If you are wondering how to go about comparing one policy against another, the following questions and answers might prove helpful.
Should I rank policies based upon their price?
As a first step, probably not.
Instead, try to look at the cover they provide and where some are more comprehensive than others.
Check, amongst other things, the following:
- discount opportunities;
- continental cover;
- age limitations (upper or lower end of the age ranges);
- no claims and loyalty discount possibilities;
- the policy’s position on caravan ages and new-for-old versus market valuation.
Is price unimportant then?
The cost of a policy is always likely to be an issue, however, in the event of a claim you will only want to discuss what cover your policy provides and what it does not.
The historic price you have been paying for it is unlikely to be something that will bother you under such circumstances.
As a result, it makes sense to concentrate initially on the cover and only when you have one or two policies that appear to meet your needs, to start wondering whether price differences between them are an issue.
Can I get help?
At Cover4Caravans we will always be only too willing to offer assistance when you are trying to perform a caravans’ insurance comparison. Simply give us a call!
Are some insurers better than others?
This is a slightly misleading question and perhaps a better way to think of it is that some insurance providers might offer policies that are, by their nature, more suited to some requirement sets than others.
A policy that might prove to be very suitable for one of caravan owner might not be suitable for you.
That is where expertise in the insurance marketplace is extremely useful in terms of reducing the possibilities of purchasing a sub-optimal policy.
Do I need to worry about the policy’s small print?
Yes, though not in the sense of the policy provider trying to trick you.
All insurance contains terms and conditions that are designed in order to make it very clear where the respective responsibilities and obligations lie between the insurer and the policyholder. They may also clarify exactly what cover is or is not provided under what circumstances.
As such, they are there to help not to hinder but it is important that you take the time and trouble to understand them or get help from someone to do so.