Temporary Van Insurance
How It Works
Temporary or short term van insurance is one of the products available to you in the UK market. This insurance is designed to fit specific needs of drivers. We will examine what this type of insurance is and how it works to give you a better understanding as to whether the product is right for you or not. We’ll also explore a few of the advantages and disadvantages of temporary van insurance, so that you have a better understanding of it.
If you do not own a van, but need to borrow someone else’s van for a day or two, temporary van insurance could be your answer. Temporary van cover is for individuals that do not require full time cover for a van. With this temporary cover you will not have to put the no-claims bonus on your main vehicle cover.
This product is ideal for temporary additional drivers, temporary additional vans, lending a van to someone else, unaccompanied vehicle demonstrations, and immediate drive-away insurance for those who may have just bought a van. Anyone with a UK driving licence qualifies for the insurance as long as they are over 24 years of age. The insurance is good for one to 28 days.
Our explanation of what van insurance is helps you gain an understanding of how it works. You have cover for a specific period of time that is less than one month. During this time if you get into an accident with the van you are covered by the insurance, without affecting your regular insurance. After the period of insurance ends, you are no longer covered for the van stated on the temporary van insurance policy.
The benefits of this insurance are the low cost to get cover for the time you need it, being covered in the van you are driving, and protecting your main vehicle cover. The temporary insurance cover is put into effect on the day stated in the purchase agreement. It can take a day or two for the paperwork to process. Payment is required at the time you set up the insurance since it is not a month to month plan.
Insurance quotes for temporary van cover can be higher than a normal monthly insurance payment. When you have full time insurance you are paying the company to protect you for a longer time period; therefore, your payments tend to be lower based on the cover you need. For this reason temporary van insurance is not always an affordable option.
If you require the use of a van every month for one or more days, you may find that it is more cost effective to purchase a standard van insurance policy. On the other hand, for those who rarely use a van and do not own one temporary cover can be quite useful. You can save money on a short term policy covering you for the specific time you will drive the van rather than when you are not driving it.