If you own a minibus then you need to get insurance for it so it’s road legal. Paying for insurance is something that nobody likes but there are some very reliable ways you can cut down the cost of minibus insurance. Below are some of the best –
Pay upfront
A very easy way you can reduce the overall cost of a minibus insurance policy is to pay for it annually rather than monthly. It’s true that you pay more upfront doing this but most insurance provides will give you a good discount when you do.
Get quotes from a lot of providers
Another obvious way to save money on minibus insurance is by getting quotes from a lot of different providers. There are many sites such as Clean Green Compare minibus insurance cover that make it very easy to get quotes from minibus insurance specialists.
Make your minibus secure
Safety is extremely important when it comes to owning a minibus. Not only do you need to drive safely but you should also take any steps you can to make your minibus more secure. Most modern minibuses will come with an alarm and immobilizer as standard but you should also consider investing in safety devices such as a steering wheel lock and GPS tracker.
Pay more voluntary excess
Excess is what you’d have to pay towards a claim if your minibus were damaged, stolen etc. You can choose to increase the amount of excess on your policy to reduce the premium. This is of course quite a risky way to reduce the cost of the policy since you would have to pay more in the event of a claim.
Get a basic policy
You can keep the cost of your minibus insurance to a minimum by getting a basic third party only policy. Although third party only insurance doesn’t provide any real protection for your own vehicle, it will make it road legal and provides the cheapest option. You can always add fire and theft if you want more protection.
Choose a smaller minibus
Minibus aren’t all alike and their size and the number of passengers they can carry varies quite a bit. This being the case, if you want to keep the cost of your insurance down then it’s better to opt for a smaller minibus of say 9 passenger seats. Insurance providers consider smaller vehicles lower risk so you won’t have to pay as much for cover.
