Mark founded MoneyMaxim in 2008, with the aim of delivering an impartial and independent service. Mark is a regular money saving expert in the press and writes regular news and articles for the MoneyMaxim news pages sharing his views on banking, personal insurance and the utilities (gas, electricity, mobile and home phones, broadband and pay TV) market with customers.
Anyone who has hired an RV, Camper Van or Motor Home will have faced the dilemna over the excesses on motor home insurance policies, and whether to insure them. That decision was made a little bit easier this week with the launch of Questor Camper Van and Motor Home Excess Insurance, which widens consumer choice considerably, and offers far cheaper alternatives than those available directly from RV hire companies.
The problem with Motor Home Insurance Excesses
The challenge potential hirers face is that they have to accept - in almost all cases - that a motor home they hire will have a considerable excess to be paid in the case of an incident. Also, unless they are used to driving such vehicles, the risks of a accident tend to be higher and because of the kitchen facilities on board the potential for a fire is greater. So insurance tends to cost more.
Additionally notwithstanding the size of the excess it is extremely rare for rental companies to provide any cover for windscreens, mirrors, tyres and the underside of the vehicles. Given the size and cost of replacing a front windscreen or tyre this leaves a not inconsiderable risk on the part of the insured in any case.
So most people prefer to 'insure' the excess, and additionally if they can the glass tyres etc, so that they are not faced with the potential of a large bill. But until now there was the rub - some companies did not offer excess insurance, and other charged through the nose for it. The policies available from the rental firms still, in the main, excluded the glass, tyres and underside of the vehicle as well. Here are a few examples from around the world
Motorhome Hire in Scotland, UK
Frequently motorhomes come with an excess of around £1,, although this does vary from nil up to