Compare Caravan Insurance

Many caravan owners look for an online caravan quote when they need to buy insurance for their mobile or static homes. This may be a quick and simple way of comparing costs. It may also be a useful way of seeing how quotes may change according to what you need in coverage terms.

So, as an example, if you decide that you want to increase your personal possessions cover, then you’ll probably see your quote rise in cost. If you, on the other hand, decrease it, then your quote may well go down. Saving money may be important to you but it may sometimes be hard to do this – getting suitable levels of cover may be more important to you at the end of the day.

But, there is one way that you may be able to pay less for your caravan insurance policy without having to decrease your protective cover. If you play around with an online caravan quote calculator or tool and change the excess field then you might see the quoted costs go down even though the cover remains the same. So, how does this work?

Every insurance policy comes with an excess. This is the sum of money that the policy holder commits to paying if they have to make a claim. So, if your caravan is broken into and you have some of your possessions stolen, then you pay the excess agreed in your policy before the insurer starts to recompense you via their claim system.

Most policies come with a set excess amount and many people just stick with this. But, if you raise your excess to a higher amount, then your insurance costs will often go down. Why? It’s simple. The insurer knows that they’ll have less to pay if you do make a claim because you’ll have committed to paying more before they kick in. So, they’ll often cut their quote costs.

This may well be worth looking at if you want to save some money on the costs of your policy. At the very least it may be worth comparing a caravan quote with a standard excess with one where you raise it just to see the difference. Bear in mind that you don’t have to commit to paying huge amounts to benefit from this, even a small excess increase might save some money.