Cut the cost of your caravan Insurance

Anyone who owns a caravan will know that it’s just like having a second home, and whether it’s a top of the range or a modest tourer, this will probably have been the most significant purchase since their main home, so it is important to ensure that the right caravan insurance cover is in place.

It’s important before buying caravan insurance to decide how you plan to use your caravan.  To help make this easier Moneyextra.com has put together a short checklist to ensure you get the best possible insurance cover for your caravan.

• Will you be taking the caravan to Europe or just using in the UK. If you’re taking it to Europe then check your policy provides you with emergency accommodation should your caravan   be inhabitable.  Also policies that do include European cover will have a limit on them to the number of   consecutive days you can travel, so check this fits in with your needs before purchasing.

• Check the level of possessions cover provided.  This is your second home, and most people will furnish it as such.   If anything is lost or damaged, it’s important to ensure these items can be replaced at minimal inconvenience

• Where and how you store your caravan will affect the premium.  If it’s kept on a site or away from your home your   premium will be more.

• Wherever you keep your caravan, ensure you have adequate security such as an alarm, wheel clamp and tracker.  This   will not only help to reduce your premium but will also act as a deterrent to any would be vandals and thieves.

Whether you use your caravan for a weekend break from routine or a month touring the continent, it’s vital to ensure you have a decent caravan insurance policy in place.  It is also wise to not only check on price but also on policy benefits as these can vary greatly between insurers.  Also to bear in mind are add on’s such as awnings and outside storage boxes; these may not be covered, or if they are you may have to adhere to additional security rules.

Moneyextra.com recommends you take independent financial advice before acting on any article

2009-08-11 11:49:00 © Moneyextra.com