Motorhome Hire Insurance

If you own a motorhome and want to hire it out, or choose to hire one for a short period, then you will need motorhome hire insurance. Obtaining insurance of this type is not easy. Usually, when you want to buy insurance, you might look at an online comparison site and select the most suitable deal based on your criteria. Hire insurance is not commonly offered to the private consumer, so it’s a little harder to come by. If you want to hire a motorhome then the insurance will probably be included in your hire charges. Check the terms and conditions to see how much excess you will need to pay in the event of damage. Sometimes things such as tyres and windscreen will not be insured to check thoroughly before committing to the hire. It is unlikely that you will be able to take a motorhome using your own personal insurance only. Motorhomes are far more expensive than cars with some of them costing over £90,000 and therefore they must be insured accordingly.

EU breakdown insurance cover is also an option if you wish to travel into other non-UK EU countries. It is best to check with the motorhome hire agency to see which countries you are permitted to travel to before making a booking, as insurance cover will not allow travel to everywhere.

If you are a motorhome owner, you can earn money by hiring out your motorhome. It is sensible to use a motorhome hire agency that can take care of the details for you. They will provide administration, sales, marketing and advertising and process all the finances for you. Most importantly, motorhome hire insurance will also be provided with each hire, at no cost to the owner. You will still need your own Social, Domestic and Pleasure insurance for personal use. The hire insurance will not interfere with your personal insurance because it does not run parallel to it. Your insurance company will not allow you to have 2 insurances running at the same time because it could lead to a fraudulent claim in the future. A national insurance database will ensure that you do not attempt to take out double insurance. The hire insurance will not be for you personally, so it does not pose a threat to your existing policy. The motorhome hire agency will be insured for the hire period only. If you’re a little more business-minded than most you will probably think about also having your own website and hiring out your motorhome yourself. It is sensible to stay with an agency too because they will help hire out your vehicle during harder periods and keep you earning money throughout the year. An agency can also provide you with pay-as-you-go motorhome hire insurance. If you had to take our an annual hire insurance policy then you could be left out of pocket after making a big financial commitment to the insurance company. Getting insurance for around £20 per day is ideal because it helps you to be self-sufficient but not at risk.