Anyone who owns a van will get a policy coverage for it. But then, what if you do not own a van and need to borrow or hire one, would you still get a full conventional van policy coverage? Certainly not. The perfect option in such situations is usually a one-day van insurance cover. This coverage is ideal for both personal and commercial use because of its flexibility. It provides the exact coverage standard van insurance offers and is also cost-effective. So you are based in the UK and need to ride a van for a day, whether you intend to move into a new house, transport weighty stuff, or just run errands with it, one-day van insurance is just the perfect cover you need.
One Day Van Insurance
One-day van insurance is a temporal policy coverage for vans that a driver can secure if you want to protect a van for roughly about 24 hours. It comes in handy when you’re renting a vehicle, insuring a worker temporarily, or occasionally using a van. If all you need is a 24 hours coverage, a day van insurance is the most convenient, cost-effective, and flexible alternative.
How Does It Work?
The one-day van insurance works in the same way as regular van insurance. You can receive full coverage with documentation in minutes. This will enable you to get behind the wheel in no time. All you need is the owner’s consent for the van you’ll be driving and a one-day cover policy to hit the road. When you insure a van for a day, it lasts for 24 hours, depending on the insurer, it runs from midnight to midnight and it gives you the freedom to enjoy driving without fear of liability, loss, or damages.
If I Need A Van For Just A Day, Why Buy A Policy Coverage?
Good question, why would I bother to get policy coverage when the van will only be used for a day? It would help if you got a policy for the van you intend to drive in a day because hitting the road without insurance is a crime. This simply means driving without insurance is against the law and you sure do not want to be fined for breaking rules.
When Can I Get The One Day Van Insurance?
If you are caught in between any of these situations, then, you need one-day van coverage.
- Riding a friend’s van.
- Moving your things or helping someone move their belongings to a different location with a rented van.
- Going for a trip with a rented van.
- Test driving a new van or driving it home just before buying a conventional coverage
- Moving work equipment from one location to the other.
- Moving larger or weighty items
One Day Van Insurance Cover
The one-day van insurance provides you with the same security as a conventional van policy coverage. However, this is depended on the types of coverage you intend to buy from insurers. Depending on the level of coverage you buy, a one-day van policy covers you in much the same way as a conventional van insurance policy:
#1. Liability Insurance
The liability insurance protects you from any damage done to a third party. It could be a bodily injury or damage to property. Third-party coverage is the legal minimum for any type of automobile insurance, and it covers you for any damage you cause to another person, their car, or their property throughout the day.
#2. Fire And Theft Coverage
The policy covers any loss or damage caused by fire or resulting from theft
#3. Accidental Damages
The accidental damage covers you for any unintentional loss or damage.
#4. Full Comprehensive Cover
The fully comprehensive cover provides coverage for both personal accident and liability cover.
#5. Personal Belongings
Coverage for personal belongings depends on insurers and the items being insured.
What The One Day Van Insurance Cover Does Not Include
Your one-day van insurance does not include the following;
- Policy coverage for additional drivers
- Damages that occur while an insured van is towing a breakdown car
- Damages or loss as a result of weight above 7.5 tonnes
- Your excess.
Van Insurance For One-day Add-ons Policies
These are the additional coverage you can add to your policy for better coverage.
#1. Legal protection
This covers any legal costs incurred as a result of accidents that were not your responsibility. It also takes care of any legal cost you may incur with the van.
#2. Employers’ Liability Insurance
The employers’ liability insurance covers your expenditures if one of your employees is injured while working for you, such as if they are wounded transporting heavy things.
#3. Breakdown Insurance
If your van breaks down while you’re driving, you’ll be able to receive help and continue your journey.
#4. Tool Insurance
The Tool insurance protects you if any tools or equipment left in your vehicle is lost, damaged, or stolen.
#5. Courtesy or Replacement Vehicle
If your van is being repaired, you will be offered a replacement vehicle to use while it is being repaired.
Factors that Affect The Cost Of One Day Van Insurance
As much as the one-day van insurance save money and provide coverage in case of loss or damages, there are a few factors that affect it, and some of these include;
#1. Driver’s Age
Young drivers mostly receive one-day van insurance at a higher price because of their age and inexperience. Insurers assume young and inexperienced drivers are more prone to claim than experienced drivers
#2. Vehicle Worth And Size
In general, the larger your van is, the more it will cost to insure it.
#3. Excess
Most insurance policies require you to pay an obligatory excess fee, but you may also have the option of paying a voluntary sum. As a result, the more you opt to pay, the lower your premiums may be.
#4. Van Location
If you need van insurance in areas that have high crime rates, it may have an impact on your premium expenses. Just like the age factor, insurers assume drivers in these locations, may likely encounter danger.
#5. Drivers’ Claims history
If you have a history of filing a lot of claims on your car insurance, your premiums are likely to go up.
#6. Driver’s Occupation
The driver’s occupation also determines the cost of your premium. This is because insurance wants to be sure you can afford the add-ons you want to include in your policy. Also, in the event of claims, you can afford the excess.
#7. Driver’s History
Individuals with bad driving history are also faced with a higher premium.
Eligibility For One Day Van Insurance Cover UK
To be eligible for one-day van insurance in the UK, you will be assessed from two standpoints. First is the van’s driver and second, the van itself. Both must meet certain requirements before insurers allow you to purchase a policy. For drivers in the Uk, to be eligible for daily van insurance;
- You must have a valid driver’s license from the United Kingdom or the European Union
- Any driver who wishes to get a one-day van insurance cover in the Uk must be between the age of 17-77
- The driver must be a permanent resident of the United Kingdom for the past 12 month
- The point on your driver’s license must not be more than 7 within the last three years.
- You must have a good driving record and have not been disqualified from driving within the last two years. Your fault claims in the past three years must not be more than two
- No criminal record
What Qualify A Van For One Day Insurance Coverage?
- The van must be between £1,500 and £65,000 in value
- Van must be in good working condition and also roadworthy.
- Except you are using the one-day van insurance to get tax for the van, the van must be taxed.
- The van must have no alteration from its original state except for the manufacturer’s permitted addition.
Buying Guides For One Day Van Insurance
To get the one-day van insurance, the first thing we advise you to do is to get quotes from insurers. After getting quotes, compare the quotes as well as the coverages that each insurer provides. You will be required to indicate the date and time of van usage, so you need to be sure of this to enjoy your coverage. Finally, buy from the insurer you felt provides adequate coverage that is most suitable to your needs.
Conclusion
Why waste money on a service you need temporarily when you can get just what you need? If all you need is short-term coverage, insurers are glad to provide you with a day insurance policy coverage that is cost-effective.
FAQs on One Day Insurance
Does van insurance have to be commercial?
If the one-day van policy coverage you need is not for personal use and not for commercial purposes, then you do not need commercial coverage.
Can I insure for more than one day?
Of course, you can instead of getting a one-day coverage, switch to a temporal van coverage. With this, you select the number of days you want your insurance to last.
What happens when the day is over and I still want to use the van?
Whatever loss or damages encountered will not be covered because your insurance term has already elapsed. That means you will be liable to the full expense of loss or damages. However, If you intend to use the van, then you will have to extend your policy to enjoy the coverage.
