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How to drive Your Van Insurance Renewal Premium Down!
Get Multiple Van Insurance Quotes using our Quote Engine
You could make significant savings by getting quotes from multiple insurers at the time of your renewal. Use our online comparison tool to do just that. Even though your premium may not have increased since last year it’s still worth spending a few moments running your details through our quotation engine. Better still, give us a call on 0818 22 44 33 and speak to a member of the van insurance team. They’ll certainly know all the angles to get you the maximum amount of discounts resulting in a highly competitive premium.
Existing QuoteMe.ie Van Insurance Customers
If you already have your van insured with QuoteMe.ie – you don’t have to do a thing. We'll be “rebroking” your renewal and sending you details of the offer from your existing insurance company - as well as details of any better alternative quotations. You’ll get this information from us, in writing, at least 4 weeks before your renewal date. About a week before you are due for renewal, we’ll get in touch with you by phone to talk through your options. It’s an opportunity to make sure that we have your most up to date details on file.
So what specifically can you do to reduce your van insurance premium?
Have you a Separate Private Car Insured? Then a Van insurance discount is on the cards!
If you have a private car, there are discounts available to be had on your van insurance policy.
The logic is that if you’re driving the car, you can’t be driving the van at the same time and the risk is reduced as a result. These discounts are available no matter which insurance company insures your private car.
If you’re married or have a common law spouse who owns a private car - once you are a named driver on their car, these discounts are available. Again, it doesn’t matter which insurance company.
When you’re going ahead with your van insurance, we’ll ask for proof of insurance on the private car. This is easily done – a photograph of the insurance certificate whatsapped to us, will tick the box for you.
The level of discount involved could be in the order of 20% - 30% - not to be sneezed at!
Opt for Named Drivers over Open Driving
Open Driving always costs more than having named drivers. While it may take a bit of time to gather all of your employees’ driving licenses, it really can be worthwhile and significantly reduce your premium.
This is particularly true if your needs are only for one or two additional drivers.
The reality is that Open Driving always has some restrictions. For instance, it will typically be - open driving between the ages of 30 to 70 with a full EU licence.
Worth checking it out with us on 0818 22 44 33.
Increase your Policy Excess
Your policy excess is the amount that you are responsible for in the event of an own damage claim. This might be €100 to €300 depending on your particular policy.
For example, your van is involved in an accident. Say your van slides on an icy road and hits a tree. The cost of repairing your van is agreed at €3,000. Your insurance company will reimburse you for this amount less your policy excess, which in this case is €200. You receive a payment for €2800 on settlement.
You’re basically taking on some of the risk and get a premium reduction in lieu.
Since all the van insurance companies have different excesses and various discount arrangements, give us a call and we can explain all of the differences. This is the sort of advice you need when choosing which commercial vehicle insurance policy best suits your business.
CALL ON 0818 224433 NOW!