- Feb 14, 2021
- 4,566
- 10,364
- Funster No
- 79,219
- MH
- Burstner Lyseo 727G
- Exp
- 3 years 30,000 miles UK and Europe.. Campsites and off Grid.
It's an often discussed subject and there has been some concern recently over the hike in the previously popular Nationwide Flex account cover. I have done some research into alternative packaged bank accounts and thought I'd post my findings.
A few caveats:
I might have got some details wrong!
There are still lots T & C's to consider - e.g. Excess amounts.
You need to think - do I need worldwide cover? If you only travel in the EU or UK then separate Breakdown/Travel policies may work out better.
Most breakdown polices are personal (not related to the specific vehicle) and cover partners/family so can be very good value if you have multiple vehicles (co-op excepted)
All policies will charge extra for specific medical conditions but may vary in price.
I am not sure of the cost of extending breaks beyond 31/45 days or whether other companies take Nationwide's approach of charging for every extension individually. This looked to complex to work out. If anyone can shine a light here it would be useful.
Some interesting points - Only Nationwide seem to cover over 3.5 tonnes/up to 8 metres in EU. Lengths in other policies seem a little unclear. - except co-op. Some breakdown policies are quite basic! None other than Nationwide mention motorhomes specifically. The
Gadget cover in the Virgin account seems good - particularly for laptops.
For me personally the Nationwide still seems the best but it very much depend on your travel patterns.
Hope this might be useful for some but will reinforce - it is only a starting point. You will need to read the T & C's.
By the way - you do not need to use these bank accounts as your everyday accounts. They are easy to open and you just need to make sure enough money is n them to cover the monthly fee. An additional plus over traditional insurances is that you can leave at any time with no additional charge.
A few caveats:
I might have got some details wrong!
There are still lots T & C's to consider - e.g. Excess amounts.
You need to think - do I need worldwide cover? If you only travel in the EU or UK then separate Breakdown/Travel policies may work out better.
Most breakdown polices are personal (not related to the specific vehicle) and cover partners/family so can be very good value if you have multiple vehicles (co-op excepted)
All policies will charge extra for specific medical conditions but may vary in price.
I am not sure of the cost of extending breaks beyond 31/45 days or whether other companies take Nationwide's approach of charging for every extension individually. This looked to complex to work out. If anyone can shine a light here it would be useful.
Some interesting points - Only Nationwide seem to cover over 3.5 tonnes/up to 8 metres in EU. Lengths in other policies seem a little unclear. - except co-op. Some breakdown policies are quite basic! None other than Nationwide mention motorhomes specifically. The
Gadget cover in the Virgin account seems good - particularly for laptops.
For me personally the Nationwide still seems the best but it very much depend on your travel patterns.
Hope this might be useful for some but will reinforce - it is only a starting point. You will need to read the T & C's.
By the way - you do not need to use these bank accounts as your everyday accounts. They are easy to open and you just need to make sure enough money is n them to cover the monthly fee. An additional plus over traditional insurances is that you can leave at any time with no additional charge.
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