CIL Insurance for Caravans: 2019 Review

CIL Insurance fills a gap that many of us tend to forget exists. Rather than offering insurance for traditional homes and vehicles, the company has made a name for itself doing the opposite.

Caravans, camper trailers, and motorhomes aren’t what most people would consider the norm. But for many others, these and other RVs are exactly that. And just because their homes have wheels and their wheels are their homes, that doesn’t mean they don’t need insurance too.

In fact, you might say they need insurance just as much as everyone else, if not more.

That’s where CIL Insurance comes in.

CIL Insurance Options

Because they recognize that caravanning isn’t just a holiday option for some, CIL Insurance focuses on providing comprehensive cover.

That means their insurance plan for caravans includes cover for both loss and damage. And there are a number of other benefits too, such as a new for a new replacement if your caravan is written off within two years of opening your policy.

On top of this, CIL Insurance also offers up to $20 million in legal liability and the option of extending your cover to include your annexe. Clients also have the premium option for hire use, as well as transport by rail, road, and sea.

But that’s not all. When signing up for caravan insurance with CIL, you can also choose between the Australia-wide or on-site options.

The latter might offer lower premium without compromising on cover. But there is a slight trade-off at play. With on-site cover, your caravan is only insured while it’s in its specified location.

What’s Included in Your Cover?

Here’s a quick look at everything that CIL insurance for caravans includes. This is the same for Australia-wide and on-site, with a few differences that we’ll point out for you.

  • Accidental loss and/or damage to your caravan or its contents. This includes accidents, hail, fires, floods, malicious damage, storms, and theft. In the case of on-site cover, it also includes any tropical and free-standing roofs or garden sheds.
  • Legal liability for up to $20 million. This is for the caravan itself and for personal legal liability. However, you do need to be living in your caravan at the time of the accident for the personal liability payout!
  • If you suffer a total loss, CIL insurance will replace your new caravan. But this is only for the first two years.
  • Repairing or replacing your electrical motor after it burns out.
  • Up to $500 in emergency repairs.
  • You’ll also enjoy a lifetime guarantee on all authorized repairs.
  • The insurance policy also covers any removal and replacement costs for you.
  • Flood damages are eligible for a maximum payout of $300.
  • If you’re living in your caravan permanently, then you can get up to $2,000 for temporary accommodation if anything happens. However, if you’re only living in it temporarily (or not at all), it’s only $500.  For the on-site cover, you do have to be living in your caravan.
  • CIL Insurance pays up to $5,000 for removing debris.
  • Finally, your tools and spare parts are also insured for up to $250.

CIL Insurance Additional Options

There are also a few extras that you can add onto your caravan insurance policy. Let’s take a look at what they are:

  • Annexe Cover. This is a really great offer by CIL Insurance, as most of their competitors don’t include annexe cover in their policies. If you do decide to use this add-on, then your annexe enjoys the same cover as your caravan does. But you do need to be using your annexe to be eligible for some of the claims.
  • Increased-contents Cover. The normal comprehensive cover only ensures your caravan’s contents for up to $1,000. So if you have anything in your caravan that’s worth more than that, you can choose to include this add-on.
  • Hire-use Cover. Let’s face it, not everyone is going to be hiring their caravan’s out for friends or strangers to use! But if you don’t live in your caravan permanently and what to use it to make some passive income, then the hire-use cover ensures your caravan and its contents while someone else is renting it from you.
  • Transport Cover. It’s easy for something to go wrong while you’re transporting your caravan by rail, road, or sea. And that’s what the transport cover add-on is there for!
  • Horse-float Cover. Last on our list of add-ons is the horse-float cover. With this option, you can choose to ensure your hoarse-float instead of a caravan.

Possible Excesses

The higher your excesses, the lower your premiums. But there are a few excesses that you might need to pay no matter what.

  1. Basic Excess. This one’s obvious – you’re going to need to pay for a portion of any claims you make.
  2. Transportation Excess. If you do decide to get the transport cover add-on, then you’ll need to pay a basic excess on any claims you make during transportation.
  3. Hire-use Excess. The same is true for any claims you make while leasing your caravan to someone else. And of course, you do need to have the hire-use cover add-on for your policy with CIL Insurance!
  4. Age Excess. This is something that affects your premiums too: having a driver who’s 16 to 24 years old. Premiums are always a little higher in this case, but you’ll also need to pay an age excess if that driver was behind the wheel when an accident happens.
  5. Inexperienced Driver Excess. This one isn’t as clear right away, but it’s very simple. If a person driving your caravan is older than 25, you won’t need to pay the age excess. But if their driving license is less than 2 years old, then you’ll have to pay an inexperienced driver excess instead.
  6. Off-road Excess. Accidents tend to happen easier when you take your caravan off-road. If something happens while you’re on a dirt road, a road that isn’t sealed, or on the beach, you’ll pay an off-road excess.
  7. Underwriting Excess. This is another one that usually affects your premiums too. Your driving history and claims history can sometimes mean that you also need to pay an underwriting excess.

On the plus side, CIL Insurance sometimes waives the excess. But this only happens if it’s another driver that causes the accident.

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