Just because your caravan is an older model or you have bought a second hand model, it does not mean that you value it and the contents any less. Adequate protection for it is still needed if you don’t want to lose out financially in the event of loss or damage to it or its contents. If you are the owner of a caravan that has some years on it, you may wish to apply for insurance with a provider offering old caravan insurance protection.
The age of your caravan may work to your advantage when it comes to premiums. The premiums for an older model typically work out cheaper than if you are insuring a brand new, top of the range model. While you may not wish to pay out a fortune to insure an older model of caravan, you also have to bear in mind what is included in the protection for the premiums.
For instance, you may wish to take out what is called third party liability insurance for your older caravan. This type of insurance typically works out a great deal cheaper than fully comprehensive. However, you have to give up a large amount of protection for your caravan in order to be able to make the savings.
Liability insurance provides protection in the event that you were to cause an injury to a third party and they sued you in court or if a third party were to die through your actions. It is also there for your protection if you are the cause of damage to the property of another with your caravan. However, public liability is not normally covered for claims arising directly or indirectly while you are towing the caravan.
Another factor that may be considered when looking for old caravan insurance protection is the contents of the caravan and your belongings. With this in mind you may wish to consider a fully comprehensive policy and search with an insurance broker for the cheapest possible premiums. With a fully comprehensive policy, you have cover for a wide range of events, which you do not have with just liability cover.
