Caravan Insurance Australia

Best Caravan Insurance Australia [Cheapest Comparison Table]

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So, you’ve just bought (or are thinking about buying) a van and need to figure out which is the best caravan insurance in Australia. You’ve come to the right place.

Buying a caravan these days is a massive investment and one that you’ll want to make sure is completely covered for as many situations as possible. Best case scenario, you never have to use it. Worst case scenario, the caravan can be repaired or replaced.

While choosing caravan insurance is a very personal decision, I’ve pulled together all of the relevant and important info in order to help you make the most informed selection that you can.

Don’t forget to put your caravan insurance paperwork into the glovebox of your car, just in case you need to make a claim while you’re travelling. For more travelling essentials, check out my article on packing for a road trip, with 120+ items.

For more caravanning expenses, check out my other articles on Caravan Roadside Assistance and Caravanning Costs (full breakdown).

This post contains affiliate links. For more information, see our disclosures here.

All About Caravan Insurance Australia

Types of Caravan Insurance

With some insurance providers, they have a separate category for each type of RV, while with others, the term ‘caravan insurance’ is an umbrella term used for various types.

These RV Types can all fall under the ‘Caravan Insurance’ title:

Touring CaravanA portable caravan, which is hitched up to and towed with a vehicle to various locations
On-site CaravanA permanent caravan, which stays stationary in a single location (usually a caravan park)
Camper TrailerA trailer with moveable components that fold out or pop up to create temporary accommodation
Slide-on CamperA camper that slides on to the back of a ute or truck
CampervanA small van that has been fitted out to be a camper
MotorhomeA larger truck or bus style recreational vehicle

Levels of Cover

Just like vehicle insurance, it’s important to make sure you’ve got the right level of cover with your caravan insurance policy.

Levels of Caravan Insurance Cover:

  1. Comprehensive
  2. Third Party Fire & Theft
  3. Third Party Property Damage

Below are the general inclusions with each different level of caravan insurance.

NOTE – The exact specifics and capped figures will vary from one provider to the next, so always read the fine print. To be used as a guide only.

COMPREHENSIVE Caravan Insurance

Below is what you can typically find included in a Comprehensive Caravan Insurance policy in Australia.

COMPREHENSIVE
Accidental DamageCover for damage to caravan that is caused accidentally
Intentional DamageCover for damage to caravan that is caused intentionally
Storm or FloodCover for accidental damage to caravan that is caused by storm or flood
FireCover for damage to caravan that is caused by fire
TheftCover for damage to caravan that is caused by theft or attempted theft
EarthquakeCover for damage to caravan that is caused by earthquake
Towing CostsCover for reasonable cost of towing and storage of the caravan to the nearest suitable place after an insured event
After Accident Clean-upCover up to around $1,000 for accident clean-up
Emergency Accommodation, Transport & RepairsCover up to around $1,000 if you’re 100+ km from home and the insured event means you can no longer safely use your caravan
Locks & KeysCover up to around $1,000 for replacing and recoding stolen keys
Contents (inside caravan)Cover up to around $1,000 (maximum $150 per item) – can be upgrade to increase those figures
Food SpoilageCover up to around $500 to replace spoiled food due to an insured event
Animal Death or InjuryCover up to around $5,000 for accidental death and vet fees if transporting animals in the trailer and are injured or die as a direct result of loss or damage to the trailer
Caravan Park FeesCover up to around $1,000 for caravan park cancellation or re-booking fees due to loss or damage of the caravan in an insured event
Counselling FeesCover up to around $1,500 per household member for counselling after a claim
Legal LiabilityCover up to $20 million if your caravan causes damage to someone else’s property
Optional Upgrades• ANNEX – loss or damage by insured event
• CONTENTS – maximum $1,000 per item
• ELECTRICS BURNOUT – repair and replace burnout of electric motors (up to $1,000)
• BUSINESS ITEMS – tools are other items essential for work
Caravan Insurance Repairs
Caravan being repaired from water ingress damage due to a storm event – covered with insurance

THIRD PARTY FIRE & THEFT Caravan Insurance

Below is what you can typically find included in a Third Party Fire & Theft Caravan Insurance policy in Australia.

THIRD PARTY FIRE & THEFT
FireCover for damage to caravan that is caused by fire
TheftCover for damage to caravan that is caused by theft or attempted theft
EarthquakeCover for damage to caravan that is caused by earthquake
Towing CostsCover for reasonable cost of towing and storage of the caravan to the nearest suitable place after an insured event
Emergency Accommodation, Transport & RepairsCover up to around $1,000 if you’re 100+ km from home and the insured event means you can no longer safely use your caravan
Contents (inside caravan)Cover up to around $1,000 (maximum $150 per item) – can be upgrade to increase those figures
Caravan Park FeesCover up to around $1,000 for caravan park cancellation or re-booking fees due to loss or damage of the caravan in an insured event
Counselling FeesCover up to around $1,500 per household member for counselling after a claim
Legal LiabilityCover up to $20 million if your caravan causes damage to someone else’s property

THIRD PARTY PROPERTY DAMAGE Caravan Insurance

Below is what you can typically find included in a Third Party Property Damage Caravan Insurance policy in Australia.

THIRD PARTY PROPERTY DAMAGE
Counselling FeesCover up to around $1,500 per household member for counselling after a claim
Legal LiabilityCover up to $20 million if your caravan causes damage to someone else’s property

Mutton Hole Wetlands, Normanton QLD
Panel & awning damage which may be covered by caravan insurance depending on the event

What General Caravan Insurance DOES NOT Cover

❌ If the driver towing the caravan was under the influence of a substance that affected their judgement (or beyond the legal limit)
❌ Unlicensed driving
❌ Damaged, unsafe & unroadworthy caravans at the time of incident
❌ Towing the caravan with an unsafe or unroadworthy vehicle
❌ Towing a damaged caravan after an incident
❌ Incorrect loading of the caravan
❌ Storing or transporting dangerous goods
❌ Business use or carrying of goods for trade services
❌ Caravan hire business
❌ Bushfires, storms, floods or tsunamis within the first 72 hours of cover
❌ Actions or movements of the sea
❌ Mould, mildew, rot & rising damp
❌ Escape of water (e.g. shower recess)
❌ Wear and tear (gradual deterioration)
❌ Erecting, dismantling, modifying or repairing the annexe
❌ Corrosion & rust
❌ Lack of maintenance
❌ Reckless behaviour
❌ Fading
❌ Effects of light, atmosphere & climate conditions
❌ Depreciation
❌ Worn out or defective tyres, brakes & lights
❌ Stone chips or tar flecks from the road
❌ Mechanical, structural, gas, electrical or electronic breakdown, failure or breakage
❌ Tree lopping damage – if caused by you or someone authorised to do so by you

Make sure your caravan is always in a roadworthy condition so that you won’t be refused insurance in the event of needing to claim. Here are over 15 Tips for Maintaining a Caravan.


Caravan Insurance Excesses

An ‘excess’ is the amount that you have to pay towards the cost of a claim (should that come to pass). These excess amounts can vary depending on the incident in which you’re claiming for. In some cases you may be required to pay more than one excess to cover the claim.

Below are some common caravan insurance excesses to be aware of. The following figures are based on the CIL Caravan Insurance Product Disclosure Statement, just to give an example of what you can expect.

EXCESS TYPEAMOUNT
Basic ExcessAs selected in the initial policy
Transportation Excess$100
Hire Use ExcessWill be reflected in your basic excess if applicable
Age Excess 16 – 20 year olds$500
Age Excess 21 – 24 year olds$300
Inexperienced Driver Excess$400
Off Road Excess$200
Underwriting ExcessWill be reflected in your basic excess if applicable

Basic Excess
Payable with any claim that is made on your insurance policy. This can be increased or decreased (within a range) to help make your annual or monthly premiums slightly higher or lower.

Transportation Excess
If this option is in your policy, this excess will apply in the event of your caravan being transported by road, rail or sea – but excludes general towing.

Hire Use Excess
Applies if ‘hire use’ has been selected in your policy, which will make the basic excess higher.

Age Excess
Applies if the driver towing the caravan at the time of loss or damage was under the age of 24.

Inexperienced Driver Excess
Applies if the driver towing the caravan at the time of loss or damage was over the age of 25, but has only had a license for 2 years or less.

Off Road Excess
Applies when the caravan is damaged while being driven on any beach or dirt/ unsealed road.

Underwriting Excess
An underwriting excess will be imposed at the beginning of the policy based on the driver’s history and overall claims experience. If this is applied, the basic excess will be higher.


Which Claims Will Require the Excess to be Paid

✔️ Theft or attempted theft
✔️ Vandalism
✔️ Storm, hail and flood damage
✔️ Fire damage
✔️ Collision with or by an animal
✔️ Windscreen or window glass damage
✔️ An event where the driver towing the caravan caused or contributed to the incident
❌ An event where the other driver was at fault and you can provide their details
✔️ An event where the other driver was at fault and you cannot provide their details

Security Tips for Decreasing Your Premiums

Caravan Security Devices - Hitch Lock

Some caravan insurers will reward those who add extra security to their caravan while it’s both parked up and travelling around the countryside. Here are some caravan security tips that may help to reduce your premiums.

  • Garage storage
  • Secured storage yard
  • Wheel clamp
  • Tow hitch lock
  • Padlock & chain
  • Alarm system

For more tips on theft prevention, check out these 13 Tips for Caravan Security.

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Caravan Buyers Guide (15-page)

The ULTIMATE Caravan Buyers Guide

Streamline buying a caravan with this interactive planner. From budget, towing weights, PPSR checks & more, we guide you through the process, step-by-step!

15-page Digital & Printable Planner

  • CHECKLISTS to tick off
  • DECISION PROMPTS to fill out
  • Questions to ask, handover, hitching & more…
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Cheapest Caravan Insurance Australia [Comparison Table]

Now, I’m a numbers type of girl, so to have a good data-driven look at the price comparisons between the various caravan insurance competitors in Australia, further research was required.

To do that, I went ahead and gathered estimated prices from all caravan insurance companies who would provide online quotes. Unfortunately, that only amounted to 5 out of 33 available companies as most will only issue quotes over the phone for caravan insurance.

Using the example of a 2022 Jayco Journey 19ft Touring Caravan, we can at least see which was the cheapest caravan insurance among just the companies who offer online quotes.

This is not a definitive look at the cheapest caravan insurance in Australia by any means. Obviously, there are going to be many more options and variables at play with your own quotes, but for an interesting ball park comparison, this provides a good example.

Details used for the caravan insurance quotes below:

  • 2022 Jayco Journey 19.61-3 (Touring) – 19ft, 4 berth
  • Dual Axle
  • Usage – Personal touring
  • Finance – No
  • Existing Damage – No
  • Level of Cover – Comprehensive
  • Years Licence Held – 15+
  • Towing Experience – 1-5 years
  • Previous Claims – 0
  • Agreed Value – $75,390
  • Accessories Value – $2,000
  • Contents Replacement – $1,000
  • Basic Excess – $500

NOTE – I always go for Agreed Value as it gives you more confidence that you won’t get shortchanged with the absolute bare minimum amount (Market Value) if you ever have to claim for the full replacement cost.

The caravan insurance quotes below are only to be used as an interesting comparison.
The variables in this area will be vastly different for everyone based on make, model, value, location, age, experience and many more factors.

Cheapest Caravan Insurance Australia (based on online quotes only):

Please be aware that many caravan insurance companies will not provide a quote online, with a phone call being required before issuing one. The following comparison chart only includes providers who were able to offer online quotes.

INSURANCE
PROVIDER
ANNUAL
PREMIUM
MONTHLY
PREMIUM
AGREED
VALUE
RAC (Western Australia)$862.81$79.49✔️
Let’s Go Caravan Insurance$1,781.85$165.56✔️
Jayco Platinum Caravan Insurance$1,948.72$181.07✔️
NRMA$2,133.41$180.74✔️
Club 4X4$2,387.63$209.85✔️

Summaries based on the above table:

  • Cheapest Insurance – RAC (Western Australia) at $862.81 per year
  • Most Expensive Insurance – Club 4X4 at $2,387.63 per year
  • Average Caravan Insurance in Australia – $1,822.88 per year
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Best Caravan Insurance Australia [Facebook Polls]

Deciding on which is the best caravan insurance in Australia is a rather subject matter, with a range of different variables for each individual situation. However, out of interest to see what caravan insurance providers others are using, I put up a poll in two different caravanning Facebook groups.

Question asked: “What caravan insurance provider do you use?”

Poll options: About 20 different caravan insurance providers were listed, with the option for group members to add in additional ones. Before taking the screenshots, I deleted any insurance providers who had 0%, so only the ones being used by group members are listed below.


Below are the results from The OZ BIG LAP Crew. Frustratingly, Facebook wouldn’t show me the number of people who’d voted in the poll, which makes it a bit hard to look further into the percentages.

Facebook Poll (OBL) - Caravan Insurance

Here are the results from Everything Caravan Camping with 55 votes in total.

Facebook Poll (ECC) - Caravan Insurance

Just based on these two small polls, CIL comes out as a clear winner for both groups, with RACQ and RACV also being popular options.

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Caravan Insurance FAQs

Do I need to tell my car insurance that I am towing a caravan?

No, you don’t need to tell your car insurance company if you’re towing a caravan. As a standard inclusion, your car insurance will cover the towed caravan for third party property damage without it needing to be listed on the policy.

Does my car insurance cover towing a caravan?

By default, your car insurance will cover the towed caravan for third party property damage. This means that if you have an accident while towing the caravan, the car insurance will cover any loss or damage to someone else’s vehicle or property up to the value of $20 million. However, for your own caravan to be covered by insurance for loss or damage, you will need to have separate caravan insurance.

Are caravans covered by home insurance?

No, caravans are not covered by home insurance. A separate policy will need to be taken out to cover your caravan for loss or damage in an insured event.

Does caravan insurance cover hail damage?

Most caravan insurance policies will cover hail damage under their storm coverage. However, there are often caveats to this clause, so be sure to read the fine print on this one.

Does caravan insurance cover damp repairs?

Usually caravan insurance does not cover damp repair, which is often the result of a prolonged water ingress issue. This will be categorised as poor maintenance, which isn’t covered by insurance.

Is water damage covered by caravan insurance?

Water damage is often not covered by caravan insurance, particularly if it has been caused by lack of maintenance or internal leaks from the caravan plumbing or wet areas. However, if the water damage is caused from an insured storm event, it may be covered.

How much does caravan insurance cost in Australia?

The cost of caravan insurance in Australia (for a newer caravan) can range from $862 to over $2,387 per year. The average cost of caravan insurance in Australia is $1,822.88 per year.

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Directory of Caravan Insurance Providers Australia

INSURANCE PROVIDERWEBSITE
AAMIwww.aami.com.au →
Allianzwww.allianz.com.au →
Aussiewww.aussie.com.au →
Australian Caravan Insurancewww.austcaravaninsurance.com.au →
Australian Unitywww.australianunity.com.au →
Bendigo Bankwww.bendigobank.com.au →
Catholic Insurancecatholicinsurance.org.au →
CGUwww.cgu.com.au →
CIL Caravan & RV Insurancewww.cilinsurance.com.au →
Club 4X4www.club4x4.com.au →
COTA Insurancewww.cota.com.au →
Defence Service Homes Insurancewww.dsh.gov.au/insurance →
Gallagherwww.ajg.com/au →
GIOwww.gio.com.au →
Heritage Bankwww.heritage.com.au →
Jayco Platinum Caravan Insurancewww.jaycocaravaninsurance.com.au →
Let’s Go Caravan Insuranceletsgocaravaninsurance.com.au →
NABwww.nab.com.au →
NRMAwww.nrma.com.au →
QBEwww.qbe.com →
RAA (South Australia)www.raa.com.au →
RAC (Western Australia)rac.com.au →
RACQ (Queensland)www.racq.com.au →
RACT (Tasmania)www.ract.com.au →
RACV (Victoria)www.racv.com.au →
Suncorpwww.suncorp.com.au →
TIO (Northern Territory)www.tiofi.com.au →
Westpacwww.westpac.com.au →
WFIwww.wfi.com.au →
Youiwww.youi.com.au →

Over 50’s Caravan Insurance Providers

INSURANCE PROVIDERWEBSITE
Apiawww.apia.com.au →
National Seniors Insurancenationalseniorsinsurance.com.au →
Over 50 Insuranceover50insurance.com.au →

Next up, check out these 30 Tips for Storing a Caravan between trips.

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3 thoughts on “Best Caravan Insurance Australia [Cheapest Comparison Table]”

  1. In your list of 5 caravan insurers, the lowest is RAC Western Australia but below that you state the lowest is RACV,. Can you confirm which one is correct, or if both have the same value
    Thanks,
    John

    1. Thanks for picking up that up John. You’re absolutely right, the cheapest was RAC WA. It seem my fingers had automatically typed RACV out of pure habit.

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