The subject of caravan insurance quotes may come up quite frequently when caravan owners are talking to each other and here are a few classic questions that may arise.
Why is my caravan insurance quotation cheaper/more expensive than yours, given that we have almost identical caravans?
This is a tricky one but may relate to one or both of two factors:
- the insurer you are using;
- the way that you use your caravan.
Insurers typically assess the risks involved in a given policy, quite differently from each other. As a result, pricing variation is only to be expected.
You may also see significant differences in price if, for example, you use your caravan either far more or less extensively than another caravanner with an identical caravan.
How can I reduce the cost of my caravan insurance quotes?
This is something that is relatively easy to answer because, in essence, you may find that you have two options:
- to perform periodic caravan insurance reviews and look at a number of other options for your insurance, some of which may prove to be more cost-effective than others – in other words, to shop around;
- to adjust aspects of the way you use your caravan so as to take advantage of explicit or implicit opportunities to save money.
The second point relates to things such as:
- trying to reduce your annual mileage if you have a touring caravan or a motorhome;
- garaging your caravan when not in use;
- avoiding caravan sites that have a known history of flooding;
- fitting additional security devices etc.
Is it better to have your own policy that is purchased from the insurance marketplace or to use the site owner’s cover?
There cannot be a single answer to this question; however, it may be in your interests to treat the site owner’s insurance proposition in exactly the same way as you would any other caravan quotation.
In other words, to critically evaluate it against your requirements and to compare it against other caravan insurance quotes and policy options that you may have sourced yourself through the open insurance marketplace.
