Third Party Fire & Theft Van Insurance

When a vehicle is used for your business you have to ask yourself whether you want to take the chance of having less than comprehensive cover. If your vehicle is involved in an accident, could you afford to pay out of your own pocket to get the vehicle back on the road as soon as possible and what would you do if the insurers found you or your employee to be at fault and refused to pay anything.

Unfortunately this could very well be the case if you take out Third Party Fire & Theft (TPFT from now on) insurance on your commercial vehicle. We realise the insurance can be very expensive but the impact on your business could be terrible if you don't have enough cover on your vehicles.

So What Does TPFT cover?

TPFT covers exactly what it says. If your vehicle is stolen or set on fire you will receive money for your vehicle, however it doesn't cover your vehicle if you have an accident and it was your fault. Of course third parties and their property are covered as with any level of car insurance.

Why should I pay more for my insurance?

You should only pay more if you are getting more cover. For example, comprehensive insurance would cover the value of your van in the event that youhad an accident that was your fault. There are also a number of companies who offer extra features such as a quick turn around on claims but you will be paying a substantial premium for these kinds of features.