Are you planning to buy a park home? Do you own a park home? Park homes are not ordinary homes by their very nature, though they may include the facilities of a traditional home. It is, therefore, important to provide suitable park home insurance cover to protect your park home just as you would insure your average home against accidental and natural damages, vandalism and theft with a comprehensive insurance policy.
A park home is also known by names such as residential caravan or mobile home. A park home is a structure that is constructed as per the provisions of British Standard 3632. Such homes are pre-fabricated in part or full and are assembled at the site as per the instructions of the manufacturer. All residential park homes should comply with the provisions of British Standard 3632 in terms of health and safety standards. The park homes should be weather resistant and structurally sound.
At the time of buying a park home insurance policy, the two aspects that are to be considered are the cost and coverage. Generally, a cheap policy will be worthless as it may have a lot of loopholes and omissions in its coverage. On the other hand, a comprehensive coverage will be very expensive.
Most insurance companies will provide park home insurance cover only if it is located in an approved site. Generally, accidental damage, subsidence and landslip, tenant’s liability, fatal injury, personal possessions, public liability, valuables, underground services damage, and alternative accommodation come under the insurance cover. In order to ensure safety and possibly reduce your insurance premium, it is recommended that safety measures like smoke alarms and fire extinguishers be installed in your mobile home.
This article is only intended to give you an idea as to what you should look for when it comes to insuring your park home. It is a good idea to search the Internet and get quotes from a few insurance companies. You can then evaluate their offers, shortlist a couple of service providers, have further discussions with them and decide on the insurance company that is offering the best solution to meet your needs.
