Posted: June 18th, 2010 | Author: George | Filed under: motorhome insurance | Tags: motorhome insurance comparison
If it is time to renew your motorhome insurance policy, you may find that your premium may be reduced if you visit a motorhome insurance comparison internet site rather than just automatically renewing your policy with your old insurer.
Even in the relatively staid world of insurance, things have changed in recent times and that means that there may be more choice for you and possibly even bargains to be had.
Change is good
With each year that passes, your profile from an insurance point of view changes.
Perhaps you have been able to add another year’s no claim bonus to your record. Aging another year may have moved you into another age group attracting a premium discount. You may even have joined a motorhome owners’ club.
In any of these circumstances as well as others, using a motorhome insurance comparison website may help you identify which providers offer discounts and whether or not they could be applicable to you and your changing circumstances.
Commonsense
It’s not only getting older that may save you money. Commonsense and taking a few simple steps to improve the security of your motorhome could also attract discounts from some motorhome insurance providers.
So, for example, fitting a tracking device to your motorhome could make it easier to find if stolen. Installing an alarm system could help keep thieves out in the first place.
Similarly, taking the simple step of stowing your awning away when you’re not using it may help to prevent storm or wind damage. It may be worth noting that some insurers may specifically demand that awnings are stored anytime that your motorhome is unattended.
Bear in mind too that however much you treat your awning space as just another part of your motorhome living space, keeping anything of value in it may be asking for trouble.
Who you are
Your own patterns of use for your motorhome may ultimately determine the features that you consider essential for your motorhome insurance policy. The motorhome insurance comparison websites may typically help you to choose the right mix.
Posted: April 2nd, 2010 | Author: George | Filed under: motorhome insurance | Tags: motorhome insurance quote
So, it’s that time of year again! The insurance on your motorhome is coming up for renewal and you’re dreading the thought of the premium notification. Perhaps it’s time for a new motorhome insurance quote?
Why bother – they’re all the same?
No, they’re not.
As with all insurance, prices, terms and conditions can vary between insurance providers. What you actually ask for will also make a large difference to what you end up paying.
It may be helpful to think about your motorhome insurance quote as telling you three basic things:
- what it covers (and by definition therefore, what it doesn’t cover);
- what conditions and terms apply (such as exclusions);
- what control you have to vary the price up or down.
The first and third of these can be manipulated by you to some extent to either reduce your premium cost or increase it.
How can manipulation change the price?
This should not be a surprise because in life you often get what you pay for.
So, if your requirements are high for a top-of-the-range vehicle and full cover on a new for old basis, then this typically will increase the price of your premium.
More relevantly perhaps, your motorhome insurance quote will be affected by factors that you do have even more control over.
For example, if you accept a higher excess you may see a reduced premium as a result. Joining a recognised owners’ or motoring association may have a similar effect.
There are a whole range of such factors that you may able to use to your advantage in such a way.
What about exclusions and conditions?
Any insurance policy will contain its own terms and conditions. These typically can’t be varied although some may be changed based upon paying a slightly higher (or lower) premium.
What is important about the conditions is that you understand them and comply. If you don’t, you run the risk of invalidating your cover entirely.
A good example is that many motorhome insurance policies will exclude the use of a motorhome for regular commuting. You may also find that the fitting of an immobiliser and other security devices are mandatory.
That’s why it’s always a very good idea to look at these carefully when you’ve received your motorhome quote.
Getting and using a new quote
Getting a quotation is relatively easy. Taking the time to study it and obtain clarifications, if necessary, could help you gain increased control over your insurance costs.
So, that motorhome insurance quote needs not be dreaded. It could be a step towards allowing you to keep more of your money in your bank account as opposed to that of the insurance company!
Posted: March 20th, 2010 | Author: George | Filed under: motorhome insurance | Tags: motorhome insurance
Just because you know someone who got motorhome insurance a hundred pounds or so cheaper than you, it does not mean you might get your insurance for the same cost. Motorhome insurance quotes differ, and sometimes they may differ greatly. They can be due to many factors and generally, no two quotes are the same. Here are some of the factors that may determine the cost of the caravan cover:
- the make of your motorhome may affect the cost of the insurance. If you have imported a motorhome from the USA for example, then the cost to insure it may be a great deal more than if you were insuring a model from the UK;
- the engine size of the motorhome influences the cost of cover. Typically the more powerful the engine, the more it costs to insure;
- your age typically plays a factor in how much you have to pay for insurance. The younger driver typically attracts higher motorhome insurance quotes due to the fact that they have less experience on the roads;
- how you use your motorhome affects premiums. If you only take it onto the roads a few times per year, you may apply for limited mileage protection. The cost is typically reflected by the amount of miles driven each year.
- the level of cover you choose (eg fully comprehensive insurance policy or third party fire and theft) is a huge influence on the cost;
- finally, part of your motorhome insurance quotes are based on the amount you insure the contents of your motorhome for. Do not under insure to save money as this may lead to a great deal of financial expense on your part if you have to claim on the insurance policy for the total loss of the contents of your motorhome – you may not get the full value back.
