If you’ve recently invested in either a static or touring caravan, you’ll be justifiably celebrating that you’ve solved the question of somewhere to stay during these summers of glorious British staycations.
Because your caravan is a holiday home you’ll want to return to time after time, reliable insurance against loss or damage is likely to be a major concern. So, here we look at some of the factors typically affecting the cost of that protection.
How much does caravan insurance cost?
Caravan insurance – in common with every other type of insurance – is all about protecting you against the risks of a financial loss. In this case, the risk of losses arising from loss or damage to your static home or tourer.
The factors any insurer will consider when assessing those risks may typically include:
- the type of caravan – the risks to a static caravan are clearly different to those of a touring caravan;
- the make and model of the caravan – this will affect the cost of any repairs that may need to be made under the terms of the insurance cover;
- the age of your caravan;
- any existing and additional security measures you have taken to secure the caravan against intruders and thieves;
- the location of your touring caravan while it is laid up for the winter – rather than keeping it on the driveway at home, for example, the extra security provisions of a storage site accredited by the Caravan Storage Site Owners’ Association (CaSSOA) might qualify you for a discount (from 5%-20% if you insure with us) on the insurance premiums you pay;
- if you are insuring your static holiday home, the location of the site or park on which it is berthed may be relevant – if it is in a part of the country subject to flooding, for example;
- since you may also want insurance cover for what’s inside your caravan, the value of its contents;
- your home postcode; and
- your age.
Do I have to buy the static home insurance from the site owner?
While there is no legal requirement for you to insure either a static or a touring caravan, the former is invariably berthed on a site or park. The site owners will typically insist on at least a minimum level of insurance indemnifying you against your public liability for injuries or property damage suffered by third parties such as neighbouring caravanners, their visitors, or members of the public.
In most cases, however, you are not obliged to buy the insurance you are offered by the site owners. Indeed, you may find it more cost-effective to arrange static caravan insurance elsewhere.
How can I get cheaper caravan insurance?
It is important to remember that what is cheap caravan insurance for someone else might not be cheap for you – the caravan cover suitable for your neighbour might be inappropriate for your own needs and circumstances.
Instead, you might want to focus your attention on getting suitable cover at a what you consider is a competitive price – caravan insurance, in other words, that represents good value for money.
Even within those terms, you can still look to reduce the cost of your premiums by:
- improving or increasing the level of security – to mitigate the risk of intrusion or theft;
- arranging to store your touring caravan at a CaSSOA-accredited site;
- telling us how many years’ experience you have in towing ‘vans (for your tourer caravan insurance);
- advising us of any caravan and towing courses you have undertaken;
- increasing the amount of any voluntary excess (this is in addition to the mandatory excess);
- shopping around for your caravan insurance – where our help here at Cover4Caravans can effectively do all the hard work on your behalf.
For further money-saving tips on your caravan insurance, you might want to review our suggestions here.
Summary
If you own a static or touring caravan, suitable insurance will be a priority and what you pay in premiums will depend on a whole host of different factors.
Why not get an online quote today for your touring caravan insurance or static home insurance? Or alternatively, please feel free to give us a no-obligation call on 01702 606 301 – one of our dedicated team will be delighted to help.