Seeking out the right kind of insurance for your caravan can be a complicated and twisted affair if you do not know what you’re getting in the deal. Your caravan might be a touring or a static one; however it is still prone to accidents and injuries, vandalism and theft. Here are some tips to help you choose the kind of insurance that works best for you.
Type of insurance
This is divided into three types, touring caravan insurance and a static caravan insurance as well as trailer tent and folding camper insurance. However they will not cover caravan servicing, which you have to pay out of your pocket.
Things to consider
You need to check if the insurance on your car has towing covered, although caravan insurance is not legal formality, the insurance on the car is unlikely to cover the caravan. Also, if touring in Europe, you would need additional cover possibly. Once again, caravan insurance repairs are case specific and if you want coverage for the same, be prepared to shell out extra cash.The insurance should protect the personal possessions which are stored in the caravan. This includes gadgets and clothes, laptops, smart phones and tablets too. If you intend to carry expensive electronic gadgets, the amount covered needs to be enough to protect what’s yours. Also see to it that the excess mentioned on the policy is not more than the valuables’ worth. Another thing to watch out for is if you already have contents cover on any other insurance, like travel or home insurance. If you double up on insurance, which is sometimes the case, disputes may arise during claim settlement. Visit this link https://www.ourvanrv.com.au/ for more info on caravan insurance repairs Melbourne.
Some other things to consider are new-for-old coverage, accidental damage, removal during emergencies, breakdown coverage, and protection from loss of use, public liability insurance, agreed value and awning cover. You also need to check for family and friends’ coverage, fatal injury and damage from weather, year round touring as well as storage should be covered by insurance. It is imperative to have third party / public liability cover and emergency accommodation expenses coverage on your caravan insurance.
If you choose to pay an excess on the caravan insurance, it will be divided into compulsory and voluntary excess. The compulsory excess is the amount which is deducted from the claim settlement, and the voluntary excess is the agreed amount you pay in addition to voluntary excess. If you have a higher excess, the premium on insurance lowers.
There is some exclusion mentioned in caravan insurances which include the caravan being used as a permanent residence for home, trade or any kind of business. Wear and tear, mechanical and electrical breakdowns, and theft except forced entry into the caravan are not covered.