BEFORE YOU TOW YOUR CARAVAN GET IT INSURED

While touring caravan insurance is not a necessity for you to take your caravan and tow it behind your car, without it you could lose everything if you should have an accident and the caravan was destroyed. Not only this, there is also the possibility of fire, theft of the caravan, theft of belongings and damage caused by such as fire and flooding once you have arrived at your destination. Insurance does not have to cost a lot each month if you allow a specialist broker to search around for the insurance on your behalf. You can then go over the quotes in your own time, compare them and seek out the best insurance deal for your needs.
When considering touring caravan insurance and comparing the quotes found by a specialist broker you would have to make sure that you were comparing cover that offers the same. This means that each policy compared for the cost of premiums would come with the same level of excess; the same new for old protection e.t.c, and this would be the only fair way to compare.
Some insurance companies offer new for old or what is also known as the market value cover. This means that if your caravan is within a certain age limit and if it was totally destroyed you could get a brand new replacement in the event that it was damaged beyond repair. Market value cover means that the insurance company would pay out the current value of the caravan. When taking this into account when applying for insurance you would need to ensure that you have not only the caravan covered but also any accessories.
All insurance would come with excess built into the insurance. This is the sum of money that you would have to find to put towards the claim if you made one. If you want to keep down the cost of the premiums for insurance you can choose to payout more in excess. However while you would save on the premiums each month you would have to payout the excess before claiming so this is worth considering especially if you choose a high amount of excess.
Your no claims bonus would go towards saving you money on your touring caravan insurance. If you are an experienced driver and have no claims bonus then you are seen as a safer driver and this could be taken into account when towing the caravan and so help to keep down the cost of the premiums.
The more secure your caravan is the cheaper you will get the insurance. If you payout for extra security features such as steering locks, alarms for the doors and windows along with a tracking device the cost of insurance can drop. Take a look at some of the insurance websites as they often list well known manufacturers of security equipment and installing these can save you more than installing a cheaper brand. Finally if you have a stability system for towing your caravan then this too could also help you to make huge savings on the cost of touring caravan insurance.