RV insurance policies are more complicated than either car insurance or homeowner’s insurance policies.
RV insurance policies blend aspects of car and homeowner’s insurance to guarantee that all aspects of the RV are covered.
RV drivers are required by law to have liability coverage, just like people who drive conventional vehicles.
Just as you probably would not go to a regular car dealership to purchase your recreational vehicle, you should not buy an RV insurance policy from an auto insurer.
RV insurance protects other drivers that the RV may collide with, ensuring that if the RV inflicts damage on another vehicle, that damage will be paid for out of the RV driver’s insurance. Liability coverage is the bare minimum required by most states.
Reasons for Purchasing RV Insurance Policy
- An RV insurance policy cover claims that a regular auto insurance policy does not cover. It is similar to combining a house and auto policy into one. Your motor home insurance policy would cover if someone accidentally trips going up the stairs in your RV and hurts themselves.
- A good RV insurance policy will give you great replacement coverage. If you purchase the RV new, and you are the original owner, and your RV is totaled in the first 5 years, you can get a brand new replacement RV camper of the same quality as your old RV. You will be given what you paid for the RV brand new after the first 5 years. You will be given the purchase price towards the cost of another recreational vehicle if you buy a used RV camper.
- You can get RV insurance coverage, whether it is a simple truck camper or a fully equipped diesel pusher. It also does not matter what the age of your RV is.
Types of RV Insurance Policies
There are different types of RV insurance policies that provide different amounts of coverage. Some basic RV insurance policies mainly cover the vehicular aspects of the RV, such as collision and liability.
- Total loss coverage: This covers your RV no matter what happens and whose fault it is. A good policy will also offer total replacement for a new RV (less than 5 years old and with the original owner) that is totaled, or for a used RV (or one that is older than 5 years) you will get the purchase price back as a settlement in the event your RV is totaled.
- Collision insurance: It covers any damage to the RV if any type of collision occurs.
- Uninsured driver insurance is another important type of RV insurance coverage. This type of coverage protects the RV driver from having to personally pay for any damages to the RV done by uninsured motorists.
- The property inside the motor home should also be covered as motor homes can be dwellings as well as vehicles. The law does not require this coverage, but it is a good idea, especially for people who live primarily in their RV. RVs contain items that cars don’t have, such as furniture and appliances. If the RV is damaged extensively, these items could require repair or replacement.
- Other items such as plumbing and electrical components of the RV can also be insured. Many people store things like clothes, TVs, computers, and camping gear in their RVs. Just like in a home, these items can be damaged or stolen while on the road, so it is a good idea to purchase insurance for them. Many RV insurance policies are designed for people whose RV is their primary residence. These RV policies cover all vehicular and home aspects of the recreational vehicle.
You can find it through a regular RV insurance company, but they will not have the variety of products and RV policies that a company that specializes in RV insurance will have.
For one of the best and easiest ways to shop for insurance you can go online, get quick free quotes, compare different companies, and apply. Just be sure that you are comparing RV insurance policies with the same level of coverage.