The van refers to the specific trailer that is used to transport horses on public roads. The value of this kind of vehicle is not negligible. In addition, there are animals on board that are very important to us. The question of liability insurance for the van then arises. This guarantee, known as third party insurance, is the minimum coverage imposed by the regulations.
Damage covered by liability insurance
Liability coverage varies according to the products offered by the different insurance companies. The offers take into account both the type of vehicle and its value, as well as the options chosen by the insured. Third party insurance provides compensation for bodily injury and property damage caused to third parties. Victims of these accidents can be pedestrians or vehicles on the road, as well as passengers. Having a Horsebox policy means that you, the driver and your passengers are covered. However, the van insurance excludes cases where your vehicle is at a professional for repair.
Limits of third-party insurance coverage
Third party insurance does not cover bodily injury and property damage which are your own responsibility. To benefit from compensation in this case, you must opt for a comprehensive insurance and a driver’s guarantee to compensate for the costs in case of after-effects after the accident. The options and guarantees offered by insurers are adapted to the use and nature of the vehicle. For example, generally, the insurance does not cover the contents of your van if you purchase a main vehicle coverage, but this option can be purchased for a van insurance.
Van-specific insurance: conditions and benefits
When your van can be covered under your primary insurance policy, you may question the value of purchasing a specific policy that can generate additional costs. However, the advantages of insuring a van are numerous. First of all, you do not risk being penalized as a driver in the event of a claim or an accident. Indeed, as soon as its GVW (Gross Vehicle Weight Rating) exceeds 500 kg, the horse trailer must have its own vehicle registration document. Furthermore, the towing vehicle must have a total weight that allows it to pull the van. The driver of the towing vehicle must have a specific valid license that meets the regulatory requirements.