If you own a van, you have probably wondered what type of insurance you need to protect yourself and your vehicle. There are two types of van insurance: commercial van insurance and personal van insurance. While both coverages offer protection for your van, they have different levels of protection and are designed for different purposes.
Difference between commercial and personal van insurance
Commercial Van Insurance
Business van insurance, also known as commercial van insurance, is designed for vehicles that are used primarily for business purposes. This type of insurance is required by law if you use your van for commercial purposes, such as transporting goods or equipment, delivering goods, or providing a service to customers.
Types of Commercial Van Insurance
There are different types of commercial insurance policies available, depending on your specific business needs. Some of the most common types of commercial van insurance include:
- Carriage of Own Goods: This type of policy is designed for businesses that use their vans to transport their own goods, such as a florist delivering their own flowers or a plumber transporting their own tools.
- Haulage: Haulage insurance is for businesses that transport goods for others. This can include courier services or delivery companies.
- Courier: This type of policy is specifically designed for courier businesses. It provides coverage for goods in transit, as well as liability coverage.
Van Insurance Cover
Commercial van insurance policies generally offer more extensive coverage than personal van insurance policies. They can cover not only the van itself, as well as liability coverage for injuries or property damage caused by the van.
Private Vehicle Insurance
Private vehicle insurance, also known as personal van insurance, is designed for vehicles that are primarily used for personal reasons. This type of insurance covers your van for social, domestic, and pleasure use, or other non-business related activities.
Type of Cover
Personal van insurance policies typically offer a lower level of coverage than commercial van insurance policies.
Business Purposes
To ensure that you have the right coverage for your van, it is important to discuss your specific needs with your insurance provider. They can help you determine the type of coverage you need based on how you use your van.
So the main difference between commercial and personal van insurance is that commercial van insurance is designed for vehicles that are used primarily for business purposes, while personal van insurance is designed for vehicles that are primarily used for personal reasons.
If you are looking for van insurance Acorn Insurance can find the best price for you! With competitive prices, excellent policy features, and outstanding customer service, Acorn Insurance is a choice for van insurance in Ireland.
If you need help choosing the right van insurance for your business, contact us at Acorn Insurance to discuss your needs and help you find the right policy. Get a quick quote or contact us by giving us a call at 0818 800222 or request a call back.