caravan value

Nov 2, 2005
1,481
1
19,185
Hi All

Can anyone tell how I can find out the value of my van for insurance renewal.

Many thanks
 
Mar 14, 2005
3,027
40
20,685
If your van is fairly young - say up to 3 years then many insurers will offer you "new for old" in which case the value will be that of the current version of your van. The insurers will have this information

If not, then either read the adverts. of use the Caravan Club facility where you can get a "Glasses" type valuation for a small fee.

It's worth keeping an eye on the value over the years, as once you are out of the "new for old" band the insured value probably need to be reduced each year. you also need to check the declaed value of any extras e.g. awning or mover as these probably need to be written down about 20% / year - i.e. down to nothing at 5 years. If you overpay, the insurers won't pay out much more than this anyway.

I'm sure there are more expert readers than I - hope this will prompt them to chip in too.
 

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