Minibuses are a great way to transport your group and yours may be critical to your organisation. Whether you’re a school, university, charity, nursing home or church group, having the ability to safely transport groups of people may be part of your day to day work.
So, it’s vital that you get the right minibus insurance. Without it, you run the risk of having your minibus stolen or facing a large bill in the event of an accident that was your fault. So, keep reading to find out everything you need to know about minibus insurance.
Insurance for minibuses
Thousands of people buy a minibus every year. They come in many different shapes and sizes and so finding the right minibus insurance for your needs can be tricky. Don’t just buy the first policy that you see – always research all the available options to secure the cover appropriate for you. Good cover will include accidental damage, theft and contents cover.
Consider how and when your minibus will be used
When looking for minibus insurance, one of the key factors that you should consider is who will drive your vehicle and where you will take it.
Many minibuses are driven by a number of different people. You may have a few volunteers who drive your minibus or it may be a hire vehicle that is designed to be driven by different users. So, when choosing minibus insurance, make sure that your policy allows for the number of named drivers you want to cover.
The cost of your minibus insurance will also depend on where you intend to travel in your vehicle. Some policies restrict insurance cover to UK usage alone. So, if you’re planning to travel further afield you will need to consider a minibus insurance policy with European coverage.
What is your excess?
When buying minibus insurance you should also take into account your policy excess.
Your excess is the amount of any claim that you have to pay yourself. For example, if your policy excess is £250 and you make a claim for £1,000, you pay £250 of the claim and your insurance company will pay £750.
Most minibus insurance cover will have a fixed excess. You can then often choose a higher ‘voluntary’ excess. Choosing a higher excess will typically make your minibus insurance policy cheaper. However, bear in mind that a higher excess will mean that you will have to pay more yourself in the event of a claim.
