What factors could affect the cost of my van insurance?
If you’re looking to get the best possible price on your van insurance, be aware that several things may affect your premium, such as your no claims discount, voluntary excess and the type of lock or alarm you use.
No claims discount
This is likely to be on a renewal reminder or a cancellation letter from your current insurance provider.
Driving licence number
Your driving licence number may enable some insurance providers to reduce your premium as it gives them the most up-to-date information. You can use mylicence.org.uk to find your driving licence number.
This is how much you choose to pay upfront in the event of a claim. Providers usually add an additional compulsory excess on top of this amount, so do check as you will have to pay both excesses.
Locks and immobilisers
More secure vehicles with an approved alarm, immobiliser and/or tracker could be cheaper to insure.