Van insurance price index.
Reliable insight that will enable you to optimise your pricing strategy.
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The independent authoritative source of price movements in the van insurance market, using real customer quotes from PCWs and key direct brands.
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Benchmark the major van insurance brands
Understand the data behind the van insurance cost index results
Van insurance price index methodology.
The methodology
- For each risk common to consecutive months, the variation is calculated from the average of the Top 5 cheapest premiums returned across the PCWs and key directs in the previous month to the average of the Top 5 in the current month (regardless of which brands provided these quotes).
- The Overall Market Top 5 monthly variation is calculated by averaging across all these risk level Top 5 variations for common risks run in both months.
- The monthly figures are concatenated up to produce the trended price index from a starting point of 100% in the base month.