Pedal Powered Van Insurance?
Fancy cycling your way to cheaper any driver van insurance, anyone? No, this is not the pedal-powered version of the telematics black box, nor indeed is it a pedal-powered van.
Instead, this is an idea currently being mooted by the Department for Transport (DfT). The organisation is proposing that motorists in the UK could become eligible for cheaper van insurance premiums by taking courses in cycling awareness.
The cycling awareness idea is just one of 50 safety measures proposed as part of the government’s ‘Cycling and Walking Investment Strategy’. They are designed to increase the safety of cyclists and pedestrians on the nation’s roads following an increase in fatalities recorded in 2017 and form part of a two-year plan of action. Additional ideas include ensuring that cycle lanes are free of parking bays, making greater use of helmet-cam and dashcam through online portals and making greater allowance for the needs of cyclists by enacting changes to the Highway Code.
Some of the ideas have already been trialled. For example, in October 2016, North Wales Police began using helmet- and dashboard-mounted cameras, and have so far used footage to resolve 129 cases.
It remains to be seen just how many van drivers would have the inclination and the time to complete the ‘Bikeability’ training courses in order to be given the chance to receive cheaper van insurance.
It is clear that the government views increased levels of cycling as the future, both from an environmental and infrastructure perspective. Councils are going to be urged to spend approximately 15% of their transport funding on improved infrastructure for cyclists and pedestrians.
Find Cheaper Van Insurance Today
Given how costly some any driver van insurance policies can be, it makes sense to utilise every possible path to cheaper van insurance. Whether this means taking a cycling awareness course, driving carefully to preserve your no-claims bonus or comparing quotes online from a variety of providers, van drivers who take the time to plan are those who are most likely to benefit.
If you would like the opportunity to find cheaper any driver van insurance for your commercial vehicle, try iVan’s quote engine today. Simply click on the orange 'Get a Quote' button to get started.
Be Sure to Inform your Any Driver Van Insurer when Moving House
There are many ways that a policyholder can invalidate their any driver van insurance. In fact, time and again drivers throughout the world find that, when it comes to the crunch, they are not covered because they have lied about their jobs, failed to disclose a modification to their vehicle or evaded the truth regarding their vehicle's class of use.
However, there is another frequently innocent mistake that may lead to a policyholder invalidating their any driver van insurance: failing to inform your provider that you have moved to a new address.
Innocent Mistake, Serious Consequences
Moving house can be one of life's most stressful events. Not only do you have to say goodbye to the place you have called home for a settled period, you also have to farewell your familiar neighbours and cherished community. Then there is the logistics: painstakingly putting your life into boxes and uprooting to another location is drain on time, energy and emotions. The same can be said for moving business address.
It is little wonder then that so many forget to inform both the DVLA and their any driver van insurance provider, potentially risking a significant fine or even the invalidation of their insurance cover.
What to do
In order to ensure that you don't forget to inform your insurer, you should notify them of your plans as soon as you have confirmed your move date and become subsumed by the chaos of your move.
Remember, if you are parking your vehicle at your address, the price of your insurance premium will be based in part by the risks particular to your postcode – the same goes for a business address: if you park outside your business and are moving the address of your firm, you should let your insurer know at the soonest opportunity.
Not only could failing to notify your insurer and the DVLA invalidate your insurance premium, it may also result in a £300 fine, six penalty points and the possible seizure of your vehicle.
Any Driver Van Insurance from iVan
Any driver van insurance is all about giving your business and your fleet the flexibility and freedom to meet your changing daily demands.
However, an any driver premium can sometimes be the expensive option. In some cases it may be cheaper to opt for a policy that gives you multiple named drivers. As a commercial vehicle cover specialist, iVan can help you find the policy that is best-suited to your needs.
Van Insurance Price Dropped in 2018, But Will it Last?
Last year van insurance customers had some welcome good news with Consumer Intelligence's Van Insurance Index finding that the average price of a premium dropped by 0.9%.
Despite this, the cost of van insurance premiums actually rose by 1.2% in the three months to December and experts predict that they will continue to rise throughout 2019.
It seems strange that the cost of premiums should rise at just a time that the government is taking steps to reduce the cost of accident claims on the motor insurance industry.
However, there are various other factors in place, not least the impact of claims involving the kinds of expensive and sophisticated technology that is becoming increasingly a feature of today's vans. Furthermore, most vans are now manufactured far from these shores so the cost of importing replacement parts only adds to the overall bill.
There has also been some convergence in the cost of van insurance to different demographics. This has been good news for younger drivers, with under 25s seeing the average premium price drop by 5.9% in 2018, but bad news for over 50s who saw the average price of a premium rise by 1.6% in the same period. Drivers who are between 25 and 49 benefited from a small price drop of 0.3%.
There was also some difference in the cost of insurance depending on how a van is used. Vans used purely for business purposes saw average premiums drop by 0.6%, while drivers who used theirs for social, domestic and pleasure policies as well saw their premiums fall by 2.3%.
Consumer Intelligence's pricing expert John Blevins commented, "The price rises in the past three months are signalling a turn in the market after a sustained period of premium reductions.
"Insurers have passed on price cuts where they can but claims costs are dictating premium rises with the increased cost of importing spare parts a major factor when repairing vans following accidents.
Now is the Time to Save
The considerable cost of van insurance means that wherever possible, drivers should find savings where they can. By getting a quote with iVan, you can compare commercial vehicle insurance quotes from a range of providers. Try our Quote Engine today.
Tech-Savvy Thieves can Target Any Van
An investigation by The Sun newspaper has revealed that any driver van insurance policyholders need to become more vigilant as a response to the increasing levels of sophistication demonstrated by thieves.
This follows revelations last year from security company Tracker, which released data showing that 82 per cent of van thefts occurred without keys in 2017, a vast increase in the number of similar thefts in the previous year.
From exploiting security flaws in the keyless systems of commercial vehicles to duping drivers into leaving doors unlocked, thieves are nowadays able to break into vans in as little as six seconds.
After receiving permission from the the owners of the vehicles concerned, the team from the newspaper used the key fob hacking technology to break into vehicles made by the following manufacturers (also listed are how long it took to break into each van):
- Skoda: 10 seconds
- Nissan: 10 seconds
- Mazda: 12 seconds
- Renault: 13 seconds
- Hyundai: 19 seconds
- Volvo: 23 seconds
- Volkswagen: 42 seconds
Terrible Technology Democratised
The Sun found that anybody in the UK can buy the hacking technology. Online sellers based in Russia have no checks to prevent the devices from falling into the hands of criminals. However, The Society of Motor Manufacturers & Traders (SMMT) has said that it is “working closely with government, insurers and police forces to stop the open sale of equipment which has no legal purpose.”
Ford, which manufactures the Transit van, the most-stolen van in 2017, says it is developing a sleep mode for its key fobs in order to prevent thieves from hacking into signals. Other manufacturers, including Skoda Volkswagen, Nissan, Hyundai, Volvo and Mazda say that they will be doing the same.
In the meantime, any driver van insurance fleet managers should consider security measures such as steering locks, wheel clamps and locking tools away.
Van Insurance for Any Driver - Preparation Helps Save Money
When is the best time to buy your van insurance for any driver policy? This should be a simple question to answer, but according to research from one comparison website, it is one that consumers and fleet managers struggle to answer correctly.
The company says that van insurance for any driver customers are missing a trick, with 55% buying their cover 48 hours or less before the date of renewal, with 26% only beginning the process on the last day of their policy.
However, the company claims that this approach could be costing consumers up to £1,000 a time – and potentially more for fleet managers looking for any driver van insurance policies. It states that by purchasing a policy around three weeks before the expiration of an existing deal, customers can save more than £200—or around 30% of what they might pay by leaving it to the last couple of days.
Furthermore, the comparison website claims that van insurance customers suffer more from tardiness in this regard than their car insurance counterparts who, although they have a tendency to leave it late, do not put it off quite as much as their van driving cousins.
In an age in which any driver van insurance cover can be prohibitively expensive to many consumers and trade magazines and internet websites abound with articles about the steps that people can take to obtain cheaper van insurance, the poor level of awareness surrounding the importance of advance renewal planning is surprising.
However, it should come as no surprise; there are very few areas in life where leaving something important to the last minute is likely to result in a favourable outcome.
If you are coming towards the end of your any driver van insurance policy's coverage, you should compare quotes with iVan today – you may find that doing so saves you money on the cost of your policy.