Millions of people dream of a home that is mobile
and takes them to wherever they fancy. This on-the-move home
is known more popularly as a touring caravan and doesn’t
come cheap, which explains why very few of those millions
of people possess one. It may cost anywhere between £5000
and £20,000. Then there are many who would prefer
to acquire a caravan without spending a dime. Statistics
show that around 5000 touring caravans are stolen each
year. Many are reported stolen from caravan storage
compounds and caravan parks. Some are stolen from under
the very noses of the owners – outside their
brick & mortar homes!
A security device is a must-have for a caravan. So is insurance.
The latter more so, because thieves have devised ways to deactivate
some security devices.
If
you’re
fond of traveling and own a caravan or motorhome, then
you would be best advised to secure and insure your
mobile home. Besides a fool-proof alarm system, we recommend
a quality insurance product that protects your investment against loss from accidents, fire and theft.
You would also need third party liability indemnity insurance
to protect yourself against claims made by others.
Our recommendation is Caravanwise a leading insurance provider.
With Caravanwise, you have the added assurance that the coverage
is provided by the major UK insurance company and underwriter
NIG (the trading name of National Insurance and Guarantee
Corporation who are now part of the Royal Bank of Scotland
Group).
Caravanwise are regarded as specialist insurance agents
because they provide a first rate service to help you protect
one of your largest financial investments after your home
and your car. Caravanwise only arranges insurance for recreational
vehicles like motorhomes, touring caravans and their static
cousins.
Caravanwise’s policy offers protection on a new-for-old
basis for touring caravans that are up to five years old
(as long as they are less than two years old at inception
and you have owned the caravan from new). If you have bought
your 'van on finance it is important that you carefully consider
new for old cover. The policy has sensible security requirements
and a premium discount is allowed if you have an alarm or
additional electronic security.
Thefts of caravans are on the rise making Caravan insurance
all the more necessary. Even minor accidental damage may
require replacement of new panels. Cost of Cavern Insurance
is shooting up it really makes sense to do a good amount
of research to get a quotation that gives the best value
to you.
Many
companies specialize in providing motor home, static and
touring caravan insurance. These companies come with
a range of policies that may suit your needs. Choose after
you completely understand the policy and the comparative
cost of other such policies.
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