Motorhome Insurance – Guide for Owners
As a motorhome owner, finding the right motorhome insurance is no doubt a priority. Law requires that you have insurance, but you have a variety of different options available when choosing the cover for your motorhome.
The right insurance can offer protection from various factors, but it is important that you choose the right level of cover and the right type of cover.
The type of cover you decide on will probably depend on where you motorhome is driven, how often it’s used, and the use of your motorhome. Many things need to be considered as you are trying to find a quality policy for a reasonable deal.
If you’re not sure where to begin when purchasing insurance for your motorhome, here are several things that you need to keep in mind.
Do You Rent Your Motorhome Out?
First, you need to realize that if you are using your motorhome for your business, then you must go with commercial cover if you rent it out to the public. Keep in mind that you will pay a bit more for the commercial cover than you would for personal cover.
Some business owners have decided to try to go with personal cover to save money, but they have found out that this is a disastrous option. If you only have a personal cover on the van and you have to make a claim, that claim will no doubt be denied because you were using the motorhome for business purposes.
If you need business cover, don’t make the mistake of choosing the wrong cover. Make sure that you get the commercial cover you need to keep your motorhome and your business protected.
Personal Use – Third Party is the Legal Minimum
If you want personal motorhome insurance, you will find that third party cover is the legal minimum and that it is usually going to be the cheapest option. However, this doesn’t mean that third party cover is the right option as your motorhome maybe expensive and probably is.
With this type of cover, property damage, and injury to other parties will be covered. However, your motorhome will not be protected by this type of cover. For older motorhomes that are not worth a lot of money, this type of cover may be okay.
However, if you have a new motorhome, it may not be the best option. You also have the option of increasing this cover just a bit by going with a third party, fire, and theft cover.
This not only gives you the same cover that comes with third party only cover, but it also will cover you if a fire occurs or if your motorhome becomes a victim of theft.
Comprehensive Offers the Best Protection
Although you want to find cheap motorhome insurance, it is important to ensure that you have the best protection, especially if you have a newer motorhome to protect. The best protection is offered by going with comprehensive cover, although it usually is a bit more expensive than the other options.
For motorhomes that are used on often, this is definitely the best cover option. If you have items that are tough to replace, expensive modifications or a brand new motorhome, you definitely want to choose the comprehensive cover. This cover will ensure that you are covered no matter what happens to your lovely second home.
Finding cheap cover for your motorhome is important, but it’s even more important to ensure that you are adequately ensured. Don’t make the mistake of underinsuring your this expensive vehicle.
Being underinsured can put your motorhome at risk. Ensure you get the level of cover you need and then compare quotes to find cheap motorhome insurance that fits your budget as well as your needs.