INSURING YOUR CAR
How much is caravan insurance and what does it cover?
Exploring Australia by caravan is an iconic way to travel, but understanding how much caravan insurance costs, what it covers, and why it matters for Aussie conditions is essential before you hit the road.
What is caravan insurance?
Caravan insurance is designed to cover your caravan and its contents in the event of an accident or natural disaster. It’s separate to your car insurance, and it covers you whether you’re taking it on the road or keeping it in one place.
How much is caravan insurance?
Caravan insurance premiums vary based on several factors, including:
- the type and value of your caravan,
- whether your caravan is financed,
- any modifications that have been made to the caravan,
- your age and gender,
- any optional covers you’ve chosen, and
- where it’s stored.
Do I need to have caravan insurance?
While it’s not compulsory in most cases, not having caravan insurance may put you at risk of costly repairs or replacement if something goes wrong. Caravan insurance gives peace of mind for anyone exploring Australia or storing their caravan onsite.
What does caravan insurance cover?
GIO Caravan Insurance offers comprehensive protection for caravans, including:
- Damage from collision, impact, hail, flood, storm (including cyclone), fire (including bushfire), theft and malicious damage.
- Emergency repairs, towing and storage costs.*
- New caravan after a total loss for caravans less than 2 years old.
- Up to $20 million legal liability cover.
- Lifetime repair guarantee (to a limit).
- Temporary accommodation if your caravan cannot be lived in.*
- Included contents cover up to $1,000.
- Motor burnout cover.*
We also insure slide-on/slide-off campers under caravan insurance, provided they’re not permanently attached to a vehicle. For more information, visit GIO Caravan Insurance.
For more information on terms, conditions, and limits, please read your Product Disclosure Statement.
Does caravan insurance cover storm and water damage?
Yes – GIO Caravan Insurance covers storm damage and accidental damage, including collision, hail, flood, bushfire, theft, and malicious damage. This means your caravan may be covered from Australia’s unpredictable weather and environmental risks.
Are there extras I can add to my caravan insurance?
Yes, with GIO Caravan Insurance you can choose to include optional covers for an additional premium:
- Annexe cover – extends cover to your annexe when your caravan’s being used as accommodation.
- Increased contents cover – increases the amount your contents are covered for, ensuring valuable personal items are insured.
Is caravan insurance worth it?
Whether you’re touring the outback or have it parked in the one place, caravan insurance can safeguard you against significant out-of-pocket costs following accidents, weather events, and theft. With the right cover, you can relax knowing your caravan and its contents are covered, no matter where your travels take you.
- CTP vs. Comprehensive Car Insurance
- What's the difference between Third Party Property and CTP Insurance?
- Car insurance excess explained
http://www.canstar.com.au/car-insurance/caravan-insurance/
*Emergency repairs - up to $1,000
Temporary accommodation - up to $150 per day (Number of days dependent on your circumstances)
Motor Burnout - up to $1,000
Insurance issued by AAI Limited ABN 48 005 297 807 trading as GIO. Consider the Product Disclosure Statement before buying this insurance. The Target Market Determination is also available.
This advice has been prepared without taking into account your particular objectives, financial situations or needs, so you should consider whether it is appropriate for you before acting on it.
The information is intended to be of general nature only. Subject to any rights you may have under any law, we do not accept any legal responsibility for any loss or damage, including loss of business or profits or any other indirect loss, incurred as a result of reliance upon the information. Please make your own enquiries.
