What is LGV Insurance and Why Do You Need It?
If you use a light goods vehicle (LGV) for work, you need LGV insurance. In the UK, it’s illegal to drive one without the right insurance.
Insurance helps protect you if something goes wrong, like an accident, theft, or damage to your vehicle. Some insurers offer special deals for new businesses, while others give discounts to experienced drivers.
You can also find policies that bundle different types of cover together. If you drive your LGV to Europe, you might need a Green Card to make sure you’re fully covered.
Get LGV Insurance Quotes Quickly
Finding the right insurance used to take a long time, but now you can compare quotes from 20+ insurers in just a few minutes online.
New customers often get better deals than those who just renew their insurance every year. If you’ve had the same insurance for a while, it might be time to check if you’re overpaying!
Driver CPC – What You Need to Know
If you drive an LGV, you might need a Certificate of Professional Competence (CPC). This is a rule in the UK to make sure professional drivers stay up to date with road safety laws.
To keep your CPC, you must do 35 hours of training every five years. If you hire drivers, make sure they have their CPC, or they might not be allowed to drive legally.
Types of LGV Insurance
1. Third-Party Only (The Minimum Required)
This is the cheapest option and the bare minimum required by law. It covers damage to other people’s cars, property, or injuries, but it does not cover your own vehicle.
If your LGV is old or low in value, this might be a good option. But if you rely on your vehicle for work, it might not offer enough protection.
2. Third-Party, Fire & Theft
This gives you the same cover as third-party insurance, but also protects you if your LGV is stolen or damaged by fire. It’s a good middle-ground option for those who want a bit more protection.
3. Comprehensive Cover (Best Protection)
This type of insurance covers everything – including damage to your own vehicle, even if an accident is your fault.
Many business owners choose this option because it ensures they won’t have to pay huge repair costs if something happens to their vehicle.
Some comprehensive policies also include:
- Windscreen cover
- Accidental damage
- Legal expenses cover
4. Extra Cover Options
If you want even more protection, you can add these extras to your policy:
- Breakdown Cover – Helps you if your LGV breaks down.
- European Cover – If you drive in Europe, this makes sure you’re still insured.
- Goods in Transit Insurance – Covers the items you’re transporting in your LGV.
- Public Liability Insurance – Protects you if someone makes a claim against you for damage or injury.
- Fleet Insurance – If you have multiple LGVs, you can cover them all under one policy.
- Legal Cover – Helps pay legal fees if you have to go to court over a claim.
Sometimes, buying these extras with your main policy is cheaper than getting them separately. If you transport valuable goods, make sure your insurance covers their full value.
Why It’s Important to Compare Insurance
Many business owners stick with the same insurer for years. But this can mean they miss out on better deals.
Insurers often give the best prices to new customers, so checking for better options before renewing can save you money. Using a comparison tool lets you find multiple quotes in minutes, helping you make the best choice.
Choosing the right LGV insurance doesn’t have to be confusing. Whether you’re a new driver or an experienced business owner, checking your options can help you find the best deal.
Before you buy, look for discounts on multi-vehicle policies, no-claims bonuses, and extra security features like tracker devices.