If you own or rent a park home then you’ll probably want to consider that your property is adequately insured. That it is protected and covered from any unexpected misfortunes and damages. This will give you a peace of mind that your property is protected if and when anything was to happen to it.
Continue reading to get better insights into the various levels of cover you may need in order to make sure you’re adequately covered.
What type of insurance do I need?
The way in which most individuals determine the type of insurance they’d like depends on what you use your park home for.
For instance, if you use your mobile home as a holiday home, then you’re likely to need a static caravan insurance policy.
However, if it’s more than just a home for leisure and you find yourself living there throughout the year, then you’ll need what’s called a park home insurance policy. On the other hand, if you rent out your park home, you may want to consider public liability insurance.
Static Caravan
This insurance is designed specifically for park homes that are used for leisure and holidays. With this type of insurance you can expect cover that matters to you the most. Allowing you to be rest assured that your property is in good hands.
This policy will protect your home itself against damages endured through bad weather conditions, as well as accidental damages such as fire or flooding.
It can also reimburse you for stolen and/or damaged contents and protect other items on your pitch.
Park Home
Unlike the previously mentioned policy, park home insurance is designed to also account for the construction of your mobile home. Alongside this, it offers protection of all the complexities of owning a park home such as the ones mentioned previously.
Public Liability
Being one of the main types of business insurance, it can cover compensation payments and legal costs if a member of the public (i.e. the customer, supplier and/or the general public) sues you for enduring injury or damages done by your property. This is useful when you’re renting out your park home to protect yourself and your pockets from huge amounts of bills and other stresses.
Therefore, it is important to take these unexpected circumstances into consideration when owning a park home and protect your finances and your property from any unanticipated emergencies.
