Currently we are with CAMC for caravan cover and it si time for renewal. We have not had a claim for several or more years, but cost has increased by £60 taking it close to £600. I appreciate that the replacement cost of a new caravan has increased substantially. Before they do all their deductions the annual premium is over £1900 however they make it look good with hefty discounts for wheel locks, alarms etc.
In addition, our 2018 caravan will be over 5 years on day of renewal as we bought in 2017, but they have offered us Standard cover? Problem is if I accept the standard cover and later I have a claim, there may be a heated discussion when it comes to pay out. We would prefer to stay with CAMC even though their Caravan Cover premium is a lot higher than most other insurers.
I am guessing that the Super cover will probably be unaffordable to us, but will ask anyway. Probably need to go for market value, but the issue here is that they use the Glass's guide which values the caravan a lot lower than current market values by several thousand pounds. I am not sure what they would pay out if I insured it at today's prices instead of using Glass's guide price?
In addition, our 2018 caravan will be over 5 years on day of renewal as we bought in 2017, but they have offered us Standard cover? Problem is if I accept the standard cover and later I have a claim, there may be a heated discussion when it comes to pay out. We would prefer to stay with CAMC even though their Caravan Cover premium is a lot higher than most other insurers.
I am guessing that the Super cover will probably be unaffordable to us, but will ask anyway. Probably need to go for market value, but the issue here is that they use the Glass's guide which values the caravan a lot lower than current market values by several thousand pounds. I am not sure what they would pay out if I insured it at today's prices instead of using Glass's guide price?