How does caravan insurance work?

Caravan insurance varies but a high level of caravan insurance at a moderate price will protect your caravan against accidental damage, fire, theft, storm and flood. It could also protect your caravan against at-fault damage.

Whether you’ve chosen new for old or market value, if your caravan is stolen, involved in a road traffic collision or it is damaged in a hailstorm, your caravan insurance would provide cover for your losses, after your excess and up to the limits on your policy.

New for old cover would mean that in the event of a total loss you would receive a brand new caravan of the same make or model (or nearest equivalent), whereas a market value policy would pay you the current value of your caravan.