3. Resist the temptation to save a few pounds by insuring for less. This could end up costing you thousands in the long run if you have a claim. Under insurance affects each and every claim you make and when you add up the cost those pounds saved won’t be worth it. You should also beware some policies offering ‘blanket’ sums insured as you are still only insured for the amount it would cost to repair or replace, not necessarily the maximum amount of cover advertised.

4. The same goes for choosing between 'New for Old' and 'Market Value'. Insuring on a Market Value basis is the right thing for some people, and on average will mean you pay a cheaper premium, however it also means every claim will have an allowance made for wear and tear. In real terms that means that most claims will be reduced and you might not get the amount you thought you would, or that you need to replace the damage. Market value isn’t really an appropriate cover type for Residential policies.

8. If your park home is a ‘total loss’, cannot be repaired and needs to be replaced there are additional costs and expenses to do so, from disconnection, debris removal, re-siting and reconnection to possible legal and conveyancing costs. Compass cover this as standard and without you needing to add this to your overall sum insured, does your insurer?

9. Nobody buys insurance in the hope they need to use it, but if you do need to make a claim the level of service and speed of response is essential. Will there be someone there 24/7/365 to help you and will your insurer allow your park owner to help you, especially if you are not there when the loss or damage occurs?

10. If you do need to claim then there will be an excess to pay, this is the amount of the claim you have to pay yourself. At Compass we have the lowest excesses in the market at just £50 however check your excess, some insurers impose amounts that run into hundreds and sometimes thousands of pounds.