Enjoying a holiday in the UK in a caravan has become very popular, particularly when that caravan is your own. With the value of your caravan and its contents running into many thousands of pounds it is importnant that you have the right touring caravan insurance for your needs. With so many caravans on the road there is now a range of touring caravan insurance policies on the market and each policy has different features and benefits.
Here are some of the many factors you may wish to consider to help you make savings on your touring caravan insurance, yet ensuring that you still have the protection you need.
Firstly, being a club member might earn you a discount on your premium. Becoming a member of a caravan club you may not just save on insurance but you might also be able to make other savings such as on your site fees. Whilst there is an initial membership cost, this investment may generally well save you money in the long term.
Secondly, you could consider storing your caravan in a CaSSOA (Caravan Storage Site Owners Association) approved site. CaSSOA approved caravan sites can be awarded either a Bronze, Silver or Gold award if they meet certain security and safety criteria. If you store your caravan on a CaSSOA approved site you can reduce your caravan insurance premium as well as benefiting from the peace of mind that your caravan and valuables are being securely stored.
Caravan owners who store their caravans on their driveway or in the garage with very little security typically find they pay higher premiums for their cover.
Security devices that are installed on your caravan may also help you to keep down the cost of your insurance. Most insurance companies may offer a discount if you fit a wheel clamp (or two wheel clamps for twin axle caravans) and a hitch lock. Some insurers will also offer you reduced premiums if an approved tracker system is fitted to your caravan.
Another factor to give some thought to when buying touring caravan insurance is whether you want to take the caravan abroad. Some policies restrict usage to the UK and some include European cover and so you can save money by buying a “UK only” policy if you have no intention of taking your caravan overseas.
There are various other issues that you can also take into account when buying touring caravan insurance that are common to many insurance policies. For example, your number of years ‘no claims’ bonus will affect the cost of your cover as will the excess on your policy (the higher the excess, the lower your premiums but remember in the event of a claim you will have to foot more of the bill). Some companies might also offer a discount if you buy your insurance online.
When looking for caravan insurance any of the above may be able to help you make savings on your caravan insurance.