercial: Finding Private Cover Easy!
It's not just businesses that need van insurance; non-commercial private van insurance is important for anyone who drives a van, and for some people extra coverage may also be necessary. What if you drive the children of others to school or football practice in your roomy van? Or if you keep some household goods in it for extra storage?
1. Always ask your insurance providers about special coverage. Your van insurance may not provide adequate coverage if you regularly transport children outside your own family in it. You also may need additional contents coverage if you keep anything of value in the van that you would regret having stolen or damaged in an accident.
2. Be aware of whether you need comprehensive coverage or only the basic legally-required plus a bit more. If you have an older van, comprehensive may cost you more than the van is worth, and in case of a total loss, what you receive for the van may not be enough to pay for another comparable vehicle. As a general rule, if your van is worth less than ten times a six-month comprehensive insurance premium payment, you don't need comprehensive coverage – the exception being, of course, if you still owe money on it.
3. If you pick up private van insurance for non-commercial use of a van, make sure you only use the van for non-commercial uses. If you use it to run errands for work, it's possible that your insurer will deny payment in case of an accident. Clarify this with your insurer before buying a policy.
Your choice of van insurance for non-commercial use may be one of the most important decisions you make. Consider all your options before buying, and don't go with the cheapest company just because they cost so little. Low costs can cost you plenty of money in the end.
