Caravan holidays are growing in popularity, and as such owning a caravan is quickly becoming the dream of many. However, few people understand the insurance implications that surround it, so here’s a quick run-through of everything you need to know about finding caravan insurance quotes and what you should expect from your cover.
First up, you might be surprised to know that having caravan insurance is not always a legal requirement. The only exception to this is if you own a touring caravan and intend to tow it on public roads, and in this case having adequate insurance in place is vital. In a lot of cases this will be covered by your third party car insurance policy, but it always pays to check.
Although this is generally all you have to be insured for, it’s still wise to go for more comprehensive cover. The average caravan can cost up to £20,000, so protecting it against loss, theft or damage is an incredibly wise move. You caravan could easily suffer damage both on the road and on the campsite itself, so if you don’t want to lose out financially it’s always a good idea to be prepared.
Theft of the caravan itself is also an ever-increasing threat. Statistics show that 3,000 caravans were stolen last year, and if you don’t want to suffer the effects make sure to adequately protect yourself. Let’s not forget the potential theft of possessions within the caravan as well – a lot of people take very expensive items in the caravan with them, so it always pays to make sure these are covered too.
So, having caravan insurance is vital to protect you against any losses, but how do you go about finding caravan insurance quotes? Well, because it’s so specialised it could take a lot of research, but don’t let that put you off. It’s essential to compare several policies before you make your decision, so try to seek out price comparison sites to make the process as stress-free as possible.
As you can see, although caravan insurance isn’t always a legal requirement, it’s still a good idea to have adequate cover in place. This protects you against any financial loss, and as your caravan (and indeed your possessions within the caravan) could be incredibly expensive it’s a good idea to protect your investment. Always go for the most comprehensive cover possible, and make sure to compare plenty of caravan insurance quotes to find the right cover for you.