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Van hire insurance company research reveals that drivers lack experience driving rental vans...

The van hire excess insurance company iCarhireinsurance.com issued a press release on the 19th April 2011

"Two Thirds of Van Hire Drivers Are 'Van Virgins' Risking Up to GBP 2000 in Insurance Excess"

  • Millions of us will hire vans this spring
  • A fifth felt more likely to have an accident driving a van than a car
  • Van hirers liable for up to GBP 2000 excess urged to get van hire excess insurance

Millions of us will hire vans this spring, but new research from iCarhireinsurance.com shows many drivers lack experience of driving these vehicles, and could be in for a nasty financial shock in the event of an accident.

This time of the year is traditionally when many of us move house and do DIY, with many of us hiring vans to help. However, iCarhireinsurance.com has unearthed worrying levels of ignorance. Almost two thirds (65%) of hirers are 'van virgins', and have no previous experience of driving a larger commercial vehicle.

Only 26% of those who have hired a van knew there were different road rules for vans, just 38% were aware of different speed limits, and only 12% checked routes for height or weight restrictions before setting off. Tellingly, 9% found other road users to be less considerate towards them, and over a fifth (23%) felt more likely to have an accident than when driving a car.

A quarter of people (26%) have hired a van to move house, 5% to move DIY debris and machinery, and 8% to help friends or family members who were not confident hiring the van themselves. The research also found overall 33% of people have hired a van and they are hired for a wide range of uses including camping trips, stag weekends and helping children move to university.

With van hire excess involving charges of up to GBP 2000 in the event of damage or theft, regardless of whose fault it is, it is critical that drivers are covered. The major van hire companies are expensive and limited; they charge as much as GBP 10-20 a day for protection, and only reduce the liability to GBP 250-GBP 750 rather than reducing it to zero.

However, there is a solution. Daily van hire excess insurance from iCarhireinsurance.com costs only GBP £7.99 a day, and reduces the excess liability to zero.

Ernesto Suarez, Founder and CEO, iCarhireinsurance.com, said, "Hiring a van can be a really cost effective way to do DIY jobs and move house. But these savings can quickly vanish if the vehicle is damaged, and the excess isn't protected. The chances of this are high, because as our research proves, many van drivers do not have experience of driving larger vehicles, and lack confidence.

"With so many bank holidays coming up, we are now urging drivers to check their excess liability before they hire a van if they don't want to end up with a large bill they were not expecting. And next time you get frustrated with a van driver, remember that it might just be one of the 8% of hirers who are kindly helping a friend or family member who isn't able to drive one themselves.

All figures, unless otherwise stated, are from YouGov Plc. Total sample size was 2007 adults. Fieldwork was undertaken between 1st - 4th April 2011. The survey was carried out online. The figures have been weighted and are representative of all GB adults (aged 18+).

Founded in 2009, iCarhireinsurance.com is a groundbreaking new online insurance service that takes the hassle out of car hire insurance, car club insurance and van hire insurance. It offers a range of policies that are fully comprehensive, simple to understand, unbeatable value and accepted at all car and van rental locations worldwide.

iCarhireinsurance.com is a registered trading name of Halo Insurance Services Limited. Halo Insurance Services Ltd was founded by Ernesto Suarez, a leading insurance professional with 13 years experience in the industry.

Halo Insurance Services Limited is registered in England number 6929208. Authorised and regulated by the Financial Services Authority Register No. 504629 for the sale and administration of general insurance products in the United Kingdom and throughout the European Economic Area (EEA).

Halo Insurance Services Ltd is backed by Bridges Ventures and Magenta Partners.

Source: www.iCarhireinsurance.com - April 2011

On the subject of Van Hire excess insurance, the Car Hire Excess Insurance blog site has said that there are more women renting vans in March than February of this year, although the numbers are only a fraction of the men hiring a van. See the rest of this article Here

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Useful tips when hiring a van

Why Buying Van rental Insurance is important

See also:

Hire Cars Costing Around 100% More Again With Extras at the Car Rental Desk - October 2013

Unrecorded Damage Found by One in Three Who Have Hired a Car for Business - September 2013

Van hire customers are warned that they risk up to £1000 if the vehicle is damaged - April 2013

icarhireinsurance points out possible extra car hire charges over Easter 2013 - "Car Hire Hot Spots Over Easter" - March 2013

iCarhireinsurance mentioned in Daily Telegraph Car hire on a Skiing Holiday feature today - January 2013

Car Hire Excess Costs Consfuses Consumers - June 2012

Jubilee 'DIY' weekend could be a costly exercise for some if thery hire a van - May 2012

The Hidden Cost That Could Add 75% To Your Car Hire Rental Bill - March 2012

Save money on car hire excess insurance and take a winter break - January 2012

iCarhireinsurance comes up with New Year Tips to stop car renters being ripped off - January 2012

Don't Lose Your Christmas Cheer with the Hire Car says iCarhireinsurance.com - December 2011

Dubious Dublin airport car rental staff - November 2011

iCarhireinsurance.com in finalists for Startup Awards 2011 - November 2011

Confusion over US Car Hire Insurance Could Cost Winter Sun Seekers Dear - iCarhireinsurance - October 2011

Hiring a van to transport student's stuff to Uni? - September 2011

UK Holidaymakers Find Foreign Drivers Very Aggressive - August 2011

Car hire insurance featured on BBC Radio 4 You and Yours - July 2011

Car Hire Drivers in a Spin About Car Hire Insurance - iCarhireinsurance - June 2011

"Which?" launch super complaint against “rip-off credit card charges” - April 2011

Satnavs are worthwhile iCarhireinsurance.com Blog - April 2011

Van hire insurance company research reveals that drivers lack experience driving rental vans - April 2011

Affordable Car Hire teams up with Halo Insurance - March 2011

Halo Insurance partners with Chubb in Germany - February 2011

Excess Insurance @ iCarhireinsurance

Jargon Buster @ iCarhireinsurance

Hot Tips for iCarhireinsurance

iCarhireinsurance.com appoints Ben Wooltorton as Sales and Marketing Director - January 2011

Van hire excess insurance for only £7.99 a day available from iCarhireinsurance - December 2010

iCarhireinsurance.com van hire excess insurance now being promoted at insurance4vanrental.com December 2010 Press Release

Car Hire drivers warned to check their insurance this Christmas - iCarhireinsurance - December 2010

Top Tips for Car Hire This Summer - iCarhireinsurance.com - July 2010

Over £800M Wasted on Over-Priced Hire Car Insurance Policies iCarhireinsurance Press Release June 10

Hire Car Drivers Urged to Take Out Insurance With Cancellation Cover - May 2010

iCarhireinsurance.com is featured insurance provider - December 2010

iCarhireinsurance.com awarded membership of the BVRLA

Check online car hire alternatives - May 2010

iCarhireinsurance.com been awarded membership of ABTA Trade Industry Partner Scheme - May 2010

iCarhireinsurance.com in The Guardian and Independent on Sunday - March 2010

iCarhireinsurance.com being marketed on the insurance4carrental.com website Press Release - March 2010

Bridges Ventures and Magenta Partners launch Halo Insurance Services - March 2010

What is Car Rental Insurance @ iCarhireinsurance?

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