Whilst it may not be a legal requirement, it is always a good idea to insure a static caravan. As with any permanently sited residence, a comprehensive insurance plan can help to protect your caravan against a range of similar issues which one might expect from any type of property.
Prices of insurance plans can vary considerably depending on a number of factors such as the type of insurance cover you choose, market value cover vs old for new cover, amongst other things.
Market value cover refers to insurance based on the market value of the caravan, meaning it is only covered for the amount it is worth in terms of its resale value. In the event that the static caravan is damaged beyond repair, market value cover insurance will pay out the value of the caravan at the time.
In the event of a total loss, with new for old cover, this type of insurance will provide you with the value of a brand new replacement equivalent – this will inevitably cost more than market value insurance.
Other Factors:
As with any type of insurance, there are several different types of plan available to suit specific needs and requirements. Static caravan insurance may offer cover for the following:
Static caravans are often located in scenic places by the coast or other unsheltered rural locations where extreme weather may occur off-season – storms, hard frosts, wind, rain and snow can all cause damage. Some types of insurance can also cover any decking or outdoor items.
A static caravan is an additional residence, and it comes with all the same basic contents as any other type of dwelling – a fridge, cooker, soft furnishings, shower etc. Many owners invest a lot of hard-earned money into making the interior of their static caravan homely, both in terms of aesthetics and of comfort. A comprehensive insurance plan will cover all contents, from furniture to personal possessions.
Thankfully most static caravan parks are well monitored and provide a good level of security for unoccupied caravans; however, as with anything of value, it can sometimes be a target for thieves or vandals. Being a victim of this type of crime can be highly upsetting and stressful, something which is heightened considerably when the owners are faced with additional financial costs in order to repair the damage. Insurance can offer peace of mind that in the event of such an unwelcome surprise, your caravan and its content will be covered.
Replacing external locks can be costly and inconvenient, many insurance policies offer key protection which covers the replacement of external locks if they happen to be lost or stolen.
Some insurance plans will also cover the costs of re-siting a new caravan if the old one is damaged beyond repair. This will include the removal of the old caravan and any debris.
There are numerous different plans available on the market when you look to insure a static caravan – when looking at different policies, it is a good idea to check they have all the features you require and to compare with other policies in order to get the best price available.
Our static caravan park is situated in the scenic Mid Wales countryside, we offer a range of static caravans for sale at Presteigne. The Presteigne team are highly experienced in the management of static caravans and are always available to offer helpful professional advice. Presteigne Holiday Park offers competitive caravan insurance, contact us today for a quotation or further information.
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