Most plumbers are facing extra van insurance costs as a result of committing to a policy at the last minute.
Confused.com has found that 53% of plumbers that own a van run a quote within 48 hours of their intended inception date for cover. Those that do receive an average premium of £854.60. However, the more organised van owners –running a quote 19-22 days before their inception date – received an average premium of £706.97, saving 17%.
Amanda Stretton, motoring editor at Confused.com told HPM: “A worrying number of Plumbers are leaving buying their van insurance to the last minute – a mistake that is costing them up to £147, on average.
“According to our data, Plumbers should consider shopping for their van insurance around three weeks before their renewal date in order to optimise savings. Our go-to guide highlights the many other ways van drivers can save on their insurance. It can be as simple as shopping around earlier, or tips such as making the van more secure, which will also make it less prone to theft.”