Compare Caravan Insurance

Putting suitable caravan insurance in place may cost you money to start with but it may also save you money in the long run. Some caravan owners underestimate the importance of insuring their van or may underestimate the costs they may need to cover. Not having cover to protect you or not having it in the correct amounts might lead to caravan insurance risks. Why is getting suitable cover so important?

Some owners opt not to insure their caravans at all. They may well insure their homes and their cars but may assume that they don’t have to do the same for their van. The risks of not doing this may hit them hard financially if something goes wrong. For example, how much might it cost you if:

• Your caravan was stolen or damaged?
• It got damaged on a site in a storm or a flood?
• Someone broke into your van and stole some of your possessions?
• Someone renting your van for a holiday got injured inside it and decided to sue you for compensation?

Some of these incidents may be extremely expensive to put right but, with an insurance policy in place, you may well minimise your caravan insurance risks. Another risk area worth thinking about may happen if you under insure your van. So, what might happen there?

In this instance, if you do not have adequate cover in place then you may get some financial help from your insurer but this may not be as much as you need. If you don’t, for example, insure your caravan for its full value and it gets stolen or is irreparably damaged in a storm then you may have to meet a lot of the costs of replacement.

Those looking to avoid caravan insurance risks may opt to take out enough cover for their needs to give them some protection. This doesn’t have to be hard to arrange or overly expensive. A specialist broker, for example, may be able to find you quotes and policy options from many different insurance companies so you are able to compare your costs to find low price options.

Many first time caravan or static caravan owners, or those with an older, inexpensive caravan, may wonder: Am I legally obliged to have caravan insurance for my touring or static caravan?

Legally, if you are towing the caravan on a public road, then you are required by law to have at the very least, third party insurance. This insurance will typically protect you financially against claims that come about due to someone suffering from loss or damage to themselves or something they own because of your caravan or static home.

This type of cover may well be included under your motor insurance policy, so do check your car insurance documents or speak to your insurer and check.

However, it may make sense to consider cover for your caravan as well. Just like your car or your house, your caravan or static home will be vulnerable to many risks, including theft or damage. Without cover for your caravan, you could find yourself at a financial disadvantage if your caravan is stolen or damaged as you will have to fund the repair or replacement of your caravan yourself.

Types of cover

Typically, you may wish to choose either touring caravan cover or static caravan cover, depending on your needs. A caravan that you tow will obviously face different risks to a static caravan, and so you need to choose cover that matches your needs accordingly.

Finding the most suitable insurance for your caravan or static home need not be a time consuming experience, either. The caravan insurance market place has grown in recent years, meaning that there is a good selection of protection on offer. And the internet means that you can access specialist caravan insurance websites quickly and easily, comparing not only premiums, but those all important policy features and benefits too.

So while you are legally obliged to just have towing insurance, protecting your caravan or static home with suitable caravan insurance may make sound financial sense and need not break the bank.