How to reduce the cost of van Insurance in Northern Ireland

Excess

Should you decide to reduce your voluntary excess, you most likely will be able to lessen you insurance premiums. Please note that when you do this, should you make a claim, you will have to pay this excess. Be sure that you think about this carefully and make sure this makes financial sense for you.

Security

You can without a doubt save money on your insurance premium by fitting your vehicle with a security system or approved immobilizer. It might also be well- worth adding a tracker. This way, should your van unfortunately be stolen, you will at least stand a good chance of getting it back. Another super big tick for obtaining a discount on your premium is to park your vehicle somewhere that is secure and safe. Examples would be a garage or a secured area that has a gate and lighting.

Claim your no claims

It’s a well-known fast that a good driver that has years of no claims bonus’ is rewarded with a lower premium. If you’ve a good driving history on your car insurance, why not ask your insurance company if they will take this into consideration? Many insurance providers will ‘mirror’ any no claims bonus that you have built up on your existing car insurance policy. If you haven’t as yet accumulated any no claims bonus on your car insurance just yet, you will certainly be able to build up a no claims on your van in as little as a year, so you very possibly could see some discount when it comes time to renew.

Pay annually

One of the simplest ways to reduce your NI van insurance premium is to pay the premium in full, up front, all at once. There’s that unavoidable fact that interest is typically charged when you make instalment payments.

Let people know who you are

In general and most often, ‘pimping’ up your ride is not a wise idea. Anything that makes a vehicle ‘off spec’ generally will increases insurance costs. The simple reason for this is that the more you customise a vehicle, the more expensive and also potentially more difficult it is going to be to find the parts needed and to repair it.

This being said, should you customise your van with your company logo or its advertising, then there is a good chance that you could very well attract lower van insurance premium costs. The reason being that thieves are no doubt much less likely to steal something that can be identified easily.

Make sure you are honest and be accurate

Be sure to be upfront about what it is that you are using your van for. Important legal information about your vehicle that is incorrect or missing will for sure work against you should ever find yourself needing to make a claim. In addition, be as accurate as possible when declaring your mileage.

Additional drivers

While you may be a fantastic driver with a clean licence, adding an additional driver can often times result in a lower premium. A driver who has points on their license or anyone under 25 years of age will push up your premium. However, if you add an additional named driver that has a good driving history and clean licence can reduce your premium.

 

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