Van Insurance Uk - 3 Options You Have To Choose From
When you own a van within the UK, you are going to need to buy insurance for it
. The law requires this and it helps to protect you in the event that an accident occurs. The last thing you need is an accident without enough cover to protect you.This is why it is so important that you know the types of cover that are commonly available from insurance companies today. When you are ready to make your purchase, here is a look at the three options that you have to choose from.
Third Party Only Insurance:
The lowest cover option that is available when you purchase van insurance UK is known as third party only insurance. This happens to be the least expensive option, but it also covers the least as well. Third party only happens to be the minimum amount of insurance that you are required by the law to carry. With this type of insurance, if you are involved in an accident, only the damage and injury to a third party will end up being covered. This means that your vehicle is not covered and your injuries may not be covered either. Although it is the cheapest option available to you, it may not be the best option if you need to keep yourself financially protected.
Third Party, Fire, and Theft Insurance:
The next level of cover is known as third party, fire, and theft. This includes everything involved in third party only insurance, but it also will cover your van if fire, vandalism, or theft happens to occur. This can definitely be helpful, especially if you life in an area where theft is prevalent. You will end up paying a bit more for this type of policy, but it is worth it for the extra cover. It is important that you know that if the accident is your fault, you still will end up having to pay the damages and if the other driver is uninsured, more than likely you will end up paying for the damage as well.
Comprehensive Insurance:
The last option you have to choose from when you are choosing your van insurance UK is comprehensive cover. This policy is one that will cover many different risks, but it also happens to be the most expensive option you have as well. You get the cover offered with third party, fire, and theft, but you get more cover than that. Your vehicle will be covered if it is damaged and bodily injury to yourself as well as to a third party is going to be covered. Yes, you do have to pay more, but if you depend on your vans or drive them often, it can be worth the extra money in the long run, more especially if you van is new.
When you are ready to purchase your van insurance UK, carefully consider these three levels of cover. This way you can make a good choice. Make your decision based on how much you use your van, your financial status, and the benefits that each level has to offer you.
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