RV Insurance Coverage Made Easy

Congratulations... you are the proud owner of a new Motorhome or Travel Trailer! But where do you start when it comes to purchasing insurance? What types of coverage will you need?

The first thing to keep in mind is that RV insurance differs from a traditional auto insurance policy. The key to ensuring that you are adequately covered is knowing what is available and how it will benefit yourself and your family.

Aside from the standard Comprehensive, Collision, and Third-Party Liability coverage that you will always carry with any type of motorized vehicle, our RV policies will offer you the following coverage:

• Vacation Liability -Vacation Liability pays up to the specified limits for Bodily Injury and Property Damage for which you are legally responsible as a result of an incident that occurs while your RV is being used as a temporary vacation residence. We typically quote with a $10,000 limit, but you have the choice to purchase higher limits if desired.


• Full Timers Liability - Similar to the liability coverage you would carry on your homeowners policy, this coverage would be for Full Time RV users who use their units as a Primary Residence, 6 months or more out of the year. These limits would be higher, and typically will match your Bodily Injury/Property Damage limits. You would carry either Vacation Liability or Full Timer's Liability, never both.


• Emergency Expense - This is a great coverage to have in the event that you are unable to stay in your RV due to damage or loss. This coverage provides reimbursement for items such as lodging, transportation, etc.


• Personal Contents- Never make the mistake of forgetting about all of your valuable personal items inside your RV! Make sure you add on Personal Contents coverage to protect everything from your TVs and laptop computer to your cookware and bed linens!


• Medical Payments - This coverage protects you and the occupants of your RV. It is limited to the expenses of medical care only, and pays out regardless of who is at fault in an accident.


• Personal Injury Protection (PIP) - This coverage is an extension of Medical Payments, and applies to medical bills, lost wages, and loss of services incurred due to injuries sustained involving a motor vehicle. This would cover you whether you are a driver, passenger, or pedestrian.

Now that you have a better understanding of what is available, you also will want to learn about how your policy will pay out in the event of a loss. The options available to you will depend on the age of your unit.

• Total Loss Replacement Cost- This will replace your RV with a new unit if you suffer a loss within the first 5 model years. This is a great coverage to have, as the company replaces old with new. This is only available if you have a newer model, and the age requirements will vary according to the company that we are quoting with.


• Purchase Price Guarantee - If you have a total loss, the purchase price shown on the policy would be paid toward the purchase of another RV.


• Agreed or Stated Value - This will pay the dollar amount that you select, regardless of current market value.


• Actual Cash Value - This will pay the actual market value at the time of loss... this would be calculated as Replacement Cost minus the depreciation.