There’s no legal requirement to have touring caravan insurance so why do caravanners typically spend in excess of £250 each year insuring their caravan?
The only legal requirement for caravan insurance in the UK, and by extension Europe, is that your car or other towing vehicle has at least third party liability insurance to tow a trailer. The Road Traffic Act and various motor insurance directives from Europe have defined what minimum third party insurance means but it is very clear that it pertains to the car and any trailer it is legally towing. So if your car insurance covers you to tow a trailer and the vast majority do then the legal requirement is covered.
Caravan third part liability is quite different from road risk liability insurance and in most cases is only operative when the caravan is detached from your car. Remember when it is attached to the car the car insurance provides the third party liability cover (see above) but do check you have this insurance in place. Caravan third party liability cover may be required by a holiday site owner or storage site owner to ensure that any damage caused by your caravan to others will be paid for.
Touring caravan owners therefore choose to buy comprehensive insurance for their caravan for all of the other incidents that might possibly befall the caravan. For example theft of the caravan, theft from the caravan, accidental damage, storm damage, fire and flood. There is an assumption that all policies are more or less the same and that all companies will deal with your claim in the same way. Unfortunately this is not always the case and you really must read the small print to make sure that what you think is covered is in fact covered.
If you are going to spend £80, £200 or even £400 on your caravan insurance (depending on value and your experience) then you need to choose a company that is totally committed to providing easy to understand cover and to treating you fairly, going the extra mile if you ever need to make a claim.
Caravanwise Caravan Insurance