Saving Money on Your Minibus Insurance

Minibus insurance is something that every minibus owner must take care of. Whether you’re a new minibus owner or it has come to time for you to renew your cover, you should find this article of great use. Whilst paying for insurance is something that nobody relishes, it needn’t be a hassle and if you approach it with the right attitude you’ll find that you can actually save a lot of money when you know how. Before I get into the ways you can save on your minibus insurance I’ll look at some of the main types of cover you can get so you can decide on the type of policy you need.

Types of Cover

  • Third Party Only – Third party only is the lowest level of insurance you can get for your vehicle to road legal. Bear in mind this is only a viable option if you use your minibus for private purposes only. If you transport passengers for profit then you’ll need a higher level of cover. 
  • Comprehensive – Comprehensive insurance will cover you for all types of collisions as well as fire, theft and vandalism. It’ highly recommended that you get comprehensive cover for a minibus.
  • Charity Minibus Insurance – In the UK you’re able to get a special type of charity minibus insurance provided you can provide the correct permits. Charity minibus insurance is considerably cheaper than regular insurance but it you can only get this type of cover if the charity is solely used for charitable purposes.
  • Breakdown Assistance – This is an extremely useful option to get included with your insurance. Most insurance providers will give you the option to have breakdown cover included in your policy so if you don’t already have it then it’s definitely worth the extra.
  • Fleet Insurance – If you’re the operator of a minibus firm then fleet insurance is definitely the right option for you. You can insurance as many vehicles as you want under the same policy which saves both time and money.

Saving Money 

  • Pay Annually – Most insurance providers prefer that you pay for your insurance annually and will therefore offer you a significant discount if you choose to pay in this way. You should opt for this whenever possible as it’s one of the most reliable ways you can save on your minibus insurance. 
  • Join an Owner’s Club – There are many minibus owner’s clubs around the country and more often than not insurance providers will offer significant discounts to members so it’s always worth joining one.
  • Shop Around – Perhaps the most obvious way to save money on your minibus insurance is to shop around. Thanks to the internet it’s now easier than ever to get a lot of quotes to choose from. There are a great deal of insurance comparison sites out there so there’s no excuse not to shop around. One very reliable comparison site is www.minibus-insurance.net

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