What Types of Van Insurance Exist?
If you own a van then you may require van insurance. Not all vehicles are the same so it is important to select the right type of insurance for your specific needs. There are two main types of van insurance policies to choose from - third party cover and comprehensive cover. Before selecting either option, it is important to make sure you understand what each one offers and how they may affect you.
Third Party Van Insurance
Third party van insurance is the most basic type of van insurance. This type of policy will cover you against any damage that you cause to someone else’s property when you are driving your van. This includes any damage to other vehicles, buildings or items. It will also cover you for any medical expenses that you have to pay as a result of an accident. Third party van insurance does not provide any cover for your own vehicle, any goods that you may be transporting, or any damage that you may cause to yourself.
Comprehensive Van Insurance
Comprehensive van insurance provides a much higher level of cover than third party insurance. As well as covering you against any damage that you may cause to other people’s property, a comprehensive policy will also provide cover for any damage that you may cause to your own van. This includes damage caused in an accident or by any other type of event. It also covers you for theft of your van and any goods that you may be transporting. Finally, comprehensive van insurance provides cover for any damage that you may cause to yourself.
Conclusion
When selecting van insurance it is important to make sure that you select the policy that is best suited to your needs. Third party van insurance provides a basic level of cover for any damage that you may cause to other people's property. Comprehensive van insurance provides a much higher level of cover. This includes protection for your own van and any items that you may be transporting. Before selecting any policy, it is important to make sure that you understand what is covered and that you have sufficient insurance in place for your needs.