Van leasing with insurance guide

Just like purchasing a vehicle outright, motor insurance is a must when leasing a van. It’s a legal requirement in the UK and mandatory if you plan to drive on public roads.

Third-party insurance is the legal minimum and offers cover if you have an accident that causes damage to another car. You’re also covered for injuries to people or animals. Third-party policies don’t cover damage to your own van, which could leave you out of pocket if you’re at fault.

While you can arrange cover separately, a van lease with insurance streamlines the process. Both your leasing agreement and insurance policy are rolled into one which makes payments easier to manage.

Van leasing with insurance is a terrific option for businesses that covet convenience and cost-effectiveness. Enjoy a cache of benefits, including comprehensive insurance coverage, maintenance and repair services, breakdown assistance and more – all bundled into one package.

This not only streamlines the leasing process but simplifies your budget by combining expenses into a single monthly payment. Plus, with insurance included in your lease, you can avoid the hassle of searching for separate policies and negotiating premiums.

When you lease an insured van, expect comprehensive coverage that includes:

• Third-party liability – covers damage to other vehicles or property in an accident where you're at fault
• Theft – protects against theft of the van or its contents
• Vandalism – covers damage caused by vandalism or malicious acts
• Accidental damage – provides coverage for damage caused by accidents, collisions or other unforeseen events
• Fire damage – protects against damage caused by fire or explosions

Van leasing insurance is available to a wide range of individuals and businesses, including:

• Sole traders
• Small businesses
• Medium to large enterprises
• Individuals with a valid UK driver's licence

Anyone who meets the finance company’s criteria is eligible for van leasing with insurance. Leasing can be useful for new and growing businesses that want to upgrade to a new vehicle while preserving capital.

Whether you're a self-employed tradesperson or a corporate fleet manager, leased van insurance could be your ticket to a smooth and stress-free ride.

We get it – accidents happen. Whether it’s a small bump or a serious pileup, comprehensive leased van insurance has you covered.

At Leasing Options, we back our comprehensive Fuel & Go package with a 24/7 Driver Helpline. Simply call 0370 664 499 to report the incident. We’ll send help and set to work getting you and your van back on the road as soon as possible.

Our response times are faster than the industry standard and we’ll never leave you stranded on the roadside for hours or without a set of wheels for weeks.

What happens if my van is written off?

If your van is written off after an accident, your finance company will assess the damage and decide whether to repair the vehicle. If the cost of repairs is too high, your lease may be terminated, and you might be eligible for a replacement van or compensation.

Act swiftly to maximise the chances of recovery! Here’s what to do:

Contact the police: Report the theft to the police immediately and request a Crime Reference Number (CRN) for insurance purposes.

Call the Driver Helpline: Contact the Driver Helpline within 24 hours to inform them of the theft and provide the CRN. With leased van insurance you don’t need to worry about contacting your insurance provider – the leasing company takes care of this.

Most van leasing deals give you several types of insurance coverage to consider. Here’s a closer look:

Types of van lease insurance

Below, you’ll find the different types of insurance cover you’ll have to choose from:

Fully comprehensive insurance - provides the highest level of coverage, including protection against damage to your van. You’re also covered for third-party liability, theft, fire and vandalism

Third-party insurance - The bare minimum in the UK, third-party insurance offers basic coverage for accidental damage to other vehicles or property when you're at fault. This type of insurance can be suitable for budget-conscious businesses but may not offer enough coverage in some situations

Theft and fire insurance - Provides coverage specifically for theft and fire-related incidents – good for bare-bones protection for your van and its contents

Before choosing an insurance policy, it’s important to carefully assess your needs and budget. Fully comprehensive insurance offers the most coverage but generally comes with higher premiums. On the other hand, options like third-party only can unlock cost savings but may leave you out of pocket in some situations.

Budget is a priority for most businesses and motor insurance is one area where there are significant savings to be found. Here’s how to score the best deals:

• Compare quotes – Shop around with multiple insurance providers to compare rates and coverage options
• Consider excess levels – Opt for a higher excess to lower your insurance premiums
• Maintain a clean driving record – Insurance companies typically offer discounts to drivers with a clean record
• Bundle policies – Consider bundling your insurance with your van lease to qualify for multi-policy discounts

Choosing van leasing with insurance provides businesses with unparalleled benefits -convenience, cost savings and peace of mind. With comprehensive insurance bundled into your van lease package, you can avoid the hassle of separate policies, unlock financial savings and know your van is fully protected against various risks.

Whether you're a small business owner, self-employed or manage a corporate fleet, leased van insurance streamlines operations and leaves you free to focus on growing your business.

Discover your brand-new van with a van lease deal today or contact our expert team to chat through your options.