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Motorhome insurance premiums are down, and sales of used motorhomes are up in the UK
A competitive insurance marketplace in the UK at the moment means that premiums are remaining low, with the knock-on effect of increased sales in used motorhomes.
Speaking at the National Motorhome Show, Nigel Coppen, Client Director of Shield Insurance, announced to UK motorhome enthusiasts that, despite average motorhome insurance claims rising by 39 per cent, the average motorhome insurance premium had in fact remained constant at around just £250. He added that average claims for his company throughout 2010 amounted to £2,119, whilst in 2013, the average claim rose to £2,951.
Insurance for UK motorhomes continues to drop month-on-month, with premiums down nine per cent for March 2014 compared to March 2013, and also 19 per cent down when compared to March 2012.
CaravanTimes are pleased to report that our readers can expect premiums to remain low in the coming years.
