Saving yourself some hard earned cash on your caravan insurance policy is easy when you know exactly what to look for and more importantly what caravan insurance companies are looking for in terms of a lower risk and safer policy holder. I am going to give you some simple direction on what to do to carve off some numbers from your caravan insurance premium.

Step 1: Previous Years without Claiming

Probably the biggest way of saving money on your caravan insurance premium is the discount that you can get from having previous years without making any claims. If you have just 3 years without making any claim on your caravan insurance policy you can get a huge discount of 45% which in layman’s terms is like shaving off almost half of the cost of your policy.

For those who have no previous years without claims on their caravan policy, or if this is your very first caravan insurance policy then there is no need to be disappointed or feel despair, we have that covered. We do not restrict this no claims discount to just your previous caravan policy. Even if you just have 1 year no claims on your own car insurance you can get a very healthy 35% discount, but if you have 3 years no claims on your car insurance you automatically qualify for the full 45% discount, the same as having 3 years no claims on your caravan insurance policy.

Step 2: Caravan Storage

The next biggest step to shaving off even from your caravan insurance premium is where you store your caravan. If you can keep your caravan stored on a seasonal pitch all year round and if your caravan is never towed on the road then you qualify for getting another huge chunk sliced off your premium with an amazing discount of 25%.

 So far with just these two steps you can amazingly chop off almost 3/4 quarters of your original premium price. That’s a huge saving in a time when money is short for many people. Let’s see what else you can do to squeeze out even more savings.

Step 3: Caravan Security

 Caravan security is probably the biggest concern for both caravan owners and insurance companies and there are some easy ways to both secure your caravan and reduce your caravan premium even further at the same time. There are a number of security devices that you can use with or attach to your caravan that can reduce your premium by a further 5%-10%. Here are the devices you can use along with their corresponding % discounts:

  • Alarm – 5% discount
  • Tracker – 7.5% discount
  • Phantom – 10% discount
  • Thiefbeaters – 10% discount
  • AL-KO wheel lock – 10% discount

In addition to the above discounts you can also gain a 10% discount by storing your caravan at a Cassoa Registered compound or storage facility. [N. B. Please Note that with the above discounts (Alarm, Tracker, Phantom, Thiefbeaters, AL-KO wheel lock and Cassoa Storage) in the event that you employ more than 1 device the discounts are not accumulative and only the largest discount applies

Step 4: Policy Excess

The final step in this simple but very effective way of squashing your caravan insurance premium down to the skinny bare minimum is your policy excess. Increasing your policy excess with any of your regular insurance policies (car, house, travel etc.) is a good way of reducing your premium with many providers giving a discount for an increased policy excess. You can get exactly the same generous payback with Insurance for Caravans when you increase your policy excess. By increasing your excess to the maximum you can say goodbye to another £25 or caravan insurance costs, just like that.

Conclusion:

 You don’t always have to pay a fortune for a comprehensive touring caravan insurance policy and as I have shown you here, with a little bit of knowledge and some application you can slash your caravan insurance to a rock-bottom price and save yourself £££’s. Remember… your get what you pay for but with insurance for Caravans you can get a great value for money touring caravan insurance policy with the money only being a little bit of money.