Covered wagons

Insuring caravans is not an entirely risk-free business, but stepsare being taken to bring the more difficult aspects of the propositionunder better control, and the market looks capable of solid growth, asMatt Warner discovers

Wide and slow-moving, a caravan can seem like a rolling roadblock tothe frustrated motorists sitting behind it. However, caravanners see theirwagons as a home from home that provides a comfortable, cheap andrewarding way to go on holiday. And, as with any prized possession, proudowners need to find good insurance. With a growing number of caravans onthe road every year, it seems like a promising market - but it does haveits share of problems and risks.

There are over 500,000 touring caravans in

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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