Insurance premium increase

Jogon
Jogon Forum Participant Posts: 44
edited December 2019 in Club Products & Services #1

Never ceases to amaze me that year in year out the insurance for the Caravan increases (held with the club)

Increase about 4%.  and yet the van is a year older, a years extra no claim ...... but still an increase.

Van is a 10yr old Charisma ......

Comments

  • Unknown
    Unknown Forum Participant
    edited December 2019 #2
    The user and all related content has been Deleted User
  • EasyT
    EasyT Forum Participant Posts: 16,194
    1000 Comments
    edited December 2019 #3

    Presumably you have dropped the value of your caravan on the cover premium as I am not sure that is automatic. When I used CMC I had to increase the value to the new model every year (new for old cover) as that was not done by the insurer. I think that no-claims only builds to 4 years.

  • Rocky 2 buckets
    Rocky 2 buckets Forum Participant Posts: 7,101
    5,000 Likes 1000 Comments
    edited December 2019 #4

    Yes its a conundrum for sure, house & car insurance, broadband, water,   Local authority demands, road tax. . .It seems never ending. Yet here we all are continuing to survive without the world ending🤷🏻‍♂️. It’s a wonderful thing the Human spirit. Happy Christmas😊

  • Unknown
    Unknown Forum Participant
    edited December 2019 #5
    The user and all related content has been Deleted User
  • EasyT
    EasyT Forum Participant Posts: 16,194
    1000 Comments
    edited December 2019 #6

    With caravans it is a little different. The only time that 3rd party claims are likely is when unhitched on site or in store. I doubt that there are many such claims therefore. 

  • JVB66
    JVB66 Forum Participant Posts: 22,892
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    edited December 2019 #7

    Are your premiums based on ""new for old" 

  • EasyT
    EasyT Forum Participant Posts: 16,194
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    edited December 2019 #8

    I think that is only available up to 10 years old?(or is it up to 15?)

  • JVB66
    JVB66 Forum Participant Posts: 22,892
    1000 Comments
    edited December 2019 #9

     15yrs

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