Caravan Insurance – Preventing a Ruined Holiday
 
People insure many things: their home, their car, their personal possessions, their business, their travel – and even theirlegs. In the case of any unforeseen event, people make sure that they are covered for the repair or replacement of any
valuables in their lives. Trouble may strike if they discover, upon attempting to make a claim against their insurance on a damaged, stolen or destroyed valuable, that they are underinsured.

In that case, the insured may need to cover the gap themselves – which defeats the purpose of being insured in the first place, particularly if the excess paid brings the total out-of-pocket expense close to the value of the item they are claiming for.
 
One area where underinsurance may prove to be more than a nuisance is caravan insurance. This may be even more of a concernwhen you are on a holiday and something happens to the Motorhome in question. Motorhome insurance is designed specifically to cover the cost of replacing or repairing a caravan should an unexpected event occur, such as an accident, fire, theft or weather-related incident (wind, storm, flood and so on).

Imagine planning a caravanning holiday, only to have your caravan damaged in some way, rendering it unusable. However, nothing could be worse than being on a holiday with your caravan and having it cut short due to one of these situations. With the correct insurance, though, you could be on your way in a replacement caravan in next to no time (obviously, depending on the coverage you purchase). 
 
But what would happen if your caravan is underinsured? You'd need to pay the excess, plus the difference between what your insurance company will pay for a claim and what a new caravan (or repairs to your existing caravan) would cost. Think of the dent in your budget that would cause, and what you couldn't do on your holiday as a result.
 
When you purchase caravan insurance cover, there are certain factors you need to take into account. Are you offered any discounts for completing a course on correct towing procedures (towing a caravan is different to towing a trailer, for example)? Will you be covered for accommodation if your caravan is uninhabitable while you're on holidays? Are the contents and/or annex covered, or is this an extra cost? Does the policy cover the caravan you tow, or a caravan stored on-site (that could perhaps be unregistered)?

Are the costs covered if your caravan needs to be towed to a repair centre? If it needs to be stored before repair, is this under the policy? What weather-related events are covered – cyclone or tornado, flood, hail and wind or storm damage? If you tow your Motorhome, will its insurance cover you in other states or countries?
 
All these questions need to be address to prevent your caravan from being underinsured. Don't allow an underinsured Motorhome ruin your holiday!