Pearson Ham unveils Van Insurance Price Tracker
Pearson Ham Group has launched a new Van Insurance Price Tracker to help van drivers find the best insurance deals on the market.
The tracker collates daily quotes with results focusing on the average of the top-five quoted premiums.
Based on this data, it has shown that average premiums for van drivers have fallen 3.3% in the last quarter, 7.7% in the last six months and 20% in the last year.
However, it has also revealed significant divergence from providers, with some cutting rates by 14% in the last three months while others have increased prices by as much as nine per cent.
Price divergence
Stephen Kennedy, director at Pearson Ham Group, said: “A year of sustained easing has reshaped the competitive landscape in van insurance. Our new tracker shows prices have fallen month after month since June 2024, but the picture is far from uniform; some carriers are still pushing hard on rate, others are consolidating.
“That divergence is now the defining feature of the market and it explains why individual performance often fails to mirror the averages.”
Frances Luery, product manager at Pearson Ham Group, added: “The tracker gives insurers and brokers a daily, granular view across driver age, region, usage and product tier. We’re seeing notably consistent year-on-year reductions across mileage bands, smaller cuts for haulage, and the sharpest falls among younger drivers.
“This level of segmentation helps market participants understand where pricing is moving and why so they can respond with precision.”
