Hiring a van can be a stressful experience.
Between deciding which vehicle you need, booking it, and the fear that you’re going to damage it, you may be left wishing for an alternative solution.
But van hire doesn’t have to be this difficult!
One of the most important things to get your head around is insurance, because it’ll be your knight in shining armour should something go wrong (which is unlikely).
But you might have one burning question: can you use your own insurance for a hire van?
So, can you hire a van using your own insurance?
Yes – you can use your own insurance!
There’s a little bit more to it than that, though.
The company you hired the van from will most likely have their minimum coverages, and then your insurance will have its own coverages.
Here are a few things you need to consider before attempting to use your own insurance for a hire van.
Know who is covered
It’s easy to assume that your policy will cover you for any vehicle you drive. This is generally true with your comprehensive coverage, as it often allows you to drive a friend’s vehicle without additional coverage.
However, this is not always the case, and you may not be covered in hired vans. If you are, it might only cover the lead driver and not anyone named under the policy.
It’s therefore very important to double check your policy.
Make sure van hire coverage isn’t excluded
Some insurance policies will specifically exclude hiring a van.
Don’t assume that, since you have comprehensive coverage, you’ll walk into the rental agency with no issues.
Again, make sure your policy includes hiring a van, or you will have no choice but to purchase additional insurance from the rental company.
Make yourself aware of its limitations
So, it turns out that your insurance policy does cover you when you hire a van. That’s great!
But what are the limitations?
Even if you are covered, your policy will likely require additional coverage or need a CDW (Collision Damage Waiver). That’s why it’s important to pay close attention to all the detailed wording to avoid getting hit with costly fees that you weren’t expecting.
Say you have all the coverage, and you are good to go. Did you know the windscreen may not be covered?
How about the roof or undercarriage?
The likelihood of running into an issue is thankfully small, but reviewing all the limitations of your insurance policy is an important step before you drive away.
This coverage is generally included by default.
Make sure you read the fine print, though. They may include an LDW (Loss Damage Waiver) which is a hybrid between a CDW and theft protection policy, where you’re still expected to foot the bill if something goes wrong.
So, yes – while your personal van insurance may follow you when you hire a van, it’s important that you make sure you’re fully covered against anything that might happen.
We hope this has helped, but if you’ve got any more questions about hiring a vehicle, just get in touch with the Squab team, today!