You have made a huge investment in your vehicles. Unfortunately, they can cause major injuries and significant damage to other vehicles and property in an accident.
When taking a well-deserved vacation, the last thing you need to worry about is whether you and your RV is adequately covered should you experience a claim. However, an unexpected accident could affect your lifestyle and cost thousands if you are not prepared. Your homeowner and auto policy are not sufficient for your recreational vehicles.
It's similar risks to auto insurance and includes collision, comprehensive and liabilty. You may include protection for personal belongings on board, equipment and attached accessories such as awnings and satellite dishes. Additional coverage options include:
• Total loss replacement coverage
• Campsite and vacation coverage
• Emergency expenses
• Towing and roadside coverage
• Coverage if your RV is your full time residence
• Uninsured and underinsured motorist coverage
Motorhomes are required by law to have liability insurance while being driven on the road in most states. Full coverage can be optional based on whether you have the vehicle financed, but just because full coverage is optional does not mean you should necessarily opt-out.
Financed RVs are generally required to carry full coverage because lenders want reimbursement on their loan in case of a loss.
Rental RVs are your responsibility while in your possession. It is important to make sure you have insurance coverage on the RV. Check with your auto insurance carrier to see if coverage extends to an RV you are renting. RV rental dealers usually either automatically include insurance in the price of the rental or have short-term policies available for purchase.