The importance to business of the humble van

To many people a van is just a standard vehicle, but to those who use them frequently, they?re a box of answers on wheels. Whether it?s simple transportation, or the storage potential, the commercial applications for a van are near endless. For many people, it?s their office, warehouse and place of work all in one.

Because of this, it?s important to never underestimate the value of your van. More than just taking good care of it, you should consider the benefits of getting the right commercial van insurance. More than just giving you the money to keep the van in shape, it takes various other risks and factors into account, allowing you to get on with your finances.

Financial risks

First of all, a van is still a vehicle, so you have the usual financial risks, such as break-downs, repairs, personal injury and other similar incidents. These cases are all related to your van, but all have different costs and expenses associated. Some are practical, such as getting the van repaired and road-worthy again to resume business, whilst others are more legal, such as injury and other claims. In any case, you want financial protection to offset the major costs of these events.

Of course, some of these areas need to be applied to a more commercial or business situation. When running a business, its often cheaper to own one van and utilise several drivers. As such, your insurance needs to cover multiple drivers, for various purposes such as personal injury.

This is something standard insurance can often be rather costly with, essentially ineffective financially when it comes to having more than a couple of drivers listed. If you want to stay money-wise and frugal, this is a key area to look out for.

Commercial concerns

Likewise, there are other areas that may apply more strictly to vans used in business. If goods, tools or other materials are kept in the van, then contents insurance is just as important. This can also include personal belongings insurance, to help protect other items that aren?t necessarily belonging to the company.

This will keep you and your staff at ease more, whilst also keeping costs down by keeping it all under one insurance option. Similarly, a guaranteed courtesy van is something that?s all the more important, where the van is a vital part of a business that can?t operate effectively without it.

Click here for Axa commercial van insurance.