A guide to young drivers van insurance
As with any type of vehicle insurance, younger van drivers are always going to be thought of as being a higher risk than their older counterparts. This means that not only will it be difficult to source a suitable policy if you’re under 25 years of age but also that the costs will be incredibly high should you be successful, with insurance companies having to account for the fact that you’re statistically more likely to make a claim. But, that doesn’t mean that sourcing suitable insurance will be completely impossible and there could even be ways to keep costs down, because if you know what you’re looking for (and where to look) you could soon find the young drivers van insurance that you need.
Can I get young drivers van insurance?
The short answer is yes, you can get young drivers van insurance, but as with so many things it isn’t always as simple as it first appears. Not all mainstream insurers will offer such cover so it could take a fair amount of digging if you want to find the policy to suit, and if you’re much younger than 25 you should be prepared to spend time doing some hefty research. You might need to head to lesser known companies that specialise in offering this kind of “high risk” cover before you’ll be successful, but be warned—even if you’re able to source young drivers van insurance, you’ll often have to spend huge amounts for the privilege.
How can I keep costs down?
There is some light at the end of the tunnel though—if you search wisely and bear in mind a few additional tips you might be able to keep costs down after all. Of course, a lot of it comes down to where you choose to look which is why thorough research and comparisons is so important, so always make sure to compare every single quote you come across before you make your final decision. Different companies will always have slightly different rates so it makes sense to check, and whether you choose to do it manually or by using a price comparison site the cost savings could be well worth it.
Then you need to consider other ways you could save some cash, and it’s important to remember that the final price will often be dependent on a combination of the vehicle you’re driving, the type of work you’re carrying out, where you’ll be storing it overnight and any added extras you want included. That means you should ideally choose an older vehicle that meets your needs without being overly expensive and/or particularly powerful, and if you can keep it in a locked garage with added security devices installed you could save even more.
Always consider the possibility of increasing your voluntary excess and reducing your added extras—both of these options could instantly give you extra cash in your pocket so can be a great way to keep costs down, but above all be prepared to do your research. It’s always possible to find young drivers van insurance and if you go about it the right way you needn’t spend a fortune either, so always be prepared and you can get on the road with the peace of mind you need.