RVs can be a major investment, and this is why it is important to protect them with dedicated recreational vehicles insurance. Whether you are taking a weekend trip to the mountains or plan on living in your RV while traveling the country, the right policy will provide you with financial assistance immediately following accidents, injuries, theft, vandalism and a variety of other unfortunate scenarios.
Am I Already Covered?
One common mistake that many RV owners make is believing that they are covered with their current policies. Unless your RV is sitting on a piece of property with insurance that specifically covers it, your vehicle is most likely not insured. It does not matter whether the vehicle is sitting in storage or actively being used, owners need a policy designed specifically for these investments.
How Much Coverage Do I Need?
There are a few unique variables that will affect the amount of coverage that you need. Those that own their RV outright have much more flexibility when it comes to finding a policy, but anyone that has leased their vehicle through a lender might need a very specific policy. The value of the RV, how often it is used, who is driving it, where it is stored, and its safety features will all play a role in the total amount of coverage that is needed.
Recreational vehicles insurance will cover damage to the vehicle, damage to other property in the event of an accident, some of the personal possessions in the vehicle, and injuries. They will generally also include some coverage for any theft or vandalism that takes place while the RV is parked on or off your property.
From there, policies can be extended to cover practically any mishap imaginable. Owners can include add-ons such as injuries that take place on camping spots, coverage for uninsured/underinsured motorists, towing, roadside assistance, pets, and expensive personal belongings within the RV itself. An experienced insurance broker can help RV owners determine potential risks and then find a policy that covers those specific risks.