For many, a motorhome acts as a home away from home, allowing them to regularly escape their daily lives and offer them the freedom to explore without sacrificing the comforts of home. But it’s crucial to ensure you’re securing the right insurance for your motorhome. In the UK, motorhome insurance is not only a legal requirement but also a smart investment in order to protect your vehicle.
Average Insurance Costs
In 2024, the average cost of UK motorhome insurance ranges from £200 to £400 annually for models valued at around £40,000. However, this figure is an average, and your premium will be influenced by many different factors, including:
Higher-value motorhomes generally mean higher premiums due to the increased cost of repairs or replacement following damage or theft.
Where you store your motorhome can impact your premium. Secure storage, such as locked garages or specialised facilities, can reduce premiums.
Investing in additional security features, such as alarms, can lead to insurance discounts. They can sometimes be costly to install, but a reduced insurance premium could offset this.
Adding drivers to your policy can increase your cost. However, experienced drivers with clean records may help to lower the premium.
Details such as age, driving experience, and no-claims discount can significantly affect insurance costs.
The level of cover chosen, fully comprehensive, third-party fire and theft, or third-party only, will also influence your cost.
Finding the Right Insurance
While the average costs provide a benchmark, it’s a good idea to compare some different quotes. Online comparison sites can be a good place for this, but it’s also a good idea to consult with an insurance broker, such as Advance Insurance. Brokers are insurance advisors who can navigate the market to find the best policy to suit you and your specific needs. They have access to a wide range of insurance products and can often secure exclusive deals not available to the public. Brokers also provide a personalised service, meaning they take the time to understand your requirements. They also handle the work of comparing different policies, saving you time and effort.
Key Takeaways
Motorhome insurance in the UK typically ranges between £200 to £400 annually, with premiums varying based on several factors. While cost is an important consideration, ensuring you get proper coverage should be your priority. By understanding the factors that will affect your premium and using a specialist broker, you can find the right insurance for your needs at a competitive price.
