This article was published on 12 August 2025. At the time of publishing, this article was true and accurate, however, over time this may have changed. Some links may no longer work. If you have any concerns about this please contact us.

A touring caravan offers freedom, flexibility, and the chance to enjoy the great outdoors – but like any vehicle, it comes with costs. One of the most important (and often overlooked) is insurance.

While it’s crucial to have cover in place to protect your caravan, there are several ways you can reduce your insurance premium without cutting corners on protection.

What affects caravan insurance costs?

Insurers each have their own methods for calculating premiums, but these are some of the most common factors they take into account:

• Make, model, and age of the caravan – This influences how expensive it may be to repair or replace.
• Security features – Factory-fitted and aftermarket devices like alarms, locks, and trackers all count.
• Storage location – Caravans stored in secure facilities often benefit from lower premiums.
• Your claims history – Previous claims can push your premium up.
• Type of cover – More comprehensive cover usually means a higher price.
• Excess amounts – A higher voluntary excess can help reduce what you pay annually.

1. Upgrade your caravan’s security

The more difficult your caravan is to steal, the less risk it poses to insurers – and the better chance you have of securing a discount. Consider fitting wheel clamps, hitchlocks, immobilisers, and tracking devices, and make sure to list them when applying for insurance.

2. Adjust your voluntary excess

If you’re willing to pay a bit more towards the cost of a claim, many insurers will offer a lower premium. Just make sure the total excess is realistic and affordable in case you need to make a claim.

3. Choose a secure storage option

Where your caravan is kept outside of holiday use matters. Storing it in a gated facility, secure compound, or garage will usually reduce your premium. If it stays on your driveway, consider installing CCTV or motion sensor lighting for added peace of mind.

4. Be accurate with your valuation

Avoid over-insuring your caravan. For market value cover, this should reflect the current resale value. For new or old, it should be based on the latest equivalent model. Overestimating can increase your premium unnecessarily.

5. Go for a lower-value model

If you’re in the market for a new caravan, a less expensive or lighter model will generally be cheaper to insure. These models are usually easier to repair and less of a target for thieves.

6. Protect your no-claims discount

Avoid small claims if the cost of repairs is less than your excess – it may be more economical in the long run to pay out of pocket and keep your no-claims bonus intact.

Don’t sacrifice cover for cost

Cutting your premium is great, but it’s essential that your caravan remains properly protected. Whether it’s for damage, theft, or towing-related issues, make sure your policy suits your needs.

Ready to get started? Get your touring caravan insurance quote today.

Caravan Insurance is provided by Compass Insurance who are a specialist provider of holiday caravan and residential park home insurance, with over 40 year’s experience, so they can help you find the right cover for you.

Compass Insurance is part of the Bspoke Insurance Group Ltd, which also includes Forces Mutual, so you know you’re in safe hands.