Recreational vehicles are motor vehicles or towable trailers made for living during a short or extended time. Vehicles in this category include small pop-up trailers to large, multi-bedroom motor coaches. Recreational vehicle insurance not only protects your investment, but it also protects you from liability when an accident or injury occurs.
Recreational vehicle insurance is not the same as automobile insurance. If you have an RV, then it is important to have insurance specifically to cover the RV.
Coverage for recreational vehicles has several options. It is important to speak with an insurance agent, and to learn what coverage is best for your situation. Failure to do so can result in getting less or more coverage than necessary.
Total loss replacement is good for someone who has an RV that is less than 5-years old. If the vehicle is irreparable following an accident, then total loss replacement will replace the vehicle with a similar vehicle. The policyholder will not have to struggle to replace their RV.
Fulltime liability is for people who use an RV as their fulltime living space. It is like homeowners insurance, but for a vehicle that serves as a home. This coverage takes care of medical expenses and emergency treatment for anyone injured in or around the recreational vehicle.
Campsite liability is for when the recreational vehicle is in use for a short period, such as on vacations.
Sometimes RV insurance includes replacement of personal belongings. In the event of total loss, this will pay to replace everything in the vehicle, including clothing, tools and other personal items. Emergency expenses coverage is an option that reimburses you for expenses while away from your primary residence.
It is best to speak with an insurance agent when considering recreational vehicle insurance. They will help you understand your options, and premium expectations. With the right guidance, you will have the knowledge to select the best policy for maximum security.