RV insurance

By: Peter Quilty


In the fifth instalment of a six-part series, we unravel the how/where/why and who of insuring your financed caravan or RV.

Jayco -motorhome -snow -travel

Have you just purchased a brand new caravan or recreational vehicle that needs insurance? Do you have an existing caravan insurance due for renewal?

The main thing to remember when shopping around for a policy is that not all policies are the same. If you’re involved in an accident or your caravan and/or the contents are stolen, the type of policy you purchase is far more important than whether or not you save $100 per year on the premium. With that in mind, here are some features and benefits (recommended by OneSure Insurance Services) to look for in a policy:

  • Does it cover for replacement value in the first two years of original registration?
  • Is it an agreed value policy?
  • What automatic contents cover is available?
  • Does the policy cover emergency repairs?
  • Does it provide temporary accommodation following an accident?
  • Does it offer lay-up premium discounts
  • Cover for hail and flood damage
  • Cost to return your caravan to your home
  • Fusion of electric motors
  • Cover for flyovers?

OneSure Insurance Services (owned in Australia by Credit One) is an insurance broking group that can provide you with the right cover at the right price for your caravan or recreational vehicle. Its experienced team of brokers can assist you with any enquiries that you may have relating to the policy.

Children -on -bikes

Credit One has built strong relationships with Australia’s leading financiers and insurers, and compare options from its panel of lenders and provide an overall cost effective finance solution – not just a good looking payment. So why not finance your next caravan or RV purchase with Credit One?

Credit One can also assist arranging caravan insurance via its panel of insurance providers. Caravanning is more than just a type of holiday, it's a way of life for many that allows you to travel across the length and breadth of Australia without losing the comforts of home. Caravans today are a vast improvement from those of the past, now with all the amenities that you will ever need – a home away from home. It's an investment well worth protecting and OneSure provides comprehensive cover for your caravan and its contents.

Here are some of the benefits of OneSure's offering, which can provide cover for your caravan anywhere in Australia against:

  • Storm, hail and flood
  • Accidental and malicious damage
  • Theft and attempted theft
  • Fire and explosion
  • Electrical motor burnout

Servicing -4WD-car

At no extra cost, you are also covered for:

  • A new replacement caravan if it is a total loss within two years of registration of the caravan.
  • Alternative accommodation expenses up to $150 a day if your caravan is not fit to live in following an accident or a loss.
  • Automatic contents cover of up to $1000.
  • Authorised emergency repairs if your caravan cannot be towed after an accident.
  • A 10 per cent discount if you have an AL-KO Electronic Stability Control device fitted to your caravan.
  • Reasonable costs to collect and deliver your caravan back to you following accident repairs, if the repairer is more than 100km from your home.
  • Removal and storage of your caravan after an accident if it cannot be towed.
  • $20 million caravan legal liability and $20 million personal liability. OneSure's underwriters can also insure caravans permanently on-site.
  • Choice of a higher excess to reduce your premium.

AL-KO-Electronic -Stability -Control

Additionally, there's nothing like the freedom of travelling wherever you want, whenever you want and still enjoy all the comforts of home – like sleeping in a comfortable bed every night and enjoying home cooked meals. All the comforts of home, combined with the freedom to jump behind the wheel and head to the next destination. Only your motorhome can give you this type of carefree and mobile life. Many of us only want the best for our home away from home. That's why OneSure offer enthusiasts one of the best covers for motorhomes in the market.

AL-KO-anti -theft -GPS

OneSure's underwriters can provide cover for your motorhome anywhere in Australia against:

  • Storm, hail and flood
  • Accidental and malicious damage
  • Theft and attempted theft
  • Malicious damage, fire and explosion.

The Secure Motorhome Insurance policy now includes the following benefits:

  • Full replacement if the vehicle is a total loss and the incident occurs within two years of its first registration.
  • No basic excess payable for the first windscreen replacement claim in any one period of insurance. Automatic $1000 contents cover (for contents kept in the motorhome).
  • Up to $1000 cover for towing your vehicle to the nearest repairer following a mechanical breakdown.
  • Cover to get you home if your vehicle is stolen or cannot be driven following an accident.
  • Cover for emergency accommodation following an accident, fire or theft.
  • Transport home following emergency medical treatment.
  • $1000 cover for partial loss or damage to your personal contents e.g. bicycles, scooters, motorised wheelchairs.
  • $20 million motorhome legal liability and $20 million personal liability.
  • Choice of a higher excess to reduce your premium.

In the final instalment on caravan finance topics, we’ll cover the following:

Ready to buy: Getting your finance pre-approved before you hit the shows for the best deal!

The full feature appeared in Caravan World #575. Subscribe today for the latest caravan reviews and news every month!