Our Pick of the Best Caravan Insurance For Australians

This policy is a rare one in that it offers a ‘lay-up’ discount on the premium if you don’t intend to use your caravan during certain months. It also is one of few that insures at market value or agreed value. You can also take advantage of $5,000 in cover for any loss or damage to the caravan’s contents—considerably higher than the usual amount of $1,000 provided by most insurers.

Cover extends to accidental damage, including when caused by fire, flood, hail, malicious damage, storm and theft or attempted theft, and motor burnout in appliances. Up to $1,000 is provided for emergency repairs, and the same amount for spoilt food caused by damage to the vehicle. The policy also offers up to $1,000 for vet expenses if your pet is injured or falls sick while travelling in your caravan more than 100km from home, which is double the average amount offered by most insurers. For annexes, there’s up to $3,000 in cover.

While this policy does not cover costs for transportation in the event you are left stranded after an accident, it does cover up to $5,000 in ‘reasonable’ towing costs for your caravan, if you’re more than 100km from home. It also will cover costs for accommodation, at a rate of $200 a day up to a total $2,000 within the insurance term, if you are at least 100km from home. If the caravan is your home, the total limit rises to $2,400. In cases where your caravan is deemed a total loss following an accident, this policy will pay out to cover a new replacement. This insurer also offers on-site cover as an alternative to Australia-wide insurance. However, it’s important to note that its customer service team is not available outside of business hours, it provides no live chat facility and does not accept claims online, which may inconvenience some.

CIL Caravan Insurance offers one policy type, which provides comprehensive cover for caravans and annexes ‘australia-wide’ rather than ‘on-site only’ which limits cover to where your caravan is located when purchasing insurance.

It pays out in the event of attempted and actual theft, accidental damage, and motor burnout in appliances. It includes $1,000 for emergency repairs and $500 in after-claim expenses for spoilt food caused by damage to the vehicle. There’s also a total $1,000 for stolen or damaged contents as standard, which can be increased, but note the sub-limits applied to specific types of item, as stated in the PDS. If your caravan is totally written off within two years of owning it, the policy can cover a new replacement, in the case you are the first registered owner, or you purchased an ex-demonstration model.

This policy doesn’t extend to transportation costs to get you home if your vehicle is unsafe to drive after an incident, but covers the towing of your caravan from the scene of the incident, and allows you to use a repairer of your choice to fix it. It also covers emergency accomodation costs of up to $150 daily for a total of three days if your caravan is not your main residence and you’re 100km from your home, or 14 days if you’re further away. For those whose caravans are their usual residence, it pays out at the same rate, but for up to 30 days. In the event your pet has been injured from an incident which occured 100km from your home, it will cover vet costs up to $500.

This policy covers accidental damage, caused in a variety of ways, including by hail, storm, cyclone, flood or fire. It also covers theft, attempted theft, malicious damage, vandalism, collision and impact to your caravan. Cover for loss and damage automatically extends to annexes when they are locked away, while additional annexe cover, for when it is in use, is available at an extra cost.

You can claim up to $1,000 for damaged or lost items as standard on this policy, and equally as much for motor burnout, should an appliance, no older than 15 years need repairing or replacing. You will also have $500 in protection for spoilt food caused by damage to the caravan, and an equal sum for vet expenses, if your animal is hit by a vehicle. In the most serious cases, where your caravan is a total loss, the policy will cover a new replacement, but only where you are its first registered owner, you bought it as an ‘ex-demonstration’ model, or whoever financed the vehicle provides written consent for you to replace it.

You can also claim the cost for the towing of your caravan to a repairer or a safe place after an incident, and for alternative accommodation arrangements. For owners who do not use their caravan as their usual home, the policy pays out $150 daily up to three days for emergency accomodation, if you’re less than 100km from home, and the same rate up to 14 days, if you’re further away. Those who live in their caravan can take advantage of the same rate for a maximum of 30 days. In all cases where you’re caravan needs repairing and you’re left stranded, you’ll have to cover the cost of transport to get you where you need to be. AAMI Caravan also provides ‘on-site only’ cover as an alternative to ‘Australia-wide’ cover, which is only valid when the caravan is at the location you provide when purchasing cover.

APIA Comprehensive Caravan Cover protects against theft and accidental damage, including when caused by hail, fire, a storm, cyclone or collision. It can also pay out for a new caravan replacement in the event of total loss, subject to terms and conditions.

As common with caravan insurance, loss and damage cover extends to an annexe only when it’s locked away. However, there is the option to pay extra to cover the annexe when it’s in use. The policy also includes $1,000 in contents cover as standard, with the option to pay an extra premium to increase this cover level if needed. Another $1,000 in cover is provided for motor burnout, while up to $500 is claimable for food spoilt due to vehicle damage, and an equal amount for vet expenses if your pet is hit by a vehicle.

You can choose who repairs your caravan, and the policy will cover the cost to tow your caravan to them, or to storage, from the scene of the incident. For emergency repairs there’s a total $1,000 on this policy, while it covers temporary accomodation costs at a rate of $150 a day for three days, if an incident occurs less than 100km from home. It pays out the same amount, but for up to 14 days if you’re further away, and up to a maximum of 30 days if the caravan is your usual home. APIA also offers on-site only cover as an alternative to Australia-wide insurance.

There’s up to $1,000 available on this policy for emergency repairs, and an equal amount for damaged or stolen content. Cover extends to accidental damage including when caused by hail, storm or cyclone, fire, theft or collision.

Cover for an annexe is also included as standard, on the proviso that it is locked away, while additional annexe cover is available to bolt onto the policy. You can also claim up to $1,000 for motor burnout in appliances up to 15-years-old, a maximum $500 for spoilt food as a result of damage to the caravan, and the same amount in vet expenses in the event your pet is hit by a vehicle. If the caravan is deemed a total loss, this policy can cover the cost of a new one, subject to requirements as specified in the PDS.

Although the policy does not cover transportation costs if you’re left stranded while your caravan is repaired, it will cover towing costs if it is no longer roadworthy or needs to be held in storage. It also covers accomodation costs, at a rate of $150 a day for three days if you are involved in an accident less than 100km from your home. If you’re further away, it will cover accomodation for up to 14 days, while those who use their caravan as their usual residence can receive this cover for a maximum 30 days. An extra $300 will cover the costs to accomodate a pet during this time.

Those travelling with plenty of items may want to consider this policy which offers $2,000 in contents cover. This is double the average limit of $1,000 from most insurers, though, as typical of this form of cover, sub-limits for various types of item apply, such as a $1,000 cap on each piece of jewellery.

The policy also includes motor burnout cover, up to $1,000 for emergency repairs, and up to $500 for spoilt food as a result of damage to the caravan. It covers loss or damage of an annexe, and the cost of a new caravan at agreed value if yours is written off after an accident, subject to terms and conditions. However, unlike certain other policies, it does not extend to vet expenses, should a vehicle hit your pet and injure it.

It covers accidental loss or damage including from impact or collision, theft or attempted theft, fire, storm, hail, flood and malicious damage. It is also one of few policies that covers the cost of transportation to take you and your family from the scene of an incident if you’re stranded. It will also cover the ‘reasonable cost’ of towing the vehicle, but only to the ‘nearest’ repairer, or a safe place. While you’ll have the right to choose a repairer, the insurer may request an alternative quote from their own.

In addition to accidental damage, theft and attempted theft, this policy includes up to $2,000 in content cover, although there are exclusions to the items covered, including cash, jewellery and computers.

The policy also includes cover for motor burnout in an air conditioning unit or refrigerator, and loss or damage to an annexe. In the event you’re more than 100km from home, and your caravan is no longer usable following an incident, the policy will cover emergency transportation and accomodation costs up to a maximum limit of $750. It will also cover the cost to tow your vehicle to the nearest repairer, or an approved place, and storage fees if it cannot be repaired immediately. If the caravan is deemed a total loss it will cover the cost of a new one, subject to typical requirements, such as it being no older than two years old.

This policy does not cover vet expenses for injury caused to your pet while on the road. Neither does it cover spoilt food as a result of damage done to your caravan. While it doesn’t state that it offers a lay-up discount, it calculates premiums based on how often you use your caravan.

This policy covers theft, attempted theft and accidental damage caused to your vehicle, including as a result of hail, a storm or cyclone, fire and collision.

It will pay out up to $1,000 in contents cover, and the same amount to cover emergency repair if your caravan needs immediate work after an incident, in order for it to be towed. It can also cover the cost of getting the caravan towed to a repairer, or a safe storage place; up to $500 for spoilt food caused by damage to your caravan; and the same amount for vet expenses if your pet is hit by a vehicle. You can claim for the cost of replacing your caravan if it is deemed a total loss, subject to the insurer’s requirements.

In the event your caravan is unusable following an incident, it is not your usual home and you are stranded up to 100km from home, you can claim $150 per day up to to three days. The daily limit extends to 14 days if you’re further away from home, and a maximum 30 days if the caravan is your usual residence. Up to $300 is also provided to cover accomodating a pet that lives with you. However, the policy does not cover the cost of transportation away from the scene of an incident. While annexe cover is provided as standard on the policy, it only applies if the annexe is locked away. Additional cover is available at an extra cost for when it’s in use. GIO also offers on-site only caravan cover, and policies for trailers and horse floats.

Unlike most of the insurers listed, Youi has clocked up a fair number of customer reviews online, rating 4.4 stars from 73 for its single caravan policy. As well as caravans, it covers the loss or damage of an annexe, with the option to pay extra for insurance for the contents inside.

It also covers accidental damage as a result of a malicious act, theft, fire, storm, hail or earthquake, and pays out up to $1,000 to cover the caravan’s contents. There’s $150 for perishable items, and a generous $5,000 per claim for vet expenses, should your pet suffer injury due to an incident insured by the policy. Cover includes up to $1,000 to share on repairs, your transportation from the scene of an incident and temporary accommodation. The policy also covers the cost of towing and storing the caravan in the nearest safest place directly after an incident.

Unlike many other policies, cover for motor burnout in appliances is not covered as standard, but can be bolted on to this policy at an extra cost. You also won’t have a choice of who repairs any damage done to the caravan, as this will be the insurer’s decision. However, caravan owners may appreciate that Youi also offers third party property and theft cover and third party property only as mid-level and basic cover respectively, for those who do not need all the benefits of the comprehensive caravan policy.

A lay-up discount is offered as an optional extra on this policy, allowing owners to pay a reduced premium during months when they are not using their caravan.

As the only caravan policy offered by NRMA, it also covers an annexe. Owners will be able to claim for accidental damage to the caravan or annexe, including when caused by theft, attempted theft, fire, a storm or a flood, and up to $1,000 for items inside that have been damaged. However, motor burnout cover for appliances is only available as an optional add-on.

There’s $800 for emergency repairs to enable the caravan to be towed, secured or used after an incident, and up to $500 to cover food and prescription medicine stored in a fridge or freezer. A total $1,000 covers emergency transport and accomodation for you, your companions and pets following an incident, if it occurred more than 100km from your home. The policy also covers the towing of your caravan to a safe place and to the repairer. In the event the caravan is a total loss and less than two-years-old, the policy can cover a new caravan replacement. Note that if your caravan only needs work done, you will not be able to choose the repairer, and instead NRMA will nominate one.