If you own a caravan then it is likely to one of your most valued possessions. This being the case you will want to protect with an adequate level of insurance. The right insurance policy for you will depend on how you use your caravan. The two main types of insurance for caravans in the UK are touring caravan insurance and static caravan insurance. In this article I’ll focus on touring caravan insurance from caravaninsurance.info, what it covers and how you can get the best price for your policy.
Touring caravan insurance is the most comprehensive cover you can get. Whilst it is true that you are not legally obliged to have anything more than car insurance for your caravan, it would be extremely foolish not to cover your caravan as best as possible. Caravans are a big target for thieves because they are not usually as well secured as they should be and are very easy to break into. Caravans are usually not built very sturdily either so they can be at particular risk to damage from water and fire.
By taking out a touring caravan insurance you can protect your caravan against theft and damage. Not only this, but your caravan will be covered whether it is attached to your car or not. With static caravan insurance, or insurance included with your car insurance, your caravan will only be covered in certain scenarios. With a touring caravan insurance policy you have the peace of mind to know that your caravan is covered in all areas.
Things to Consider
When taking out any kind of insurance the two biggest factors are the level of coverage and the cost. Whilst it can be tempting to go for the lowest price you can find, this isn’t always advisable as you may not get the level of coverage you need. When you are fully aware of what you would like to be covered you can then go about looking for the cheapest policy you can find. The best way to do this is by contacting as many insurance companies as possible so you get the best idea on prices. Most insurance companies now have an online presence so it’s very easy to obtain quotes and compare them against each other.
Another thing to consider is whether you will get a policy with ‘New for Old’ or ‘Market Value’ cover. New for old, as the name suggests, means you will get a new caravan in the same model as your old one. This type of cover is usually only available for caravans that or 5 years old or newer. Market value cover will give you a replacement caravan of the same value as yours. You should also be aware that certain types of contents are not covered in most policies, jewellery being the most obvious example. It’s important to know the details when it comes to contents cover – a recent study showed that more people than ever are bringing valuable electronics with them on their caravanning holidays. You can read about it in more detail here – http://www.caravantimes.co.uk/news/insurance/caravanners-taking-more-technology-on-holiday-in-2012-$21381746.htm