10 Tips For Insuring Your Park Home
When buying park home insurance, it is important to make sure that it fits your circumstances, so here are 10 tips for insuring your park home. Considering these points will help you get your park home insurance right.
- Look for value for money
When you are looking to insure your park home, it is best to concentrate on value for money rather than simply the cheapest insurance. This is true for both contents and building insurance, where service and the ability to tailor to your circumstances are key.
- Shop around for your park home insurance
Look for an insurer with a proven track record in providing cover specifically for park homes. Park home owners have particular needs, which differ from bricks and mortar home owners. Experience and expertise count for a lot and can really help to make sure that nothing is missed out and the cover you get is exactly right.
- Check who underwrites your park home insurance
When considering a particular company for your cover, look to see that their policies are underwritten by an established and reputable insurance provider. We live in a changeable world and a large, reliable company behind your cover can provide that extra assurance and peace of mind.
Is it easy to get cover and to make a claim if you need to with the insurance company of your choice? If the process is online, is it a clear and simple one which accommodates your specific circumstances. Is there a way you can contact your insurer with questions should you have them? Are they quick to respond, professional and friendly? If you follow these tips and do have to make a claim, a friendly and reliable service can make an often stressful time much easier to deal with.
- Be honest
In order that your insurer can provide you with the right cover, you need to be clear about what your own circumstances really are. The age of your park home, its state of repair and any work that has or will be done all need to be given an honest appraisal. This will help avoid any difficulties or unpleasant surprises should you need to make a claim.
Be clear about the use you are putting your park home to. Is it just for you and your loved ones or are you planning to let it? Your answers to these questions will affect the type of cover that is best for you.
- Keep Records
It is also important to keep records of any changes or work that is carried out on your park home. Keep written records, including financial information and receipts when work is carried out by you or by outside contractors such as electricians, gas or maintenance companies. In addition, take photographs when work has been completed or specific items that you want to include in your contents insurance.
- Do you need to add extras or is what you need to cover included as standard?
Some policies will cover outbuildings such as sheds or garages as standard, others will provide optional extras for such things. Is your cover a new for old policy? Is that affected by, for instance, the age of your park home? If new for old is included, does it include site clearance, re-siting and alternative accommodation in the event of a total loss of your park home? Don’t forget the small things like the contents of your fridge or freezer, which may be lost in the event of a power outage for example. It is elements like this that can make your life easier when it comes to making a claim.
- Is your park home contents cover enough?
Does the amount covered as standard actually reach what you would need if you were to lose everything due to theft or another event? Do you have the option to insure specific high value items and are some portable items like phones and jewellery that you are wearing covered when you take them offsite? Is there a sufficient amount covered in the event that you lose cash from your park home? Is there an allowance that is larger if you use a safe? Answers to these questions should reassure you that you have the right cover for you.
- Are you covered for your tenants?
If you are letting your park home out, does your insurance cover include accidental and malicious damage caused by your tenants. This latter is not something that is very pleasant to think about and much less pleasant to experience. To know you are covered is very important so you can relax and enjoy sharing the joys of your park home with others.
- Be aware of your obligations
Even though it is not a legal requirement, most residential parks will require you to be insured. They will also usually require a certain standard of upkeep and maintenance is carried out regularly on your park home. Additionally, your insurer will require certain things to be done so that any claim you make can go through smoothly.
Keep a maintenance and care schedule for your home and check this with your insurer to make sure you will not run into any problems in the event of a claim. Having your maintenance timetabled and planned so that you can check off each job as it is completed at regular times, will really help make the process an easy and stress-free one.
We hope that you have found these tips for insuring your park home helpful. If in doubt, ask. Please contact us if you have any questions and our professional and experienced advisers will be more than happy to help. You can contact us on 01604 946 796.
This is a marketing article from Park Home Assist, award-winning insurance providers specialising in insurance for park homes and leisure homes. For more tips and information about insuring your park home, contact our friendly team in our Northampton office on 01604 946 796.