Is there such a thing as pay as you go van insurance?
The pay as you go phenomenon is everywhere. No longer is it reserved for mobile phone contracts because these days it covers everything from TV packages to club membership and even gym fees, helping ensure consumers aren’t locked into expensive contracts that they can’t afford to keep up with. It can be the perfect solution to life’s little issues, so wouldn’t it be nice if there was such a thing as pay as you go van insurance? Well, as luck would have it, there is.
There are some specialist companies out there that let you arrange van insurance on a monthly basis, leaving you free to cancel at any time for the ultimate level of flexibility. It could be the perfect solution for someone that my only need to drive a van for a few weeks or who works on a part-time basis and therefore doesn’t know when they’ll need their van next—having the freedom to cancel and re-activate their policy at will offers a highly convenient and cost-effective solution to their needs, ensuring they don’t have to pay for an annual policy if it’s unnecessary.
But, it’s important to know what you’re getting into. Pay as you go options might be ideal for people that only need cover for a set amount of time, but if you keep it going for longer than expected it might work out more expensive that opting for an annual policy. Then you’ll need to look at any interest payments, handling fees, administration charges or deposits you’ll be subjected to because they could all have an impact on the price you’ll end up paying, which is why it’s so important to research and make an informed decision.
So, there really is such a thing as pay as you go van insurance, and for a lot of van drivers it could end up being the perfect solution. As long as you make sure to do your research and always check the small print to ensure you’re not losing out it could be a cost-effective and hassle-free way of arranging the necessary cover, so make sure to bear this option in mind and you could have the ideal solution to your insurance needs.