For those who are fortunate enough to own one, their caravan is often a great source of pride and treated as a second home. Like at home, any accidents or a burglary involving your caravan can be devastating, both emotionally and financially. Having adequate insurance for your caravan can help soften the blow. We've outlined the key points to help you get to grips with the basics.
Types of Caravan Insurance
Caravan insurance comes as three basic types:
- Touring Caravan: Covers the types of caravan which are towed behind a car or other vehicle
- Static Caravan: Covers caravans which have a fixed location such as a caravan site or holiday park . Static caravans often spend long periods of time uninhabited, at your chosen holiday destination, so it's a good idea to have a good amount of contents insurance, or remove any valuables during such periods. Furthermore, if your caravan is being transported, you should look into separate insurance to cover any risk during its transport.
- Trailer Tent/Folding camper: These may be seen as hybrids between a caravan and a tent. They offer stable shelter in a more portable form, but can be difficult to insure, due to not being as secure as a regular caravan
Touring Caravans and Car Insurance
You may find that your car insurance provider offers a level of cover for caravans whilst towing. If you're fortunate enough to have such a policy, you should check for any size/weight restrictions.Unfortunately it's unlikely that your car insurance will offer any coverage to your caravan for its contents, or in case of it's theft; for this you will need to take out a dedicated caravan insurance policy.
You may already have some cover for your possessions on your home contents insurance, - or at least be able to add it as an extra. The one caveat with this is that, should you need to make a claim for your caravan, your home insurance will inevitably go up. Whereas, with a caravan policy separate to your home insurance this problem is removed
Touring and Static caravan policies should provide a certain level of cover for your contents. Any policy you're considering will state the specifics of what's covered, but generally clothes and gadgets; (phones, laptops etc) - should all be included. You'll need to scrutinise the financial restrictions of any claims as well – there may be limits on the total amount claimed for electrical items, or you may have a particularly expensive laptop or camera which exceeds the claim limits.
As with any insurance policy you'll need to familiarise yourself with the details to ensure that you're not going to be contravening the terms and conditions. Some of the most common exclusions for caravan insurance are:
- Your caravan is being used as a place of business or permanent residence
- Theft of contents due to unforced entry
- Electrical and mechanical problems
- Any deterioration due to 'wear and tear'.
For folding and trailer tents you may find that personal belongings are excluded, particularly electrical items, and that insurers will specifically mention exclusions for damage caused by rodents/pests and mould/mildew etc.Image: © Lunamarina | Dreamstime.com