There is a very quick and good answer to the question asked above.
That usually involves a sentiment along the lines of “to find the lowest prices” and you are likely to see lots of internet articles aimed at telling you where to find the cheapest possible cover you can.
There is though, another way of looking at this and it should be regarded as the most important justification for trying to compare caravan insurance.
Peace of mind
It’s worth considering for a second the size of your investment in your touring or static caravan.
The price of a new modestly-sized static home on a caravan park can now easily exceed £100,000. It’s therefore a fairly safe bet that the sort of sums involved are of a magnitude that you’ll want to do your best to protect them. That is, of course, where caravan insurance comes to the fore.
It is there to protect your touring or static caravan against a range of specified perils. It also provides you with important cover against the possibility that you are successfully sued for third party liability type claims.
However, it’s worth thinking about just what might go through your mind in the context of you needing to turn to your insurance policy to make a claim. That’s because it is highly unlikely that, in such a scenario, your first thought will be to congratulate yourself on finding the cheapest caravan insurance around!
Instead, you’ll no doubt be looking very closely at whether or not the misfortune you have suffered is covered by the policy in your hands. Therefore, it just might make a lot of sense to make the quality of the cover provided by a policy the most important of your selection criteria when trying to compare caravan insurance.
Do policies differ that much?
There may be some cynics who will tell you that only the price counts and that to all intents and purposes after that caravan insurance policies are just about all the same.
To be clear, that is incorrect.
Caravan insurance policies may differ significantly in some of the following areas when you are trying to compare caravan insurance:
- whether they offer new-for-old cover on your caravan and if they do, under what conditions. Some might offer such cover for caravans up to five years old however many previous owners they may have had. Other policies might not do so and instead only offer protection on a new-for-old basis for caravans under two years of age or up to five years of age if you have been the single exclusive owner since new;
- the amount of excess payable in the event of a claim may vary widely;
- some policies might include substantial elements of overseas travel cover whereas others will regard that as an optional and chargeable extra;
- certain policies might have extremely restrictive clauses on how often you can use your caravan and where; etc.
The bottom line is simple. It might not be advisable to wait until you need to make a claim before looking closely at the nature of the cover your policy is offering.
Doing that for the first time only in the context of needing to try and make a claim, may result in some very unpleasant shocks. So when trying to compare caravan insurance, put your emphasis on the quality of the cover provided rather than necessarily the ticket price.