Insuring your caravan is generally regarded as an expensive task. Since the cost of insuring your caravan is a necessary expense, finding cheap caravan insurance is the best way to save money. Here are some money saving tips when it comes to purchasing caravan insurance.
• Parking Location
Mentioning the location where you park your caravan is important when purchasing insurance. Insurance groups calculate your premium based on this location, and they may not be aware of security measures in place in your local area. Areas are assessed according to crime rates and risk of environmental damage to the caravan. If your area has recently implemented additional security features such as a neighbourhood watch, mention this to the insurance group to see if you can receive a discount.
• Safety Features
Adding some inexpensive safety accessories to your caravan can lower your insurance premium considerably. Some safety features that you can add to your caravan include:
- Hitch Locks
If your caravan is hitched to another vehicle, using a hitch lock will secure your caravan and lower the risk of having your caravan stolen.
- Alarms
There are a variety of alarms available for caravans, ranging from a simple alarm that is sounded when a door is opened without a key to complex alarm systems that employ wireless technology. More complicated alarm systems can include smoke detectors, low battery alerts, and telephone call services to alert you of unauthorised entry.
- Wheel Clamps
Wheel clamps are attached to a wheel of your caravan and prevent someone from driving the vehicle. It is impossible to drive a caravan at normal speeds when a wheel clamp is in place, and driving the caravan at all with a wheel clamp attached would result in damage.
• No Past Claims
If you've never had a claim on your insurance policy in the past, you may be eligible for a discount when purchasing a policy for your caravan. Ask the insurance group about any bonus offers they have for drivers with no past claims.
• Caravanning Clubs
Belonging to a caravanning club can often allow you to obtain cheap caravan insurance if you mention your membership to the insurance group. You may also ask the organiser of your caravanning club about whether they know about discounts available to the group.
• Check Coverage
Make sure that you check the policy before you sign up for anything. See if there are types of coverage that are optional and you do not feel are necessary for your caravan and let the insurance group know that you would like to opt out of certain additional coverage choices.
• Increased Voluntary Excess
One of the easiest and best ways to obtain cheap caravan insurance is by increasing the amount of the voluntary excess on your policy. Voluntary excess is the amount that you agree that you will pay before the insurance group takes over paying for damage or other claims.
• Take a Course
Some insurance groups offer a discount if you take a course in operating a caravan.