Do I need extra insurance to tow a caravan?
Typically caravan insurance covers the cost to tow your caravan from the scene of an incident to a safe place, a repairer or into storage, as standard. Certain insurers may also cover further towing costs if necessary.
An insurer is likely to stipulate that the cost is ‘reasonable’ and may also only pay out if the caravan is taken to the nearest safe place or repairer. Any additional towing costs that are not covered by the policy will have to be paid by you.
Which caravan insurance is the best?
The type of cover you pick should be based on your personal requirements. The best policy for one person may not be suitable for another. For example, certain caravan owners may also need to cover an annexe while others may not. Some may also need vet expenses cover for a pet, while others may not have a pet and wouldn’t require this benefit.
What is comprehensive caravan insurance?
Comprehensive insurance is the highest level of cover for your caravan, often including cover for accidents, fires, severe weather events, theft and injury to someone else or damage to another person’s property.
Alternatively, an insurer may also provide third party fire & theft insurance for cover against fire and theft, plus damage to other people’s property and third party property only, covering you if your trailer or caravan causes damage to someone else’s vehicle or property.
What is an underwriter?
Underwriters assess and calculate the risk of offering policyholders cover for insurers. Out of our 10 best picks for caravan insurance, five policies are underwritten by the company AAI. These are: CIL Caravan Insurance, AAMI Caravan Australia Wide, APIA Comprehensive Caravan Cover, Suncorp Caravan Cover Australia Wide and GIO Australia Wide.
KT insurance is underwritten by The Hollard Insurance Company Pty Ltd, Jayco Caravan Insurance by Zurich Australian Insurance Limited, RAA Comprehensive Caravan by RAA Insurance Limited, Youi Comprehensive Caravan and trailer by Youi Pty Ltd and NRMA Touring Caravan by Insurance Australia Group (IAG).