Static caravan insurance can vary depending on who you take the cover with. There will be some features of all policies that are the same. But some providers will add in more extras than others.
Some insurance providers could also add in more limits and exclusions than others. So, check carefully and beware of what the static caravan policy contains.
While you may rent out your caravan to holidaymakers to earn a living from it. But before doing so you need to check that your caravan insurance would apply if damaged by renters. Moreover, would it cover, if your caravan were to become damaged and you had to take it to a different site for repairs? Also, it could be many weeks before your caravan would be ready for renting after repairs. If this happened during the high season, then you could lose out on a large amount of rental income. If the caravan insurance does not cover periods when the caravan must be repaired, you may have to find alternative means of earning a living.
It is therefore important to check what the policy includes and what is not. Do not be tricked into believing that you will be covered if you have a static caravan accident. It is better to take out a policy that would pay out to repair or replace your caravan.
By the way, what is a static caravan? Static caravans are small homes built at one location and moved to another area. Once moved to another area, the static caravan usually spends the remains of the time in that area. Static caravans can make beautiful holiday parks and resembles a motor home. Property owners can use a static caravan as an extra home on a property for guests or rentals. You can find static caravans for sale on eBay, Facebook, and Craigslist, etc.
Choosing Static Caravan Insurance
Steps to take to ensure that your caravan remains safe. As well as choosing the best static caravan insurance.
- Try not to situate your static caravan in a high-crime area. You can buy security cameras to keep your caravan under lock and key.
- Your caravan insurance cover can be expensive. If you want to be able to move it then be prepared to pay. If you plan on moving or relocating your caravan get transit insurance policy coverage. Thus, if you were to have a breakdown then your policy would payout.
- An insurance policy document might seem extensive. But, you should do a thorough check of the policy before taking it out.
- Securing caravan insurance can be difficult. However, there are specialist insurance agents out there who could help. Such agents associate themselves with the best static caravan insurance companies. Insurance agents would be more than willing to help and guide you. They will show you the best caravan insurance against theft, vandalism, and accidents.
- In the case of your caravan being stolen, the insurance provider would inform the police. They would then investigate the crime scene and let you know how much it costs to replace your caravan.
- Take out a policy that would pay out for static caravan damage. Then, declare to the insurance provider if you have a static caravan accident. You can even get static caravan insurance with flood coverage.
- Static caravan insurance can have a separate cover from touring caravans. Since the cover is for a static caravan and not for touring. However, you should check that any policy you are considering specifically covers static caravan incidents. You should check to see if you are paying for cover for reasons other than it being a static caravan.
- If you are renting out your static caravan then it could be a good idea to insure it with static caravan insurance. Do not rent out your caravan without telling the insurance provider they you intend to use it as a vacation rental. Check that the insurance policy will allow you to add cover for rental as a static caravan.
Static Caravan Insurance (FAQ)
What is static caravan insurance? Static caravans are insurable. Insurance companies would give you an insurance policy for your static caravan. To test the insurable amount, insurers consider the static caravan’s market value.
How much is static caravan insurance roughly? It depends on the coverage type. The cover is usually sold as a bundled package.
What does static caravan insurance cover? Coverage may include, storm cover, flood cover, rental cover, caravan contents cover, replacing keys and locks coverage, etc.
