Home » Car Insurance » HGV Drivers’ Car Insurance

HGV Drivers' Car Insurance

Compare HGV Drivers’ Car Insurance Quotes

Low-risk driver profile ensures cheaper premiums for HGV drivers
Flexible policies include third-party, comprehensive, and optional extras
Fast & simple – fill out one easy form
Compare quotes – save time and money

Start a new quote

Search, Compare and Find Affordable HGV Drivers’ Car Insurance

Enter your details

It takes only 5 minutes to complete the quotation form



Compare your quotes

Compare live quotes and covers of different types



Purchase cover

Choose and buy the insurance policy that suits your needs

QuoteRadar.co.uk
is dedicated to helping you find an affordable HGV Drivers’ Car Insurance deal with no hassle

Quick Links ▼

HGV Drivers’ Car Insurance

When it comes to getting insurance for HGV drivers, it is relatively easier and cheaper to avail of insurance coverage when compared with other occupations. HGV drivers’ insurance is usually placed in a low-risk group. Investing in HGV driver insurance is not only a legal responsibility, but it also saves you and your business from unexpected loss and provides a safety shield.

Get Quotes

What is the cost of an HGV driver's car insurance?

Insurance companies estimate the cost of HGV driver car insurance by considering the impact of various risk factors. The individual influence of each factor is looked at to decide what will be a suitable insurance premium. Some of the main factors which impact the price of HGV driver car insurance include age, driving history, occupation, the type of policy, excess, and the extras you choose in a policy.
Let’s discuss how these factors influence the cost of car insurance.

Age of Driver

Your age matters when you take out an insurance policy. If you are a young driver, it is assumed that you don’t have enough experience, so the risk of accidents is considered high in this case. The insurance premium expense for high-risk cases is usually more costly.

Driving History

The experience of the driver is an important factor which is used to determine the best estimate for car insurance premiums. If a driver is inexperienced, it is assumed that the risk of an accident will be comparatively high. In the case of HGV drivers, the risk is low, and therefore the price of car insurance is relatively low.

Type of Coverage

There are three main types of car insurance policies, i.e. third-party insurance, third-party fire & theft, and comprehensive insurance. You have to decide which type of policy you need as per the coverage offered, and what budget you can afford easily. The insurance costs vary based on which policy you choose.

Excess or Deductibles

Excess is the amount which you agree to pay when you claim a bill from an insurance company. If you have chosen a high excess percentage, the insurance premium cost will be low. This is because you will be paying more towards a claim.

Optional Extras

The extras you choose in a car insurance policy impact the premium costs directly. If you opt for extra coverage/services, then you will have to pay an additional fee along with the insurance premium, which will increase your expenses. To keep the insurance cost affordable, you should avoid optional add-ons.

Occupation of Driver

The occupation of the driver is asked when you apply for car insurance. If you are an HGV driver, then it is assumed that you are an experienced driver, and the risk of an accident is comparatively low.

Type of Vehicle

The type of vehicle you want to insure is also considered to decide the price of car insurance. The more expensive and powerful the vehicle, the higher the damage repair charges will be. It means the insurance company will have to bear heavy bills in case of repairs or damage. Therefore, they charge high insurance costs for advanced vehicles.

Insurance providers’ prices vary based on the number of risk factors involved. If you are a young driver, then it will be deemed a high-risk case. Similarly, the vehicle you want to insure, the annual mileage, and the insurance group rating will have an impact on the insurance premium price.

What are the different types of car insurance policies?

Insurance companies offer different types of coverage options for HGV drivers. The prices and coverage terms vary from one type of policy to another. As an HGV driver, you must look at what are the most important and basic needs you want coverage for. The insurance premium expense rises as you go from minimal coverage to a more comprehensive plan.

Here are the brief details about some common insurance policies offered by insurance companies for HGV drivers in the UK.

Third-Party Only Insurance

It is the most basic level of insurance coverage that covers expenses related to third parties. Claims related to third parties, including damages to vehicles and injuries, are covered under this coverage plan. However, you are unable to claim any charges or other costs related to your own vehicles. This is because you are only allowed to claim third-party costs under this coverage. It is one of the cheapest car insurance policies you can opt for in the UK.

Third-Party Fire & Theft Insurance

This insurance policy allows you to claim costs related to fire and theft. This policy is comparatively expensive because it allows additional coverage for fire and theft, as well as includes coverage offered in third-party only insurance.

Comprehensive Insurance

If you want the highest level of coverage for your vehicle, then investing in comprehensive car insurance is worth it. Though expensive than the above two coverage options, it allows the coverage which will enable you to get maximum reimbursement for your vehicles through claims. The coverage offered in comprehensive insurance may vary a little among different insurers, but in most cases, you will be able to claim costs related to damages, repairs, legal costs, and third-party-related claims.

GIT Insurance

Good in transit insurance is essential for businesses that are transporting goods and want protection for unexpected damages. In case of damage to the goods, you will be able to claim the costs from insurance providers and recover your loss. Theft or loss of goods during the journey is also a claimable cost under this insurance.

Additional Coverage

Some insurers allow additional coverage in the policy to cater for the needs of drivers. It will cost you more, but you’ll be able to get the coverage which is essential for you. It may include:

Car Breakdown Cover
Lost Key Cover
Windscreen Cover
Legal Claims Cover

Public Liability Insurance

This liability insurance allows coverage for third-party damage or injuries incurred due to HGV operations.

How to get a Quote for HGV drivers’ car insurance?

Getting car insurance quotes for HGV drivers is made convenient by online quotation accessibility. You can easily obtain quotes from the comfort of your own space using the QuoteRadar website. All you need to do is provide us with your details. We will assess your details and take out multiple car insurance quotes from relevant insurance companies.

Here is how to get a quote for your HGV driver’s car insurance on your own.

Decide Level of Coverage

First of all, you need to decide what level of coverage you need for your vehicle. There are three main types of car insurance policies, including comprehensive, third-party only, and third-party fire & theft coverage. To get a car insurance policy, you must be clear about which policy best suits your requirements. For this, you must look into the details of what is covered in each policy to know whether it suits your needs or not.

Analyse Your Budget

Another important factor you must look at while getting an insurance policy is to analyse your budget. You should be clear about how much you can easily afford each month for your vehicle insurance. For example, you bought a comprehensive car insurance policy which suits your car’s requirements. However, if this policy is not affordable for you in the long run, then it’s of no use, as you will have to shift to a lower budget policy because of financial constraints. So, choosing a policy by considering your financials is necessary.

Search Insurers offering Online Quotes

Getting online quotes from multiple insurance providers helps you identify what level of coverage is provided and the expected total cost. To get insurance quotes online, you need to provide relevant details about your location, car details, type of coverage level, expected annual mileage, occupation, etc. Insurance companies analyse the personalised details to determine the insurance premium costs.

Compare Quotes

Once you have multiple quotes from different insurance providers, compare them to choose the best policy which suits your needs. To compare the costs, you must take out the same coverage level from different insurers and then compare the services to choose which policy suits you more, as per your vehicle’s requirements.

Provide Your Details

To get insurance quotes, you need to provide your details to the insurance company. Insurers analyse your details to figure out what pricing level is suitable for you. You need to provide your authentic details because any false information may result in a penalty or policy cancellation.

Choose Payment Policy

Insurance is a recurring expense that needs to be paid either monthly or annually, based on your policy terms. The annual payment option is usually more suitable as it comes with a discount. However, if you cannot afford a lump sum amount to pay at once, then choosing the monthly payment plan is the best option.

Make sure to read and understand the policy terms in depth to avoid hidden charges, which may elevate the overall cost of insurance. Choose a policy that is easily affordable and suits you the most. It will be expensive to pay high insurance costs in the long run, so go with an affordable plan.

Frequently Asked Questions

How much does it cost to take out an HGV driver’s car insurance?

The cost of HGV driver insurance is difficult to estimate accurately as multiple factors influence the price. Insurance companies decide the insurance premium based on the vehicle and the driver’s experience. Furthermore, prices vary among the insurers based on their policies and the coverage offered.

How to choose the right car insurance policy?

To find the right car insurance policy, you need to understand what level of coverage you need. After deciding the type of coverage, you should get multiple vehicle insurance quotes from different car insurers in the UK. Choose a company that offers maximum coverage for a minimum price and best suits your needs.

Does the type of HGV vehicle impact insurance?

It is the occupation that matters the most and impacts insurance, whereas the type of HGV or license that you have has minimal impact. As a bus driver, it is usually anticipated that drivers are used to interacting with the public on the road, and hence, the risk factor is considered comparatively low. The proficiency of the driver is the main factor which influences the insurance cost.

Does the type of driver have an impact while taking out insurance?

Yes. For doctors and nurses who only use a car to commute to work and back home, the risk of being caught in an accident is likely higher than for HGV drivers. This is because the HGV drivers are experienced in handling road traffic, and they are rewarded based on their risk profile.

Why is insurance a cost-effective option?

Insurance is a cost-effective solution as it reduces the financial pressure you have to face in case of accidents or damage to your vehicle. Depending on the type of policy, you are able to claim vehicle repair expenses, car breakdown charges, and legal costs. By investing in car insurance, you don’t need to worry about out-of-pocket expenses in case of damage or loss to your or other third-party vehicles.

Why is it necessary to have HGV drivers’ car insurance?

If you are an HGV driver, the insurance companies will offer you a less costly car insurance policy. This is because the profile of HGV drivers is deemed less risky due to their experience on the roads. So, mostly insurance companies will allow you discounts for your car insurance based on your past experiences as an HGV driver. This is why you are likely to get less costly car insurance policies.

Can I get customised car insurance?

You can get a customised or specialist car insurance policy based on your needs. To get a customised plan, you need to brief insurers about what type of coverage you want, and you can add on as many services as you want. The price of customised car insurance is comparatively higher than other policies as it is designed specifically to cater for your needs. Therefore, expect to pay a little more if you want specialist car insurance. Not all insurance providers allow this option to customise your car insurance policy. So, you will have limited options and packages to avail of this service.