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Quite a few owners of campervans and motorhomes will probably be a little concerned to read that, according to the ABI Motor Insurance Premium Tracker, in the last quarter of 2019 the average premium paid for fully comprehensive motor insurance went up by £15 per annum to £484 per annum when compared with the previous quarter. This equates to a rise of 3%. In 2019, the average premium for this type of cover was £471 per annum.
Of course, not only do owners of campervans and motorhomes have to insure their recreational vehicle but most will also own a car that he or she uses on a daily basis that will need to be insured. Therefore, any increase in motor insurance premiums is likely to not only impact upon how much is being paid for their car insurance but also their campervan insurance.
So, what can you do to try to mitigate any rise in the cost of campervan or motorhome cover? Well, you really should shop around to see if you can get a competitively priced policy. If your existing campervan cover is shortly due for renewal, when you receive your renewal notice, don’t just leave the policy to automatically renew. Instead, why not obtain competitive quotes from other providers. This can be done in a variety of ways such as using your local high street insurance broker or using the Internet where there are a number of specialist price comparison websites.
Using a price comparison website is usually simple and quick. You should be able to compare the levels of cover and optional extras available as well as the premium being quoted. It would also be useful if you were able to speak to someone about your requirements.
So, if you are looing for competitively priced campervan or motorhome insurance, why not get in touch with us and we will be pleased to do all that we can to help you arrange suitable, quality cover for an affordable premium with a reputable insurer. We look forward to being of assistance.