Caravans provide us with a home away from home when we travel on holiday, they can also be expensive and should be insured for accidental damage or theft. If an insured caravan is written-off or stolen the provider will pay out the reasonable market value or the stated value on the policy, whichever is cheaper. The owner of the insured caravan will still be liable for the excess stated on the policy in the event of a claim. Caravans are covered while at the holiday destination, on the road being towed and at the owner’s residence. So if you don’t want an accident or theft ruin your holiday plans, make sure that you have comprehensive caravan protection.