Leisure vehicle insurance. Storage or your drive
In over 40 years of using leisure vehicle insurance both caravan and motorhome I'm trying to establish whether it's cheaper to insure your vehicle if it's kept in Cassoa storage or on your own property. In my own experience you always get a discount applied to your premium if it's kept In secure storage. Apparently it's now evident that this may not be the case.
Anybody else find it cheaper keeping your pride and joy on your drive ? TIA
Tj
Comments
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It'll depend where you live. Insurers look at the risk in your area.
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I would certainly pay more to store it at home for convenience if I could. What's best for you?
btw I'm a big fan of Fireball XL5
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I've just been getting quotes this morning and believe home storage must have a discount element. I have a Liverpool postcode and two security devices. On a 90 day European cover base with £250 x/s etc I'm still getting quotes of £269 and £273 on £27K new for old. This is with well known agents, Lifesure and Ripe [Aviva]
Colin
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I suppose its not something many would consider because usually storing an LV is an either or situation. If you have the space to keep it at home you probable wouldn't think about storage? As Burgandy suggests even if it were cheaper if in storage the savings in storage costs would surely outweigh any extra premium?
David
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So true AD. We are currently relocating again, from Merseyside to Devon and the top priorities are a 6x6m garage and space for the caravan.
Colin
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Welcome South West Colin. and good wishes for your relocation.
We made the move 40 years ago , bought a decrepit old farmhouse with collapsing stone barns - put up poles and a tin roof for one of them and the caravan went in under. Then we decided we ought to have a kitchen in the house, and sewage into a tank instead of just pooling under the big oak tree.
A lot of work when we were younger but we never paid the sort of undercover caravan storage fees others have mentioned .
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40 years - you’ll be accepted soon, Euro.😀
I was born and bred within 30 miles of my current home so pretty familiar with Devon and Cornwall. Sing out if you need any info, EM.
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Thanks. Late 2017 I retired early and we moved from 35 years in Essex to Merseyside where I still have family. I now fed up with my dysfunctional family and as our eldest son has relocated in Devon after some time in New Zealand it is time to make another expensive relocation.
On Merseyside we took on an 80m2 extension and once the structural stuff was over I did a full refurb including reconfiguration and refi, decoration and landscaping over 18 very long months. This included making all joinery from scratch out of sawn timber, only buying in oak doors and skirtings. I'm not up for such a big job this time as I want some holidays, so we are looking closely for something that is more complete. A 10 mile radius of Winkleigh, about midway between Barnstable and Exeter is our search area as our son has recently settled on a farm there.
2022 could be great year, but then again 2020 could have been, we never know.
Colin
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Good luck with your search 👍🏻
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Our insurer would not insure the caravan for both home and storage locations and we used to keep it 6 months at home, 6 months at a farmers field. The storage location was not particularly secure but met the insurers minimum requirements for gated access and was cheaper so we used to get a partial refund. This was simply based on postcodes of the two locations.
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