We’ve noticed that caravan owners are holding onto their caravans for longer and have consequently extended our ‘new for old’ cover limit for caravans up to 15 years.
In the last year we noticed that our customers weren’t changing their caravans as often. In fact changes of caravan were down 47% on the previous 12 months, no doubt a sign of the recession but also a sign of ever improving build quality of caravans. We were also finding many customers were disappointed to lose the optional benefit of new for old cover when their caravans reached 5 years of age, hence we’ve increased the limit to 15 years.
‘New for old’ cover replaces your old caravan with a brand new one if for example your caravan is stolen and not recovered, or is damaged ‘beyond economic repair’. Having your 14 year old cherished caravan stolen would be awful, but what better way to overcome your caravan blues than getting an insurance payout that lets you go out there a buy a brand new shiny caravan!
Unlike some rival policies we also don’t require a caravanner to join us before the van reaches a certain age or to have owned the caravan from new to take advantage of the new extended “new for old” cover. Usual underwriting terms do apply and owners must insure against the value of a brand new replacement.
The option of 15 years “new for old” cover is just one of Caravan Guard’s fantastic benefits. We also automatically include European cover, emergency accommodation expenses of up to £50 a day, £2,000,000 public liability and £15,000 fatal accident benefit – which is all backed up by our award winning customer service team and 24 hour claims helpline.
Find out more about our expanded caravan insurance cover or get a quote online.