...Continued
It's not just about your driving record though; one trap that policyholders often fall into (either deliberately or accidentally) is to not be entirely truthful about the use to which the 'van will be put. This might be because the annual mileage has been underestimated, or it could be that too much time is being spent in Europe each year. Another frequent problem for insurers is people full-timing when they're not being up front about it – see the separate panel on this for a full explanation. An interesting thing that cropped up this year, but which hadn't been mentioned at all in last year's survey, was the risk of comprehensive cover dropping to just third party cover if the terms of the contract had been breached. After all, that’s exactly what an insurance policy is – a contract between you and an underwriter. You’d be understandably annoyed if your insurer reneged on its promises, and that’s how they feel about you. NEXT>
