Making a comparison and searching around for an adequate classic caravan insurance policy may make sense. While saving on the cost of your insurance policy is typically foremost in your mind, ensuring that you have the most suitable protection is equally as important. Here are some factors you may wish to bear in mind before taking out a policy.
Choosing the level of insurance
The first choice you need to consider before you look for classic caravan insurance is the level of cover. If you are insuring a brand new top of the range caravan then fully comprehensive provides the most cover, but it is typically among the more expensive of cover.
If you wish to cover an older caravan against fire and theft and have protection for accidents or injury you cause to a third party, you may wish to choose third party fire and theft, which usually comes with cheaper premiums than fully comprehensive cover.
Third party only offers the minimum amount of protection, providing little insurance for your own caravan; however, it does give insurance for third parties. If you have decided you need fully comprehensive insurance, you next need to decide what benefits you need in your insurance.
Benefits included in your fully comprehensive policy
Usually in your classic caravan insurance, you find you may have protection that may include all or some of the following:
- the shell of the caravan due to events covered in the policy. The shell of the caravan is typically protected against fire, storm, flooding, theft, and damage caused in an accident when towing;
- the contents of the caravan. These are typically covered for the above but there may be limitations and you have to decide how much insurance you need for the contents. Typically, items that are of particular value are usually excluded from the insurance policy, such as jewellery;
- Your awning may be protected but you need to state a limit of insurance for it and again there are typically requirements that have to be met. These typically include you being in the caravan if the awning is damaged or destroyed during a storm;
- your insurance may provide compensation towards a stay in alternative accommodation if your touring caravan is damaged and has to be repaired;
- your caravan may also be towed to be repaired from the scene.
- If you are looking for insurance for a touring caravan, or motorhome and you plan on taking your caravan around Europe you are able to benefit from having European insurance included. This is usually given as so many days out of the year cover as standard, but not always.
By making classic caravan insurance comparisons you are able to weigh up making savings by comparing the premiums as well as the policy features and benefits, thereby gaining suitable protection.
