Vehicles in the UK must be protected by insurance before they take to the roads, with a few minor exceptions. This is governed by the terms of the Road Traffic Act 1988 and applies to all road-going vehicles, whether they are for private transport or for commercial usage.
For businesses, however, there may be other factors to take into account when deciding what insurance policy to arrange. New start-ups may be tempted to use their own vehicles for professional purposes, according to small business portal Bytestart. But this could prove troublesome in itself, should it emerge that the driver's personal policy does not cover such usage.
Once a company is established and a fleet of vehicles begins to build up, the need for insurance to protect them may become even more apparent. As well as providing a payout should an accident occur - and therefore protecting the vehicles as an asset - the correct van insurance could avoid a thorny legal issue should the worst happen.
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