The cost of insuring your caravan can vary greatly so it is a good idea to check out caravan insurance companies online before taking out a policy. You can get a great deal of information online and it is important to remember that the policy is only as good as the company that is offering it.
If you choose a reliable insurance company to take out your insurance with you know that they are not going to disappear overnight and leave you with nothing but a worthless piece of paper. If you go online to a specialist insurance broker you will be able to search with some of the leading insurance companies in the UK.
The cost of insurance would vary depending on the car insurance companies, the type of policy you choose and what they offer. The policies you compare could also vary considerably in what is included in them. Some providers will throw in many extras which other providers might ask that you pay extra for. Therefore comparing the policy terms are essential. You also have to check to ensure that you compare like for like.
Some providers will offer new for old in their insurance policy and this would provide you with brand new replacements for items if they were to be stolen or destroyed. Other providers could take wear and tear into account and this would make the policy cheaper.
If you were to take out fully comprehensive insurance this would provide the most cover for your own caravan. It would usually protect against fire, theft, accidental damage, loss of personal belongings, recovery and breakdown and legal costs, among many other things. These are just the basics of course and you could also get windscreen cover included and European cover. However if you do not plan on traveling outside of the UK then European cover would not be needed so look for a policy that does not include this as standard if you want to save on the cost of your insurance.
When you check out caravan insurance companies also check to see if they would provide you with a brand new replacement for your caravan if it should be written off by them. Usually insurance providers will state certain criteria that you would have to meet. Usually your caravan would not have to be over a certain age and not have traveled over a certain amount of miles. Again you would need to check the small print to determine these.
When you check out caravan insurance companies online you can get some helpful hints and tips on how to make savings on your policy. For instance check out the amount of excess the provider asks for in the policy.
All providers will state the minimum amount of excess which is the sum you would pay out of your own pocket before the provider will pay the rest. If you offer to payout more excess the premiums for the insurance can work out cheaper. However you would have to bear in mind that the excess would have to come out of your own pocket as a lump sum.
