All That You Need to Know About Static Caravan Insurance
If you're one of the many people who own a static caravan, it's important to protect your investment. There are a number of different types of insurance that can help you do this and our team here at NACO have put together a little blog post about what you need to know regarding static caravan insurance.
Static caravan insurance is a type of coverage that can be used to protect your static caravan from damage or theft. This type of insurance will also cover any accidents, should you have one. If you're looking for the best static caravan insurance policy in order to keep your investment protected, then take a look at the following information about this subject.
Static Caravan Insurance, Is It Needed?
You might be asking, "Do I really need to ensure my static caravan?" and the answer is legally no, but many parks will insist on at least a basic level of insurance. Besides, a static caravan isn't cheap, so it's common sense to have some sort of cover for it in case something goes wrong. Our team here at NACO have put together a list of all the things you need to know.
Insurance for your static caravan is similar to your buildings and contents at home. It's a permanent fixture, with plumbing and electricity, and like your home, it could be damaged by something going wrong no matter if that is inside or by the weather outside. Insurance ought to cover all eventualities as well as accidental damage to your property or reimbursement for stolen goods.
The exact cover would be determined by your policy and of course your exact requirements. You can easily find a policy that will suit you and your financial situation, you can edit policies to make them cheaper or more expensive based on a number of things, one of which is the excess you are willing to put forward.
How Much Will It Cost?
There are several factors to take into account when calculating static caravan insurance, much as there would be for your home insurance. The cost of replacement, new for old or market value is one thing as well as any extras like a decking area or veranda and of course, the value of the caravan itself.
When looking into cover, think about how you use your static home. Are valuables left there for long periods of time? Do you let it out to friends and family or on a commercial basis even? How many days or weeks in a year is it left unattended? These will all be contributing factors to the eventual cost of your insurance.
Static caravan insurance is much like other forms of insurance you use in your daily lives, such as car insurance or home insurance. You need to go through your policy with a fine-tooth comb before signing on the dotted line because you may find things you don’t need to pay for or you may need to add stuff onto the policy. Each edit you make can make the insurance quote cheaper or more expensive, this is why shopping around is one of the best ways the find the right policy for you.
Differences from Home Insurance
Whilst there are similarities with home insurance, there are usually some very definite differences, too.
Water is generally required to be switched off over the winter months and any equipment drained. Otherwise, there should be evidence of heating being left on to ensure pipes do not freeze. You will likely be asked about what precautions you have taken, so think about how you could protect your property.
Any accidental damage caused by tenants if you let your caravan is not likely to be covered, so be prepared to use their deposit. Similarly, damage caused by pets will not be covered either - nor will vermin or infestations. You need to make sure the static caravan policy you take out covers all of your needs and also that you meet their requirements during the off-season.
If something catastrophic happened and the caravan was lost completely - a fire, for example - you would want to be covered for resiting. This would include clearing any debris away and getting the pitch back to a usable state before a replacement caravan could be placed in situ and connected to mains services.
Costs for resiting will vary from one park to the next and might be higher if you have a larger unit. The park manager should be able to give you an idea of what the costs are likely to be to ensure you gain adequate cover.
You will want to be insured for a sum that would allow you to replace everything if the worst were to happen, so as well as the resiting costs, think about what it would cost you to replace everything in the caravan if you had to start again from scratch. As with your main residence, contents is important to cover.
It's always better to be safe than sorry.
Contact NACO For More Info Today
All of this information is why we want you to get in touch with us. We understand that insurance can be complicated and overwhelming, but our team has been serving people like you for over 25 years. If you’re looking for a professional company that will take the time to talk through all your options, then please contact NACO today!
Our knowledgeable staff would love to help make sure that your family has everything they need when it comes to protecting their home and belongings against unforeseen damages or threats. When was the last time someone called out about how much they enjoy dealing with an insurance company?
You don't have to worry about those headaches any longer because now there's NACO, helping individuals just like you get the right protection for your static caravan. All you need to do is give us a call today, we are always more than happy to help and answer any questions we possibly can.
Contact our team here today if you have any further questions or queries.