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.
Posted: February 18th, 2010 | Author: George | Filed under: Caravan Insurance | Tags: motorhome insurance
In theory, obtaining a motorhome insurance quote couldn’t be easier. Surely you just have to ring around a bit, get some quotes and then compare them?
Well, it is one approach but it may not give you quite the result you were hoping for.
Firstly, ‘ringing around’ isn’t always quite as easy as it sounds – and it may not be desperately cheap. Secondly it’s not easy to be sure that the person you’re calling really knows the specialist implications that arise with motorhome insurance.
What are these implications?
Motorhomes – a specialist insurance marketplace
If you’ve ever called around randomly trying to find such cover, you may have experienced at times the confusion and unease that can arise at the other end of the phone because:
- some makes of vehicle are very expensive, very attractive to thieves and as a result, they can be difficult in terms of finding cover;
- your motorhome may have extensive and expensive contents and fittings – some insurance companies may not be comfortable with this;
- to achieve reductions in premium costs you may need to fit specialised and approved security equipment – this area is not always easy to understand without specialist knowledge.
Some insurers may not cover motorhomes at all and others may provide you with a very high motorhome insurance quote primarily because it is not an area they understand well.
Motorhome insurance – using specialists
If you use a specialist caravan and motorhome insurance website you may find that you are better positioned to be able to understand your requirements by viewing the articles and information on their website.
As an example, a specialist caravan insurance website typically will be able to provide information on things such as how to reduce your risks and costs by:
- fitting approved security devices including tracking;
- removing your awning when you’re away from the vehicle as typically it will not be covered if damaged by a storm when you’re not there;
- avoiding having contents in the vehicle when unattended that typically won’t be covered (cash, jewellery etc);
- joining an owners’ association.
So, dealing with a specialist when seeking a motorhome insurance quote isn’t mandatory, but it just may be a good idea!
Posted: June 27th, 2009 | Author: admin | Filed under: Caravan Insurance | Tags: motorhome insurance
One of the first choices you will have to make when taking out motorhome insurance is whether or not you plan on touring around Europe in your motorhome. If you want to do this then you would have to ensure that your policy included European cover. Providers will offer this as an extra and will allow you so many days to travel around Europe. The policy would cover the cost of towing your caravan and repairs to the caravan. It would also pay out towards you being able to stay in alternative accommodation if your motorhome was unliveable. Again this would be limited to so much each day and would pay out for so many days. So this would have to be compared when comparing policies.
Your motorhome insurance might also payout for a brand new motorhome if your motorhome is under a certain age and has done under a certain mileage at the time it was written off or stolen. However you would need to check in the small print.
When travelling around in your motorhome you will of course have your personal belongings with you so you want to be sure that these would be protected in your policy. You should therefore take an inventory and count everything and this would be the sum of money that you would get back in the event that you would have to make a claim on your insurance. When considering this you have to take into consideration that some policies would pay out and provide you with brand new replacements for your belongings but other providers could take wear and tear into account. If your provider offered new for old cover then you would have to pay a little more in premiums.
The majority of insurance policies would payout for legal expenses. This means that if you have an accident and it was your fault then the third party would be able to claim and so would you for legal costs. There will be a limit on this amount so again you would have to check in the small print.
There are ways that you can make savings on your motorhome insurance and one of these is offering to pay more in excess than what the provider asks for. All providers will state a minimum amount of excess that you could pay but by offering to pay more you could save on the premiums for the insurance. The excess is what you need to pay towards a claim, in the event that you have to make one of course, before the insurance provider will kick in and pay out on the rest of your claim. You could also ensure that your motorhome is as safe as possible and harder to steal. You could install such as an immobiliser, steering wheel lock or tracking device and any of these could go towards you saving on your insurance policy. If you park your motorhome in a garage then this could also help you to save when compared to leaving your motorhome on the side of the road where it would be at risk of damage and theft.
