Touring Caravan Insurance – Direct Policy Documents

If you insure your touring caravan with Compass on a new for old basis, your park home will be replaced* with the most recent, brand-new model (or an equivalent) following a total loss.

Similarly, if you were to make a claim for an irreparably broken window, you could expect a brand-new replacement window.

*It is important to note that this is Sums Insured dependent. Click here for more details on how to accurately calculate your Sums Insured.

Your “Sums Insured” is the total amount of money you’re insured for. On a Compass policy:

• Your Structures Sums Insured is the total amount that your touring caravan (and associated equipment) is covered for.
• Your Contents Sums Insured is the total amount that the contents you have in your caravan are insured for.

Together these form your Total Sums Insured.

Yes we provide cover for touring caravans that are used in this way, the great news is that our public liability limit is £5m which is what most parks require for you to keep your caravan on site.

Yes, our policy provides cover for you, your family or friends that are using your caravan with your permission.

The cover is subject to them complying with the terms and conditions of the policy, for example possessing the necessary license to tow the caravan on a public highway.

Unfortunately not, we only provide cover for people using their touring caravan for leisure and recreational purposes.

If you opt for market value cover for your touring caravan and subsequently have to make a claim for damage or loss, the “market value” principle will be applied.

For example, following a total loss, you would receive a payment for the market value of your caravan immediately prior to the loss (which may not equate to the Sums Insured amount stated on your policy schedule).

Similarly, if you were to make a claim for an irreparably broken window, you would receive a claims payment for the market value of the window (i.e., the payment would be unlikely to cover the cost of a brand-new equivalent).

As an alternative to market value cover, Compass offers New for Old cover. Please click here for more information.

No. Your contents will not be insured under your Compass policy unless you specifically request cover for them.

Compass provides policies on a “non-advised” basis, which means we are not allowed to tell you how much your unit should be insured for. However, there are lots of ways to work out how much to insure for. For example, you can look at similar touring caravans for sale from the dealer you bought yours from, or you can look online at how much the make and model of your touring caravan is being sold for to assess its current value.

Not as standard, but you can add European cover to your policy for an additional premium either at the quote stage, at renewal, or at any point during your policy period by contacting us.

Yes, our pricing takes into account things like club membership as well as using an accredited storage location.