Self Drive Insurance Policies for Van Rental Businesses

Self Drive Van Hire Insurance

Whether you are new to the market or an established business with many years trading history we can help you find self drive van hire insurance. This can be tailored to your needs, and our partners can arrange both comprehensive annual insurance (which covers both the motor insurance needed while the vehicles are on - or off hire), or policies that will complement existing cover you might have.

This means you can, if you wish, ensure that you, your team or your family are insured, providing they are named as drivers, when using the van without a rental contract.

The two types of van rental business insurance policy that can be arranged are as follow

Established Van Hire Business Insurance

• For established van hire rental companies who have at least 3 years trading history (or where the manager in charge of the rental business has at least three years experience)
• You would normally have at least 5 rental vehicles (can be a mix of vehicle types)
• You can often choose from premiums based on rental revenue, a day rate, or a rate per van basis – whatever is best for your business
• You may be able to access rental desk training for your hire team – cutting the risk of vehicle loss & keeping premiums low
• Some firms offer smartphone app to help your van hire customers immediately report a claim

Pro's

• These tend to offer a van rental insurance solution designed around your business by self-drive hire insurance specialists who look after several hundred self-drive hire businesses.

Con's

• You need a track record before you can be considered.

For more information we suggest discussing your options with insurers listed on the BVLRA website. This is the site managed by the British Vehicle Leasing and Rental Association - the leading trade body for rental firms.

New or Smaller Van Hire Business Insurance

For companies that are either new, less experienced or still quite small we would also suggest looking at your options via the BVLRA website. The British Vehicle Leasing and Rental Association can also assist you in tracking down a lot of essential information key to the early days of a rental firm.

This content was last reviewed on 24/07/2024