RV Insurance Coverage
Is it time to renew your RV insurance policy or your first time getting RV insurance? Here are RV insurance tips on what to consider in your policy.
According to an article at carinsurance.about.com, “Recreational Vehicle Insurance”
“With so many different types of recreational vehicles in existence, a single policy sometimes can’t handle multiple types of recreational vehicles. But at the same time, not many people own multiple campers. Recreational vehicles, also known as RVs, come in all shapes and sizes. Motor homes, fifth wheels, pop-up campers, and travel trailers are all types of RVs. RV insurance may or may not be required depending on what type of RV you own.
The main difference in coverage comes between motor homes and campers. Any vehicle driven on the road is required to be insured and that includes motor homes. The minimum liability for your state is required in order to be driving legally. More coverage is available and optional unless required by a lender.
- Standard Motor Home Coverage
- Bodily Injury & Property Damage
- Liability Uninsured Motorist
- Personal Injury Protection (PIP)
- Limited Property Damage
- Property Protection
Since campers are towed behind a vehicle and not driven, RV insurance is optional according to state law. Only a lender can require full coverage to be carried in order to secure its interest. With a newer camper it is recommended to carry full coverage so you do not lose your investment; however, if you do not have a secured loan the coverage is optional.
Standard Camper Coverage
Aside from the standard set of coverage on RV policies, companies often offer specialized coverage. Specialized coverage can really come in handy at the time of loss. Things you may not think of prior to a claim such as custom equipment and personal effects can be costly if you do not have the coverage included on your RV policy. Most companies offer specialized coverage on both motor homes and campers.
- Specialized Coverage
- Total Loss Replacement
- Custom Equipment
- Roadside Assistance
- Vacation Liability” To read the entire article click here.