Tips for minibus insurance

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  • Increase Voluntary Excess – Insurance policies will generally have a compulsory excess which you would have to pay in the event of you making claim. Most insurance companies will allow you to add a voluntary increase on the excess which will bring the cost of your insurance down however we advise you make sure you are comfortable with the amount as it would be requested in the event of a claim.
  • No Claims Bonus (NCB) – The more years you have available the lower your premium will be. We can also accept No Claims Bonus from a private car as long as it is not already being used.
  • Introductory Discounts – In the event you do not have any No Claim Bonus we may still be able to offer an introductory discount which would depend on your claims history. As long as you hold an accident free claims history from a similar vehicle we may be able to offer a discount which is the equivalent to having 3 years No Claim Bonus.
  • Driver Restrictions – If you only have one or two people that will be driving the vehicle it may work out cheaper if you restrict your policy to the named drivers only. We also advise you check the drivers licenses to confirm they have no points that may further effect the premium. We advise you obtain confirmation of who is covered to drive the vehicle before proceeding.
  • Usage – Make sure you inform the broker/insurer of the exact use of the vehicle as failure to do so may lead in the policy not indemnifying you in the result of an accident. We also advise to make sure drivers have the correct license for the vehicle.
  • Claims – If you are involved in an accident we recommended you think about the cost of the repairs before making a claim. If the incident has caused minor damage it may be more cost effective to settle the bill yourself to keep your next year’s premium low.
  • Compliant – If the vehicle is being used for a school or educational facility we advise you should ensure that you are complying with the policy and that the policy meets the requirements of your Local Education Authority (LEA).