Almost everything seems to be getting more expensive these days. Whether it is your mortgage repayments, council tax, gas bill or food it is quite likely that you are having to dig further into your pocket to pay the bills. So, you could do without having to pay more to insure your campervan but that is what is likely to happen if the Confused.com Car Insurance Price Index is anything to go by.
The above index is produced on a quarterly basis and the last one that was published this month covers the first quarter of 2023. Regrettably, it reveals that the average amount paid for car insurance has risen to £657 per annum – up by £107 per annum in the space of a year. We are sure that you will concur, that is a very big rise and one that motorists could do without.
Of course, that index relates to car insurance but it would surely not be unreasonable to expect to see that the cost of campervan cover has also increased over the last 12 months.
In fact, average car insurance premiums are at their highest level for 12 years – a concerning statistic.
If you own a campervan it is more than likely that you will also have to insure a car as well so you are being “hit” by rising premiums on two fronts.
So, what can you do about it? Well, you cannot control the premiums insurance companies charge for campervan insurance. However, there is nothing to stop you from shopping around to see if you can find a great deal. If you are looking for cover for the first time then make sure that you see what different insurers are charging. If your exiting cover is coming up for renewal compare the renewal premium with what other insurers will charge you.
We provide access to an extensive panel of campervan insurance companies so why not contact us today with a view to obtaining a quotation.