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Van Insurance Affected by Used Van Prices May 31, 2008

Drivers with van insurance will be encouraged by recent research by vehicle valution experts EurotaxGlass’s. They have advised manufacturers to be more realistic when pricing used vehicles, particularly vans as current used van valuations are based on 3 years use and 60,000 miles.

EurotaxGlass’s found this to be a completely outdated measure as the majority of vans travel 30,000 each year meaning these vehicles would clock up 90,000 miles over the 3 years.

The price you pay for your van has an effect on your van insurance premium; the more your pay for the van, the higher your insurance price will be.

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