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Courier drivers using their own vehicle to deliver parcels have numerous business expenses such as paying for diesel or petrol, servicing the van and of course insuring it. They will also, like the rest of us, have to deal with increases in the amount paid for their gas and electricity in their home and many other household bills. Many couriers will also own a family car.
It will probably not come as a surprise to read that, according to the car insurance price index produced by the popular price comparison website Confused.com, there has been yet again another increase in the average amount that people are having to pay to insure their family cars.
The above index is produced every quarter and unfortunately every quarter this year has seen the cost of car insurance increase. In the third quarter of this year the average amount paid for car insurance amounted to £586 per annum. In the third quarter of last year the average premium was £514 per annum. That is a rise of 14% – no small figure.
As you will be aware, it is a legal requirement to insure a motor vehicle unless it is declared SORN (Statutory Off Road Notification).
It is quite possible that as car insurance premiums have gone up that this is likely to have been the case with premiums to insure your courier vehicle.
If you are one of those many people who stay with the same insurer year after year for their courier cover and do not question their renewal premium that has probably increased why not make this year an exception and check out what other insurers are charging?
In this respect, why not get in touch with us when you receive your renewal notice to see if we are able to save you some money. Any saving is better in your pocket especially in the current economic climate here in the UK.