Commercial Vehicle Insurance

Commercial Vehicle Insurance

About this type of cover

Many businesses employ the use of vehicles and drivers, and for those using business vehicles it is important to have commercial vehicle insurance in place. The use of vehicles in business differs from private use, and therefore the insurance needs of commercial vehicles are different. Commercial vehicle insurance ensures that your business vehicles - whether they are vans, trucks, cars, etc. - are adequately covered

Summary of Cover

The features provided with commercial vehicle insurance will be dependant on the level of cover that you take out as well as on the type and number of vehicles. You can generally select from the most basic cover, which is third party, through to fully comprehensive cover. Commercial vehicle insurance (depending on the level taken) can cover you for harm or liability to a third party, harm to the driver, damage to your vehicle, fire and theft of your vehicle, and legal costs. It is important to check the features of any commercial vehicle insurance policy before you commit, as it is vital that you have the appropriate level of cover to meet the needs of your business.

As with other types of insurance cover, there are a number of optional extras available with all types of commercial vehicle insurance cover. These include:

Legal expenses cover, which will cover you for legal costs should you not already have this cover included in your policy.
Breakdown cover is another popular optional extra, and it is a good idea to take this out if you have commercial vehicles, as your income could rely on your vehicles being on the road. You can get different levels of breakdown cover.
Glass cover is also available, and offers valuable protection against window or windscreen damage.
Tools and spare parts cover is available with some insurers, which will ensure that you can get on with your work whatever the circumstances.

It is imperative that you check any commercial vehicle insurance policy before making a commitment to ensure that it provides the levels of cover that you require for your vehicles. Policies can differ from one insurer to another, and it is advisable to compare both premiums and features before making a decision. The claims procedure can also vary from one insurer to another. This will depend upon the insurer's own regulations and you should ensure that you are familiar with the claims procedure.