Factors That Can Influence the Premium
Insurers may consider the caravan's value, type, age, construction, storage postcode, security, intended use and claims history. A frequently toured caravan can present different risks from one kept permanently onsite. An off-road build, imported model, substantial modification or high-value contents inventory may also affect eligibility or price.
Location can reflect theft, storm, hail, flood and repair risks. Storage in a locked building may be treated differently from storage on a street, open property or remote site.
Excess and Cover Choices
A higher basic excess can sometimes reduce the premium, but it also increases the amount you contribute to an accepted claim. Optional contents, annexe or lay-up cover may change the price, while hiring out the caravan may affect the premium or eligibility. Compare the total cover and limits rather than adjusting only one number.
Compare Quotes on the Same Basis
- Use the same caravan value and usage details.
- Declare the same accessories and modifications.
- Match excesses as closely as practical.
- Compare contents, annexe and other policy benefits.
- Read exclusions and eligibility conditions.
The cheapest premium can represent different cover. A slightly higher quote may include a different value basis or benefit limits, while a lower quote may suit someone who does not need those features.
Review Rather Than Automatically Renew
The insured value, excess, premium and policy wording can change at renewal. Review the renewal notice, policy schedule and current policy documents, and tell the insurer about changed storage, use, accessories or modifications. Obtain alternative quotes when useful, using the same information for each.