Static caravan insurance is a kind of insurance coverage offered by some caravans or motorhomes. It is usually provided on a yearly basis and covers the complete caravan for all risks including accidental damage, fire and theft. If you are concerned about the safety of your caravan in the event of a natural disaster, static caravan insurance could be a helpful option.
When buying static caravan insurance, there are some things that you should consider:
All insurance policies have some kind of exclusions, so you need to know what they are and whether they apply to your caravan. For example, will your policy cover the cost of replacing or repairing a caravan that's been damaged by an act of terrorism? What about a caravan that's been stolen?
There are also some other factors that should be considered when buying a caravan insurance policy, including:
The type of cover you want. If you just want basic cover for theft and damage, but want something a little more luxurious for theft only, then there's probably no need for a policy with lockable storage or anti-fire features. However, if your heart's set on those features, you might be able to get them as extra benefits under your standard policy.
How much cover do you actually need? It's important to understand how much cover is included in your policy and whether additional levels of cover will be more than worthwhile if the worst case scenario happens.
Insurance companies will offer different policies so it is important to read the terms carefully when making your decision.
You can also compare quotes across several online insurers and choose the one which offers the best rate for your caravan.
As with any type of caravan insurance, you must ensure that your policy includes full replacement of equipment as well as cash value of your claim.
In order to make sure that your policy covers all risks, you should read all of the fine print carefully. It is important to know what is covered and what isn't.
It is also important to check the company's financial standing, as this can affect how cheap their caravan insurance policy may be. Then there are the legalities of buying a caravan insurance policy, so make sure you understand what you need to do and where you need to send your documentation.
Published by Sean