Everything You Need To Know About Campervan Insurance
Do you own a campervan? Well, these recreational vehicles are getting really popular today and a lot of families love to explore destinations in campervans without taking to the hassle of flights and separate accommodations. A campervan can provide many valuable and treasured happy memories for the entire family and it’s definitely one of your most prized assets. Campervan insurance would enable you to ensure a safer future for it.
Below offers a brief on everything you need to know about campervan insurance.
Types of campervan insurance policy
There are mainly 2 types of campervan insurance. These are:
TPO or third party only campervan insurance
It refers to the minimum coverage level as made mandatory by law & it covers:
- Property damage
- Liability for any sort of injury to any party, including passengers
But it won’t cover any accidental damage faced by your campervan.
As the name suggests, the comprehensive campervan insurance would ensure extensive protection for your vehicle including everything third party covers, theft and fire. It would even cover your campervan against any at-fault damage. But you should understand that all the comprehensive policies won’t be the same and the terms of coverage would vary from one insurer to another. So, before you by your insurance, make sure to read the terms and conditions thoroughly.
What to check?
While taking your campervan insurance, it’s vital to check out whether the policy covers all the important aspects of your vehicle. The most important policy areas here are:
- “New-for-old” campervan replacement - in case of total loss of your vehicle
- Campervan equipment cover - this is for the non-fixed items that are usually kept within campervan such as gas cylinders, camping equipments, televisions & kitchen equipments.
- Windscreen & glass cover
- Cover for audio equipments - which will provide coverage for audio, visual, communication or navigation equipments that are fitted permanently in your campervan
- Coverage for legal expenses
- Vandalism cover
- Courtesy car- in case the campervan gets written off or stolen
- Trailer cover
- “Any driver” emergency cover
- Campervan breakdown assistance
- Coverage for the theft of lock transmitter or keys
- Coverage for personal accident
- Coverage for awnings & generators
- Gas & explosion cover
The drivers of the vehicle are a crucial part of any campervan insurance. You have to mention the name of primary driver to your campervan insurance provider. If you plan to have additional people driving your vehicle their names should be added to the policy as well.
Excess refers to a contribution that you would be paying towards a claim & the excess part is divided into 2 types- compulsory excess & voluntary excess.
It refers to the sum the insurer needs you to pay for any claim that has been made on the campervan insurance. Usually, it is deducted from settlement that is made to the campervan owner.
It’s the sum which you have to pay for a claim, added to the compulsory excess sum of your campervan insurance. The higher your voluntary excess, the lower your premium would be. However, if you opt to take a higher excess to lower your premiums, make sure the level is affordable for you in case of an accident.
Tips to assure affordable campervan insurance
There are several ways to assure affordable campervan insurance-
Be careful about vehicle safety
The safety of your vehicle plays a big part in deciding the premium of your campervan insurance. The more secure the campervan is, the lower your insurance premium would be. Thus, if you are serious about lower rates, make sure to safeguard your campervan with alarms, advanced tracking systems & locks. These safety measures can save you a considerable amount of money on your campervan insurance premiums.
Safe driving course
Do you know that a campervan maneuvering course will earn you good discounts on the insurance premiums. Trained drivers imply safe driving practices which ensure less chances of accidents and lesser possibilities of claims. Thus, the insurance companies consider the trained drivers as less risky or more secure and therefore often happily lower the insurance premium charged.
The place where you store your campervan influences your campervan insurance premium.If the campervan is kept at a high-risk postcode it will attract higher premiums compared to the lower-risk ones. It is seen that campervans stored at rural-based storage centers come up with lower premiums than those stored at city-based ones. However, if you are staying in a city, it might not be possible for you to store your vehicle in a rural area- but you can definitely arrange for a safe storage of the vehicle to ensure lower premium for you. Do not just keep your campervan on any public road overnight, rather park it on your drive way or in your back garden. The insurers need your vehicle safe to guarantee a lower premium for your campervan insurance.
In case you plan to purchase a new campervan in the near future, get one with smaller engine. Many campervan insurance providers assure lower premium for campervans with smaller engines.
This is another important point to take care of when you are on the lookout of an affordable insurance policy. If you use your campervan just occasionally & do not travel miles frequently with it, you will be able to earn a low-mileage insurance discount from your campervan insurer. Make sure you mention this to your insurance provider.
You should make sure that your chosen insurance policy provider is ready to offer you a no-claims bonus. As the name suggests, this bonus refers to a reward from the insurer to clients who do not make claims on the policy.
Planning to take your campervan abroad?
Do you have plans to take your campervan abroad? That’s great but before you go, make sure to get European insurance for your campervan. It would assure some degree of basic coverage for your campervan while you are in a foreign country.