All commercial vehicles must be insured as a legal requirement to drive on UK roads. Work vehicles are generally covered using a commercial version of regular insurance policies that include a variety of additional covers that protect against risks that are unique to commercial van drivers.
A common question that a lot of van drivers ask is whether they need to insure their vehicle under their own name or under their company’s name. Insuring a fleet of vans or even a small collection of vehicles is expensive for companies but there is commercial fleet insurance available that helps businesses insure all of their vehicles under one umbrella cover.
Commercial cover helps protect vehicles and drivers for travel to numerous work destinations, the transport of work related goods and materials and helps minimise the risk of damage, accident or theft.
Commercial van insurance also has additional cover required for commercial enterprise including; Legal Cover to protect against any legal action; Public Liability Insurance to cover you against any injury or accident suffered by member of the public; Employer’s Liability Insurance to cover staff members and Breakdown Cover to get your van back on the road as soon as possible in the event of a breakdown.
Luckily for van drivers, if the van is registered to, or owned by your company then it will be able to be insured under the company name. The insurance won’t cover you to drive someone else’s van as it will be specifically for your own van but you will be able to use it for social, domestic and pleasure use even though it is insured as a business van.
When it comes to renewing your van insurance always ensure you compare prices online to ensure that the policy you choose is the bets one suited to you.