What to look for in Caravan Insurance
Caravan insurance is a specialist market, and if you are looking for caravan insurance it is advisable to get proper advice from a reputable insurance broker. There are some who have set out their stall as caravan experts and as such have built up large accounts with insurance companies. This means that they are able to buy in bulk, and pass on the cheap rates to the clients, but still give proper advice.
When you are buying your insurance, there are a few things that you should look out for. You will want to protect your caravan against theft, accidental damage and weather destruction.
If the caravan is relatively new – 5 years for most insurers – you might choose to buy a “new for old” insurance policy. This means that if your caravan is stolen and not recovered, or damaged and deemed to be beyond repair, the insurance company will buy you a new one. The alternative is that you would receive a “value”. It’s helpful to have a broker to look after you here. Don’t be tricked into thinking that if you overvalue the caravan that’s the amount you’ll get back – it doesn’t work like that. Ask your insurance broker for advice.
You will also need to think about the types of cover you need. You will need to think about whether your caravan is “high mileage”. It will not be covered by standard car insurance in an accident, so if you tow your caravan, make sure it’s insured while on the road. Equally, you will need to decide the level of insurance you need for overseas use. Different insurers have different rules about this. Again, a good specialist caravan broker will be able to help you decide.
What about contents and equipment? You might think your awning is automatically insured with all caravan insurance policies, but they are not necessarily covered, and so you should check. Again, a good insurance broker will discuss the various levels of insurance with you and hold your hand through the process – that’s what he’s there for.
I hope this note helps. Caravan insurance is not the most riveting subject in the world, and reading through all those insurance policies does not appeal to most caravan fans. All we want is cheap caravan insurance. That’s why it’s good to use a specialist caravan insurance broker to take away all the bump and grind.
