What is ‘market value’ cover?

Posted on 12th January 2018 by Happy Admin

If you take cover on a market value basis and your touring caravan is stolen or damaged beyond economic repair we’ll pay to replace it with a model of equivalent value, or pay out your caravan’s current market value. As you pay a premium against the caravan’s current value, premiums are generally cheaper than if you took cover on a new for old basis.