What is “New for Old” cover?

“New for Old” cover means that we will replace your insured static caravan, lodge or chalet with the most recent new model (or equivalent) if it is damaged beyond economic repair.

To ensure “New for Old” cover applies, you must insure your holiday caravan and contents at the value it would cost to replace with new (of equivalent specification), and not its current value (see “Market Value” cover if you are confused about the difference).

“New for Old” cover is available on static caravans, holiday chalets and lodges up to 15 years old, unless your park has a block scheme insurance arrangement with us, then a different limit may have been agreed, call us to check..

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