When Tesco, the grocery and retail giant, created Tesco van insurance, they decided to find a way to charge less for the same coverage, much the way they do with groceries. This is both good and bad for you, the van insurance purchaser, for several reasons.
First, Tesco van insurance is strictly limited in who and what it covers, and they have their own definition for what is and is not a van; for instance, a van should be designed to carry less than four people to qualify as a van for Tesco insurance purposes. In order to be guaranteed coverage in case of a problem, you need to have used your van for precisely what you claimed, or run the risk of a denial. And they do not cover goods in transit or the contents of your van in case of accident; you will have to purchase a rider or separate policy to cover this.
All drivers eligible for Tesco van insurance must be at least 21 years of age and have held a UK or EU drivers licence for at least a year. Companies cannot get quotes; only individual drivers who hold the car in their names and who will be the main keeper of the vehicle can get a policy on any given van in their name.
If you own a van for your business that you also use for personal needs, you will have to purchase the policy for business use. You should read Tesco's van insurance policy details to get a better idea of how their specific requirements work.
Currently, Tesco will also give you a £50 voucher toward goods at one of their stores if you purchase insurance through them. This is nice, but be sure to take the long view of this; if another company offers you better savings than Tesco van insurance over a one or two year period, the voucher is not really a great deal.
Like any insurance, question everything in your policy. What seems like a good deal to one person in their Tesco van insurance policy may not be such a great bargain to you when you look at your own needs.
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