LV £202 quote - sanity check

[WelshGas]

I switched to LV as my wife is with them. My 2017 Ocean is around £220 Mark. I called to check if this covered all the insides such as bed and kitchen and was told it did.
MHCC wanted over £500.
LV give a good discount if you have two vehicles with them such as mine and my wife’s

I'm sure it does, in a car accident. But check the small print for cover when using the camping facilities, cooking fires or water leaks etc:.

 

[Azteccamper]

I'm sure it does, in a car accident. But check the small print for cover when using the camping facilities, cooking fires or water leaks etc:.

Just out of interest, have you got evidence of this lack of cover that you mention? I am not aware of anyone ever say that they weren’t covered after an incident as you mention - but I have not researched it in detail.

 

[WelshGas]

Just out of interest, have you got evidence of this lack of cover that you mention? I am not aware of anyone ever say that they weren’t covered after an incident as you mention - but I have not researched it in detail.

Personally No, because I don't use them. But others on the Forum have been told so. No cooking etc. You can do a Forum search.
There is a reason some companies are so much cheaper than those that offer a dedicated Campervan/Motorhome policy.
Motor vehicle accident insurance is a legal requirement, Camping insurance is not.
Just do your research, read the Ts & Cs and make sure you have the cover you believe you have.

 

[Phil P]

My 2016 Beach has always been cheap to insure, but renewal almost up, and just had a quote from LV for £202 (which _includes_ protected NCD + legal cover) - which is a lot cheaper than the existing CAMC policy (which was pretty good in the first place!).
Anyone any experience of LV? Any gotchas I should watch out for on their cover....?!
I usually read the whole policy just for the sake of it anyway, but this seems good. I've a feeling I may find a "excludes campers" or "doesn't include roof" clause in there somewhere!

Thanks!

LV are very good, I have 4 cars insured with them. I was with Admiral for a long time and they are also good. I have some experience of working in car accident repair industry and recommend anyone to pay for reputable insurers. Read the policy exclusion list. If in doubt get clarification from them.

 

[Bellcrew]

Just out of interest, have you got evidence of this lack of cover that you mention? I am not aware of anyone ever say that they weren’t covered after an incident as you mention - but I have not researched it in detail.

As has been mentioned previously the Camping and Motorhome Club insurance will match/offer a £25 discount on any renewal, I moved from LV at the discount and was reinsured this year at below £200, a consideration if you are concerned.
They are probably not competitive or even decline to quote for business/commuting cover.

 

[Azteccamper]

My 2016 Beach has always been cheap to insure, but renewal almost up, and just had a quote from LV for £202 (which _includes_ protected NCD + legal cover) - which is a lot cheaper than the existing CAMC policy (which was pretty good in the first place!).
Anyone any experience of LV? Any gotchas I should watch out for on their cover....?!
I usually read the whole policy just for the sake of it anyway, but this seems good. I've a feeling I may find a "excludes campers" or "doesn't include roof" clause in there somewhere!

Thanks!

I have asked LV for some clarity on this.
I give a few examples such as a fire started by cooking (covered) and a leak from the water system (not covered as it is a failure of a component similar to not paying out for damaged engine due to oil leak).
In summary they put what was covered (basically everything factory fitted) and what wasn’t (up to £1000 for personnel possessions) in an email for me.
I mentioned this forum and it was a question regularly asked.
Anyone who wants a copy of the email DM me and I’ll try to forward it to you for your files!
Pete

 

[chris151151]

I just insured my new Coast with LV for £230 inc protected bonus. Main + two named drivers. Didn't think it was worth time shopping around at that price. Collection tomorrow.

 

[Algor]

I added my Coast to a LV multicar policy last week for a grand total of £165.00 for 11 months cover.
Outstanding price.

 

[Dassy1308]

I’ve always believed you get what you pay for. In this case it’s “motor insurance” ie indemnification for damage to your vehicle and/or liabilities to third parties whilst using your car in accordance with relevant UK Road Traffic Acts on highways and public places. Of course all the factory fitted stuff (and accessories etc) will be covered if either you’re rear-ended on the M6 or you bang the Cali into a West Country stone wall.

However I really, really doubt that first party “All-risks” cover (eg cooking fire, wind damage) while parked/camped up on a private property for a week would realistically fall under “motor insurance”...especially a policy costing £200-ish.

£60k-ish of house contents costs almost as much to insure for ‘most’ eventualities. And your house contents don’t usually share the roads with other vehicles.

All I would say is take insurer/broker customer advisors’ words with a pinch of salt with regard to the extent of non-RTA cover offered by your policy. The proof will always come out when it’s time to claim and I hope none of you ever suffer that eventuality.

ps I’m a career insurance person. Yes I too have a £200-ish policy for our 6.1 Cali. And yes I’m a born pessimist, so I purchased a policy with my eyes wide open.

 

[Algor]

I am not sure that your house contents analogy is relevant to be honest. All insurance premiums are based on probability of risk, if 500 Cali's in the Uk claimed against cooking fires this year then all our premiums would be sky high next year. The truth is that Cali's are generally rare, well maintained, carefully driven and carefully parked, they are also owned and operated by a slightly older demographic of people than the average car. If the annual insurance payout out on Cali's is relatively less than the average car then the relative cost to insure one will be less. Insurers are just bookies, it's all about the odds.

 

[CaliforniaBen]

I would always stick with a specialist motorhome insurer like Comfort or Safeguard etc.. these policies are underwriten specifically to these type of vehicles so if there is a problem with the habitation area after an accident for example there is no grey area in your claim . I am with Safeguard and pay £231 per year, it's a no brainer

For a vehicle of this value, insurance is not something you want to be cutting corners with

 

[Dassy1308]

I am not sure that your house contents analogy is relevant to be honest. All insurance premiums are based on probability of risk, if 500 Cali's in the Uk claimed against cooking fires this year then all our premiums would be sky high next year. The truth is that Cali's are generally rare, well maintained, carefully driven and carefully parked, they are also owned and operated by a slightly older demographic of people than the average car. If the annual insurance payout out on Cali's is relatively less than the average car then the relative cost to insure one will be less. Insurers are just bookies, it's all about the odds.

@Algor yes you’re mainly correct - insurance premiums are kinda based on probabilities. But more so they’re based on the amount of money available in the ‘pool’ to pay for anticipated claims, both first and third party.

Motor insurers already have enough data to establish us Cali owners as a lower-than-average risk based on demographic/usage etc, generally in respect of Road Traffic Act-related incidents which is reflected in the (in my view silly) cheap insurance quotes out there.

However they have little or no data for non-RTA related claims because a) they are so rare or b) more likely they are not covered under a ‘motor insurance’ policy. As a result non-RTA exposures are not priced and therefore don’t contribute to the ‘pool’.

So in conclusion, if you’re worried about what is covered and where, concentrate on the where rather than the what.

Hope helps!