Tag: van insurance premium

Urgent Warning Issued To Van Drivers As Tool Theft Soars

Posted on by News Desk

Van drivers across the UK should implement extra security measures because tool theft rates have soared by 57 percent.

Tackling The Rising Cases Of Tool Theft In The UK

New research shows that only 10 percent of vans in the UK stay in a garage overnight

This according to experts, is a significant concern as tool theft has increased.

Thieves target vans for expensive tools kept inside.

The Metropolitan Police data reported 13,677 cases of tool theft from vehicles between March 2021 and March 2022.

This equates to 37 cases of theft per day.

This article discusses the importance of increasing security measures and some precautionary steps to protect your van and its contents.

The Importance Of Additional Safety Features

The research carried out on 100,000 van insurance policies revealed the importance of additional safety features to deter thieves and improve security.

Even if your vehicle comes with basic security systems, factory-fitted immobilisers, and alarms, they may not be enough.

Modern thieves can evade them with key fob cloning and blocking.

It is crucial to implement additional safety features such as GPS tracking, reinforced locks, and secure shelving to protect your van’s contents.

Installing CCTV cameras and motion sensors can also help prevent theft and provide evidence in case of a break-in.

Precautionary Steps To Protect Your Van And Its Contents

The experts stress that van drivers need to take precautionary steps to keep thieves away.

This would include things such as not leaving valuables in plain sight or in the van overnight.

It is essential to park in a well-lit location and avoid drawing attention to the fact that there may be tools inside the vehicle by not displaying external branding and logos.

Adding decals and signage to a van can increase your insurance premium for that reason.

Thus, it’s better to avoid displaying your van’s content and make sure it looks like an ordinary van.

Checking Insurance Policy Coverage

It is also essential to double-check that your tools are covered by your van insurance policy.

They are not always included as standard, so it is essential to ensure that you have comprehensive coverage for your van and its contents.

In the event of a theft, having the right insurance policy can help keep your business running and minimize financial loss.

Conclusion

In conclusion, the rising tool theft rates across the UK should be a significant concern for van drivers.

Implementing additional safety features such as GPS tracking, reinforced locks, and secure shelving can help deter thieves and improve security.

Furthermore, taking precautionary steps such as parking in a well-lit location, not leaving valuables in plain sight, and avoiding external branding and logos can help prevent theft.

Finally, it is crucial to double-check that your tools are covered by your van insurance policy, as they are not always included as standard.

Adding some flex to van insurance

Posted on by News Desk

It’s a dog eat dog world out there and latest news shows that, with an uncertain future ahead of us all, and no knowing if we will be locked down once more any time soon, it seems that more people are turning to van driving as their career of choice.

Latest news suggests that van insurance policy numbers are on the rise, with more people looking for job certainty and, faced with another potential lockdown, many have decided that working as a delivery driver is the career for them.

And we can’t blame anyone. While the world ground to a halt earlier this year, one of the careers that endured was that of delivery driver. Likewise, the building trades appeared largely unaffected, with more people deciding to spend their holiday savings on home improvements instead. So it’s fair to assume that should we face another national lockdown, that those trades will be the ones that carry on as before. 

In fact, there was a 52% increase in requests for van driver insurance quotes between April and June of this year as lockdown started to ease up. 

Van driver insurance companies have begun to respond to this with improved, more flexible van insurance policies becoming available, from single, by the day cover, to monthly policies that can be used as and when people need it. We welcome this, as with other changes in the van insurance world, to a more flexible approach that can mix and match with people’s needs. The car insurance world recently saw a new type of policy come on the market, where people pay to unsure by miles driven and we suspect that some bright spark won’t be far behind doing something similar for the van drivers of the UK soon. With such uncertainty of where we are headed as a nation this winter, we can imagine some people will be very happy to see this kind of insurance policy around. 

A Week of Heroes and Villans

Posted on by News Desk

We start this week with some good news for a change. Yes, despite the weather being more variable than a typical Aston Villa footballing season, we have some good news this week. (No, Villa haven’t signed Gareth Bale – well, not yet, anyway).

The good news is that since lockdown, the average cost for van driver insurance is down. Not by a massive amount, but by 2.3%, which can still represent a good saving on van insurance for most van drivers.

Latest research shows that the van insurance industry has put a pause on their typical insurance price increases, and instead of a hike, have taken a cut.

This is a result of the Coronavirus pandemic, which has seen a marked reduction in the number of white van men and women on the road throughout the UK. This has meant that unsurprisingly, there have been fewer van insurance claims made and so the cost has come down. 

This is particularly good news because prior to COVID bringing the UK industry to a grinding halt, van insurance premiums were at something of an all-time high. 

The group of van drivers who have seen the biggest drop in their van insurance renewal costs are young van drivers, who have seen the cost of insuring their vans decrease by around 14% (although bear in mind, van insurance for young drivers remains eye-wateringly expensive, with an average annual policy costing upwards of £3,000 compared to the overall average policy cost of a smidge over £1000 – representing a drop of 2.3% in the last few months.

The average premium on van insurance has seen a drop of 0.9% over the last year, so the recent drop of 2.3% is a big change downwards, by comparison.

If you are driving your van for work and using it at home on a ‘Social, domestic and pleasure’ policy, if your van insurance is due, you too, should see a drop although it will be around the more modest 1.2% mark.

Of course, like most good things, they are often fleeting (like the feeling of relief felt when Villa scraped through being relegated), because the future is, like football, less certain. With things returning to normal on the roads, there will inevitably be more accidents, and with more accidents come more claims and that of course means an increase in insurance premiums too. 

So, if your van insurance is due any time soon, make hay while the sun shines. Use our free quote tool, to triple check that you are getting the best possible van insurance deal. 

… And finally,  before anyone writes in to complain of Aston Villa bias or to send Villa-related abuse, let us remind you that the future King of England is a Villa fan, and if he has anything to do with it, you’ll all be Villa fans when he’s in charge.

Until next week.

Cutting costs – How to Save on Your Van Insurance

Posted on by News Desk

It’s been a rough few months for everyone. Even the most hardy of us have been affected one way or another by COVID-19, and van drivers haven’t been exempted. And with the threat of a recession looming, keeping costs down is crucial, especially those that could be cheaper. 

So, we thought that now would be a good time to take a look at ways that you could potentially trim back some costs on your driving expenses. Just the smallest tweak could save you some bucks, and right now, that’s got to be a good thing. 

1: Do you really need that big van?

Yes, it makes you feel like the man, out on the road, compared to all those amateurs in their Twingo’s and Kangoo’s, but they may be having the last laugh, if they are running close to capacity and you’re riding around with space in the back almost every day. Not only is a bigger van costing you more in fuel and van insurance, but you’ll be paying more insurance for it too. Now, there are of course, costs attached with selling one to replace with another, but if It’s time for a new van, it’s worth thinking about trading down for something a bit smaller if you have the capacity to do so. And you could even spend that money you save on a fancier model with a few more bells and whistles. Doing that may not save you money upfront, but you might end up with a comfier ride and lower fuel and insurance costs.

Are you secure?

Not that your missus might run off with her personal trainer, but your van security – is it up to scratch? A tracking device or security etching could also save you. Vans are a big target for thieves, and anything you can do to reduce the risk of yours getting nicked or help in it being recovered can reduce your annual premiums. Don’t forget where you park overnight, either. Leave it on the roadside outside your home, because it’s a pain to get into your driveway, and you could be paying extra. 

Can you pay your van insurance annually?

If you can afford to, it’s always cheaper. APR’s of around 30% are not uncommon if you’re opting for monthly van insurance payments, which can add a few hundred quid onto your policy cost if you’re paying monthly. If you do need to pay monthly, make sure any comparison quotes you get are all showing those costs so you can make an accurate decision on which one works out the cheapest.

Consider Telematics:

Ok, so if you’re a bit older and prone to the odd white van man manoeuvre, then maybe getting a black box fitted is a bad idea. And there’s the whole Big Brother aspect that nobody likes, but if you are new to van driving or maybe the other side – older and generally sensible, then adding a telematics device could save you a few quid on your insurance too. 

Get Fast, Competitive Van Insurance Quotes

But, if all these options seem like a bit of a pain and not really your thing, we have one thing you can do that will definitely save you not just a few quid, but a massive chunk of time too – when it comes to renewing your van insurance, don’t forget to fill out our quick quote form. We’ll get the best quotes delivered directly to you, without you having to put in the legwork to getting you the best deal possible.

And who isn’t for the easy life, especially when times are tough?

Safe driving!

Not All Heroes Wear Capes

Posted on by News Desk

Another week, another series of trials and tribulations for van drivers up and down the UK. As lockdown slowly eases, the roads are starting to return to normal and, with more traffic on the road, for you, the trusty van drivers of the UK, the stresses and strains of life on the road are also on the up.

The good news is that with more non-essential shops scheduled to reopen in the coming weeks, there should be more work out there for everyone and even more, when, all being well, more of the rest of the country opens up again in early July. 

But, with the lack of traffic on the road you have been used to, there have also been more and more stories in the press of van drivers behaving badly. From hit and runs, to intoxicated drivers, and speeding and dangerous driving, it appears the quieter roads have had a bad effect on some of you. And let’s not forget, anything stupid in your van and you’re not just risking your license, but also your career too. 

Meanwhile over in Ireland, Yodel have dealt a blow to their delivery drivers, who have been banned from taking their vans home overnight, forcing many drivers to need to use public transport to get home at night from their depots. At a time when nobody wants to be on public transport unless they absolutely have to, the timing and tone-deafness to what is going on in the world couldn’t have come at a worse time. 

On the upside, over in London, some savvy business owners have found the best use ever for a white van, turning one into a mobile pub on wheels. The ‘tactical beer response unit’ is on the streets of East London, the back of the van full of kegs of their craft beers, serving customers pint glasses of the good stuff at their doorstep. As one of his customers commented – ‘not all heroes wear capes.’ And who doesn’t miss a pint outdoors in this weather?

And on that note, safe driving. 

Van Insurance Is Cheaper Than Ever

Posted on by News Desk

Yes, more good news this week for our van driving men and women of the UK. We’re over all this doom and gloom, let’s find some reasons to be cheerful. 

And one more bit of good news to follow from last week is the news that van insurance is now cheaper than ever. Well, not ‘ever,’ but it is now the cheapest it’s been in over four years.  Since February, car and van insurance premiums have fallen an average of £56. 

This is as a result of fewer cars on the road, and, fewer accidents as a result. This means that the pay-outs that insurance companies are making has dropped, and so they are able to reduce the price of your premiums. In fact, one or two of the insurers have even paid out to their customers in the form of a rebate because there has been such a dip in claims made, making it worth a phone call to your van insurer to ask what they are doing – after all, if you don’t ask, you don’t get. It’s also worth checking to see if your annual mileage can be reduced if you’ve been of the road at all these past few months, which could also save you money.

In other news, if you are in the trades and anticipating getting back to work in the next few weeks, be aware about new coronavirus restrictions on who you can have in your van. Yes, it’s now illegal for there to be anyone in the middle seat of your van, unless you are all members of the same household, in which case, you can fill your boots and your van with as many as you please. If your van is a two-seater, there’s only the driver allowed to be in it. And if you do have back seats, the second person needs to be sitting there, on the passenger side. So, getting everyone on site might become a bit of a nightmare.

Whatever you are doing, stay safe and keep at it, our UK van driver heroes. 

Van Theft is Only Getting Worse.

Posted on by News Desk

Shocking news here at CVI HQ. 

We’re disappointed to report that new figures show that the number of stolen vans has increased by 45% since 2015. 

45%! 

If that wasn’t bad enough, the last year has been particularly awful for white van man and woman, with nearly 10,000 vans reported stolen in 2018/19.

We’re sad for you. It shouldn’t be this hard to make a living, without some little git having it away with your motor. And as if living in London and dealing with that traffic and congestions charges wasn’t punishment enough, more thefts occurred there than anywhere else (4,777 – nearly half of all vans stolen in the past 12 months). That’s an increase of 15% on the figures from 2017/18.

Outside of the capital, Leicestershire was the second worse area in the country for van thefts, with an 8x increase from the previous year.

Volkswagen Commercial Vehicles, who commissioned the report, suggests that keyless vehicle entry could be partially to blame for the rise in van thefts. That’s definitely one new bit of kit you don’t want on your car. 

Better news however, if you live in the West Midlands, who saw a huge 73% decrease in van theft, which likely has nothing at all to do with Aston Villa being promoted to The Premiership this season, but you never know. Meanwhile, Surrey saw a scant 1% decrease which possibly might be rugby or cricket-related but that’s not our forte and we’re clutching at straws a bit, so we’ll leave that conclusion there.

Keyless Entry is Problematic

Keyless entry is proving to be more of a potential problem than a benefit it seems with thefts of both cars and vans on the rise, thanks to technology hacks that allow thieves an easy way in. And while the wisdom is to add extra security locks and bulkheads and to park your van in a way that doors can’t be accessed easily, it’s not really that simple, is it? You didn’t buy a van tonotbe able to easily access all the extra things you’ve got inside it, without moving it somewhere else and bringing out a prison warden size set of keys for all the extra bolts and padlocks you’ve been forced to add. 

Personally, we’d be insisting on a van without keyless technology, if we were in the market for a new one. But keyless or not, it just goes to show just how important a good van insurance policy is for you guys and girls. And if it’s renewal time, its more important than ever that you check the small print and T&Cs to ensure your personal belongings are also covered and that your van insurance premium adequately covers the costs of the goods that you’re transporting. And that we can help with. Just fill out our form and let the best providers save you a job by coming to you with the most competitive insurance quotes around.

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