Caravan Insurance factors to take into account
Holidaying in caravans is becoming increasingly popular according to the Caravan Club. As with any other valuable asset it is sensible to make sure you have adequate protection and so it is vital that you get the right caravan insurance for your caravan. When considering keeping down the cost of your insurance there are numerous factors you may wish to take into account.
Firstly, you should make sure you maximise the security of your caravan. During 2008 there were over 1,400 instances of touring caravans being stolen throughout the UK, and with this in mind the necessary precautions are essential.You might wish to consider immobilisers, wheel clamps, hitch locks, alarms and tracking devices will not only improve the security of your touring caravan but also help you reduce your touring caravan insurance premium.
You may also wish to give consideration to your belongings in the caravan and protection against theft. If you do not have expensive or valuable belongings in the caravan it may usually not be worth you paying large amount for contents cover. However, if you do have valuable electrical or camping equipment you should ensure your policy covers these as well as associated items such as steps and awnings.
You should also decide whether you are looking for ‘third party’ cover or ‘comprehensive’ cover. Third party protection is typically a cheaper way of taking out insurance if your caravan is an older model or you use it only on occasion. If you have a new, valuable caravan or if you use it regularly then fully comprehensive cover might be more appropriate.
You may also wish to give some thought to the excess on your insurance policy. All insurance providers state a minimum amount that you typically have to pay in the event that a claim is made, however you can choose to pay out more in order to keep down the cost of the policy. You should remember that the amount you choose to pay out would have to come out of your own pocket in the event of a claim. When looking into the policy excess you should also check to find out if you would have to pay out any additional excess for damage to the windscreen or windows of your caravan.
Finally, if you have no intention of taking your caravan abroad then you might want to consider a cheaper ‘UK only’ policy. Insurers also offer policies that may include Europe and so whilst this is vital if you are planning to head overseas, you may be able to save money on your cover if you do not need European insurance.
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