Keeping you up to speed
Britain is a nation of entrepreneurs, especially since the downturn has led to many people being made redundant from their regular job. It seems that more and more of us are setting up our own businesses, covering a huge range of services and many of these require a van for business.
So what kind of business can you set up as a van-trepreneur and what do you need to consider before using a van for business and commercial purposes? How will using your van for business affect your van insurance premiums?
There are lots of different businesses that you can run using a van and a little imagination. For example, some great ideas for using a van for business are:
Many van-based businesses are available as a franchise, giving you the backing of an established business model and a well known name. Find out more about van-based franchises.
While a van-based business may give you lots of freedom, such as being your own boss, working from home and choosing your own hours, you need to make sure that you stay legal. You do not need any special licence to offer a man-with-a-van service, but you may do for businesses such as catering or sandwich rounds. Check with your local authority if you are not sure.
You will also need to check carefully with your van insurance companyto make sure that you are covered. A basic van insurance policy will probably exclude commercial use, so chances are you will need to take out a special policy to cover your van for business use. The cost of this will depend on a range of factors, such as whether you carry expensive stock or equipment and whether this is left in your van overnight. If you are transporting goods for other people commercially, these may not be automatically covered by your van insurance policy.
To be sure that you are covered, simply talk to your van insurance company. They will be happy to help with any amendments to your cover or any extras that you need to make your business safe and successful.
Customers with a policy that started on or before 31st December 2016 can continue to use this website as usual.
Customers with a policy that renewed on or after 1st January 2017 – the details on this website will not be relevant to your policy, please see your renewal pack for further information.