What is the definition of a flatbed van?
Flatbed vans are distinguished by their flat, level bed and lack of a roof. Dropside vans have low, hinged sides that may be dropped for simpler loading and unloading than a regular flatbed van.
Flatbed vans are most typically employed in the construction industry to transport goods and equipment to and from job sites.
Flatbed vans are commonly utilized for work, so you’ll need to discover the correct business van insurance for your flatbed van’s specific structure and usage.
What kind of flatbed van insurance will I require?
You’ll need business van insurance if you use your vehicle for work.
For flatbed and dropside vehicles, there are two forms of commercial van insurance:
- Own-goods transportation. This covers your van, as well as any tools, equipment, or materials you, your employer, or a business partner own for business purposes. It excludes any products that are not owned by you.
- Transporting (carriage of goods for hire and reward). This sort of insurance protects your van if you use it to transport products that belong to someone else for a fee, such as furniture. It will also cover you if you are transporting things for your own firm.
You won’t be able to transport passengers for hire or reward under any policy, but you’re unlikely to use your van as a taxi.
Because flatbed vans have an open rear, most insurance policies will not cover anything left in the bed unattended or overnight.
You should also think about getting breakdown coverage so you don’t end up stuck on the side of the road in the middle of a task.
If you damage someone else’s property while loading or unloading your van, Royalty truck insurance can protect you.
For my flatbed vehicle, what amount of protection do I require?
Third-party liability insurance is the bare minimum required by law. If you’re in an accident, this will cover you for damage to another car as well as injuries to a third party caused by your negligence. It does not cover any damage to your own van, your own medical expenditures, or theft protection.
It’s also worth remembering that third-party insurance isn’t always the most affordable option. Comparing different amounts of cover to discover what difference there is, if any, can be useful.
Third-party fire and theft insurance is a step up from third-party liability insurance, since it provides the same coverage as third-party liability insurance plus additional coverage for fire damage and theft.
Comprehensive insurance includes everything you’d expect from a third-party fire and theft policy, but it can also cover you for personal injury and van damage.