Posted: March 5th, 2010 | Author: George | Filed under: Caravan Insurance | Tags: caravan holiday home insurance
Caravan holiday home insurance is very different from insuring a touring caravan. There are different factors that need taking into account and different risks that come associated with a holiday home caravan. Here are some factors to consider:
- do you rent out your holiday home?
- do you have all year round cover in your insurance policy, if so what requirements do you as the caravan owner need to meet?
- what protection is included for your awning?
- if you have a patio with fencing and decking, are these included in your caravan holiday home insurance?
- if you are considering buying a caravan have you given some thought about where the caravan will be sited?
These are just a few of the questions you may wish to ask yourself before you look for insurance quotes for your caravan holiday home.
Renting out your caravan
If you intend to rent out your static holiday home then you may wish to check the level of public liability insurance in your policy. Ask yourself what you might do if a guest suffered injury or even death while they were staying in your caravan. If you have liability insurance, it typically pays out towards any legal costs that may arise.
You might also wish to consider whether the policy covers a loss of pre-booked rental fees, in the event that something happened to your caravan that was covered under your policy, rendering it uninhabitable.
Year round protection, awning and decking insurance
Check if you need to take measures such as draining the systems down in the caravan to be eligible for all year round static caravan insurance.
Your awnings may be protected against damage to due to inclement weather such as storms; however, this typically only applies while you are in the caravan. Usually any damage that occurs to an awning left up in your absence has to be covered by you.
Some insurance providers may extend your insurance to your patio, decking and fencing, whilst others may not; check in the terms and conditions or with the insurance provider.
Considerations before siting the caravan
When considering buying a caravan as a holiday home take the time to search for sites and compare what they have to offer. Look out sites that have excellent security, and check whether the site has been prone to flooding in the past. Both of these may affect your quotes for caravan holiday home insurance. It may pay do your homework well before considering and applying for the cover.
Posted: April 22nd, 2009 | Author: admin | Filed under: Caravan Insurance | Tags: caravan holiday home insurance
Checking the benefits of caravan holiday home insurance is essential if you want to ensure that you get the best deal possible for your money and the right type of coverage. There are two types of insurance for your caravan based on whether you have a static caravan or you are touring around in your caravan, so choosing the right type of policy is imperative.
Benefits for touring caravan owners
If you have a touring caravan and enjoy touring around Europe then it is essential that you ensure you take caravan holiday home insurance that includes European cover. If the worst came to the worst and you were to be involved in an accident and your caravan was damaged to the extent that it had to be towed for repairs the policy would pay. It should also pay out for you to stay in alternative accommodation during repairs. Of course there would be limits on this, for example the policy could state so many days and up to so much per day. You would have to check how many days coverage the policy gave you for Europe as this can differ.
If you belong to a caravan club either national or regional then many insurance companies will offer savings on the insurance of around 10%. This is due to the fact that members of caravan clubs are seen to be more sensible and experienced with their caravans.
Check your policy to ensure that you would have public liability cover when touring around. This protection would pay out for any third party that should be injured by your caravan. If you do not have liability cover and you were taken to court you might have to pay out huge costs out of your own pocket.
Benefits for static caravan owners
Of course your caravan will be your home away from home. You will be able to take a break when you want and for how long you want and you will feel right at home in your own caravan. However there will be a great deal of your personal belongings in your caravan so when checking out caravan insurance for your caravan you would need to check what cover there is for your belongings. Usually you would have the choice of either new for old or the company will take wear and tear into account, new for old is usually the dearest type of protection but your belongings would be replaced as new.
If you rent out your static caravan check to find out if you would be protected for a loss of rental income. If your caravan was damaged and you could not rent it out you could lose a great deal of money.
Check to find out if your policy covered not only your caravan but also the fittings and fixtures. For example if you have a veranda, fencing, patio and steps. These can all add up to a tidy sum of money.
Check the small print to find out if the contents of your freezer in your static caravan holiday home insurance were covered. There will usually be a limit up to the amount the policy would pay out so check this also.
