Transit van news - Van insurance a must for scrappage trade

Van insurance news
04/01/2010

Scrappage scheme great for commercial vehicle drivers

The first few months of 2010 could see a continuing surge in van insurance customers with older vans looking to trade-in their worn-out commercial vehicles for new models after it was announced that government plans to extend its scrappage scheme.

Providing for a discount of £2,000, the scrappage scheme provides a bit of extra incentive for van insurance holders to bite the bullet and swap their well-loved workhorses for something shiny and new.

And with the government extending the scheme to include vans that are only eight years old, there has never been a better time for businesses, trades people and private individuals to buy a brand new van, whether it is a Transit, Luton, or Mini.

However, van owners cannot simply by a beaten up old vehicle and then hope to reap the benefits; the van must have been registered in their name for a full 12 months and come complete with tax, MOT and van insurance documents.