In this guide we’ll take you through the key points of our touring caravan insurance, giving you some pointers on how to get the best value out of your touring caravan insurance. Read on to find out more on:
In essence, touring caravan insurance protects your caravan against loss or damage as a result of unexpected events. Some third-party liability cover is provided by your regular car insurance however, to protect your caravan as an investment, you really need specific touring caravan insurance. Depending on what cover you choose, your caravan insurance can:
Though it’s not a legal requirement, touring caravan insurance is an essential regardless of whether you’re new to caravanning or you’re a seasoned pro.
At Towergate we offer a flexible product so you can choose the cover package that suits your needs, whether your caravan is permanently sited, or you tow all over Europe. We spoke to thousands of our customers to find what they wanted from their caravan insurance. Then we built the core cover based on what our customers told us was important to them and our own data, so you can be confident the most common risks to your caravan will be covered. These include cover for accidental damage whilst towing, fire, theft, storm, malicious damage and third-party liability.
Here are just a few of the features and benefits of our touring caravan insurance:
“My touring caravan is covered by my car insurance”
Your car insurance usually covers you for third-party liability scenarios. It won’t cover you for loss or damage to the caravan. It pays to get specific touring caravan insurance with a specialist like Towergate Insurance.
“My new for old is based on the market value of my caravan”
New for old is based on the value to replace your caravan as brand new. In order for us to give you a correct new for old replacement, you should provide us with the brand new value of your caravan, or equivalent similar model. It is important to make sure your caravan is insured for the correct value, or ‘sums insured’, so that in the event of a claim you will be insured for the full cost of a replacement caravan, subject to your sums insured.
The market value of your caravan is the value at time of loss, taking into account the age, condition, wear and tear etc.
If your caravan is underinsured, it will affect your final settlement, and the maximum you will receive is the sums insured.
To help you get the right policy, here are some things to think about when buying your insurance.
Ask yourself all these questions to establish what cover you need. Our core cover includes day-to-day cover for the essentials, including accidental damage whilst towing, fire, theft and storm damage. You then have the option to extend or add extra cover, including European towing, accidental damage whilst static, protected no claims, legal protection, key protection and excess protection.
You can tailor your policy for the best level of protection for you, whether you holiday once a year or are a globe-trotter travelling in style.
The sums insured part of your policy will depend on whether you have New for Old or Market Value cover. It includes the value of the caravan, the items contained within, and external accessories on your caravan that you would like covered. This may include push bikes, kitchenware and other caravan contents. The key is not to leave anything out and if you end up taking more away with you, be sure to add those items to your policy before you travel to make sure they’re covered.
Contents cover up to £1,000 is included in our policy as standard, and you can choose to increase this cover as an optional extra if you need a little more. It is worth noting that items such as laptops, mobile phones, tablets and high value items (such as jewellery) may not be covered, and it is worth checking with your household insurance to make sure these are covered whilst away from the home.
The value of your caravan will affect your new for old value or replacement value. You should know the market value of your caravan and the ‘buy-new’ value if possible. If you have bought a brand-new caravan, finding out these values should be easy. However, if you have a second-hand caravan or an older model, it’s best to take it to a registered dealership who can guide you on how much your caravan is worth.
If you need to take more items away with you or you modify your touring caravan in some way which affects its value, be sure to let us know so that your insurance cover remains valid. Please also notify us if you need to make any changes to your policy, for example if you have purchased a new caravan or changed your storage arrangements.
You’ll find the full list of policy exclusions in your policy documents. However here are a few exclusions that often escape our customers’ attention:
Sometimes insurance can be a bit like a foreign language. Here’s our run down of a few words and phrases which may be a little confusing.
Our touring caravan insurance can cover you for accidental damage while towing, fire, theft, storm, malicious damage and third-party liability. As specialists in caravan insurance for over 20 years, we’ve come to understand what caravanners want from their insurance. Combined with our flexible approach to insurance and helpful customer service, we’re confident that our cover and service will bring peace of mind and allow you to travel in your caravan with confidence.
For more information visit our touring caravan insurance page or call us on 0344 892 1413.
Date: February 26, 2014