Caravan insurance can often seem hard to come by, and if people don’t know what they’re looking for they could well end up paying well over the odds. However, there are things you can do to get a cheaper caravan quote, and one of the easiest things to do would be to raise your excess.

Yes, raising your excess will have a huge effect on your caravan quote and you’ll soon notice the savings. Insurance companies are able to lower premiums in this way because they won’t have to pay out so much in the event of a claim, and because they’ll be saving money they can pass that saving on to you.

This option is often ideal for people wanting a cheaper caravan quote, and as long as they’re safe drivers and can afford to pay that extra excess then there’s nothing to worry about. The potential savings are bound to make anyone think twice about the level of excess in their policy, and it could prove beneficial to raise it slightly.

However, it’s important to strike the right balance. There’s no point raising your excess so high that you won’t be able to pay it in the event of a claim, as this will have the opposite effect to what’s desired. While it may work out cheaper now you’ll have to pay out much more in the long run, and this will usually put an even bigger strain on finances than simply paying a bit more in the first place.

So, to get a cheaper caravan quote raising your excess could be a great technique to try, but remember to be realistic. You don’t want to become unstuck later down the line, so make sure you’ve got the right combination of an affordable caravan quote along with an affordable excess and you can look forward to your caravan holiday in complete confidence.

There are many ways that you are able to make savings on your caravan quote. One of these is by looking at the amount of excess that the insurance company asks for. All insurance companies will state a minimum amount of excess that you will have to pay.

The excess is a lump sum of money that you would need to pay towards any claim you put in before the insurance company will step in and cover the rest. For example, if you should be the victim of theft and you had belongings worth £600 stolen from your caravan and you were paying an excess of £200 then you would have to pay the first £200 and the insurance company would take over the rest of the claim which would be £400.

You can someties help to keep down the cost of your insurance by offering to pay a higher amount of excess than what the company asks for. If they ask that you pay out an excess of £200 you could offer to pay £300 and this may then go towards your insurance premiums being cheaper.

However while paying more in excess can help to keep down the cost of your caravan quote you would need to bear in mind that the amount you chose to pay as excess would come out of your own pocket and in a lump sum in the event of a claim. You should also take into account that should you become unlucky enough to have to make more than one single insurance claim in the same year then you would probably lose out on any savings you make on the insurance premium. You may also wish to check if the provider asks you to pay out extra in excess for windows and windscreens as some but not all ome providers will add in additional excess for these along with the normal excess for a claim.