Park Home Risks

There are over 2100 sites for Park Homes in England alone, so park home insurance is big business, and something every Park Home owner will want to do to protect their investment. But what are the insurance risks that the big companies take into account, and are you covered for these eventualities? This short guide should help to clear things up a little.

Damage caused by environmental hazards, fire and flooding
This is a fairly standard inclusion across all policies, covering you in the event of damage caused by the elements, fire or flooding, which are risks to all Park Homes. If you are away from your Park Home for long periods and may not be aware of the damage for some time, so make sure the Park Home Insurance Services you choose offer cover for this. Some insurers will protect you against the threat of subsidence and landslips that could potentially destroy your Park Home, though this may not be applicable to or available to everyone.

Contents Cover

Theft from your Park Home, which will inevitably contain precious items and expensive property even during times of your absence, should be considered as a real threat and covered by your insurance policy. You can normally expect new for old replacement of your goods and property, and some of the most modern policies will cover the contents of your fridges and freezers in the event of a power cut, which is something of a bonus.

Accidental Damage

Damage caused accidentally by you, your family or a third party to your Park Home should be included in any good insurance policy. Breakages of windows, furniture, loss of keys and the subsequent replacement of locks should be considered when you buy, and some policies will cover the theft or loss of any property temporarily removed from your Park Home, though there will usually be an excess that you will have to cover.

Legal Expenses

Should you encounter legal disputes arising between yourself and any other parties concerned with the siting of your Park Home or personal disputes, most policies will cover a certain amount of the legal costs should this route be necessary to take.

Temporary Accommodation

Should you be unable to use your Park Home during the process of making an insurance claim, some policies will offer temporary accommodation up to a certain amount to cover any additional accommodation costs you incur during these periods.

Cover Limitations

Checking the small print of your residential Park Homes insurance is essential, as some policies may have significant and unusual exclusions or limitations that you would have to pay for in the event that they occur. This can included water or frost damage that occurs if your home has been unoccupied for more than 30 days, the state of vacancy which most Park Homes are in for a majority of the year. Other exclusions may include storm damage to gates, fences and hedges which may surround your Park Home. Each person will have different insurance requirements, so making sure that your needs are met before you commit to a 12 month policy is very important.

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