Top 6 Common RV Insurance Pitfalls
– Make Sure You Know The Answers To These Questions Before You Buy RV Insurance!
| Insurance probably isn’t the first thing on your mind if you’re
the owner of a motor home or travel trailer. Does your coverage adequately
protect you from loss? Even if you have insurance specifically for your RV, you should know that there are a lot of key disparities from one specialty insurance policy to another, which may leave you uninsured and unfortunate if something happens to your RV. You need to be able to answer these questions: a. Are you covered from state to state? Will your rates change if you move to another state? b. Are you covered if someone other than you (named insured) is driving? c. What is the best way to handle claims when you’re on the road? |
d. Will items you have added to your RV and the contents of your RV
be covered in the event of a total loss?
e. Are you still fully covered if you’re traveling in Mexico or
Canada?
f. What discounts are available?
Accidents can occur anywhere and without warning, so it is suggested that you have collision coverage for any RV that you drive on the open road. Accidents can happen while you are parked in a campground: recreational vehicle owners need also to think about personal liability insurance that covers more than just a personal injury claim resulting from an on-road accident.
One insurance company has stated that is receives 400 claims each year involving fires around the back of the refrigerator caused by leaking propane lines. To avoid becoming a statistic, take your RV to an authorized repair facility annually and have the entire LP gas system checked.
Each RV policy has several variables that take some or all
of the following into account:
§ RV type and model
§ The state in which the policy is issued
§ Other vehicles in the household
§ Driving history of insured parties
§ Amount of coverage desired
Collision insurance covers any damage to the RV if any type of collision occurs. The property inside of the RV should also be covered, since RVs can be dwellings as well as vehicles.
Look for these coverage options if you are shopping for RV
insurance to ensure the most complete RV policy:
§ Total loss replacement: If your RV is totaled for any reason
this coverage will supply you with a brand new similar RV if you are
the original owner and it is less than 5 years old.
§ Personal contents coverage: This gives you the money to replace
items such as clothing, jewelry, cookware and kitchenware, etc.
§ Towing and roadside assistance coverage: Covers the towing of
the RV, locksmith services, fuel refill, and battery recharging.
§ Emergency expense coverage: Covers your hotel, food, rental car
and even airline expenses if you need it.