Insuring your home-away-from-home: Laid-up coverage!
By now you have probably heard all about our market leading coverage for your fourby. With tailored benefits such as off-road recovery, Australia-wide coverage, accessories cover and more – but what about insuring your home-away-from-home? Here’s a fun fact …
By now you have probably heard all about our market leading coverage for your fourby. With tailored benefits such as off-road recovery, Australia-wide coverage, accessories cover and more – but what about insuring your home-away-from-home?
Here’s a fun fact – our research has indicated that 60% of 4X4 owners tow a trailer (at least occasionally) and a whopping 90% of caravan/camper trailer owners tow with a 4X4!
Caravan/camper trailer insurance has been a source of frustration for so many of us over the years, as insurers have seemingly made a concerted effort to ensure that you cannot find everything you need in one place. This difficulty is compounded even further once you start talking to them about going off-road, adding touring accessories and so on. We know that you can relate to this, so please read on.
This week we will be talking about how we applied a whole lot of COMMON SENSE when developing our Caravan and Camper Trailer product.
What do we mean by this?
Well, as we all know, the vast majority of caravans and camper trailers out there lie dormant for some of the year either in storage: out the front with a cover on or locked up in the shed. This reduces the likelihood of it being involved in a claimable event, as the general premise of your policy is to protect you trailer from damage whilst it is in use. So what did we do? We give you the option to restrict coverage of your policy when you are not using the camper and save some coin as a result – the money is better off in your pocket than ours!
How does it work?
During quote or renewal stage, you will be asked if you would like to select laid-up coverage for certain seasons of the year where you will not be using your camper (Summer, Winter, Autumn and/or Spring). You can select either 1 or 2 consecutive seasons of the year where your camper will be stored at the nominated address on the policy. During these selected seasons, you will not be covered for any use of the camper and your policy is restricted to the following events: Theft, fire, malicious damage/vandalism and natural weather events including but not limited to wind, storm, hail, flood, earthquake and so on. Check out the PDS for more detail but that’s it in a nutshell!
But what if my circumstances change?
We are real people too – we know things change. If there is a reason that you need to tow the camper, such as moving house or getting it serviced, you can call us and tell us the direct route you will be taking to get to the destination. We will note this on your policy so that you are covered during this once off move. Alternatively, if you get half way through your nominated “laid up” period and decide to take a trip, you also have the option to remove the laid-up cover and pay back the difference of what you were saving.
So there you have it – if you don’t use it all year, why should you pay the same premium? Give us a call, or get a quote online for your fourby, caravan, camper trailer or slide-on camper.