RV Insurance Misconceptions

The way you insure your recreational vehicle is important. It is a vehicle. It does need all of the insurance protections that most vehicles do. However, it’s also a home. It has many of your possessions on board. And, in many cases, it also has a very high value. What does all of this mean when it comes to buying RV insurance? You need a comprehensive plan that addresses the way you use your vehicle. The needs you have may vary based on whether you park and live in your RV or if you take it from one location to the next on a routine basis. And, of course, many RV owners do both!

What’s Different about RV Insurance and Auto Insurance?

It’s a common misconception that a basic auto insurance plan is adequate for RVs. Generally, this is not the case. The main difference is that your RV is more of a house with wheels. That means you’ll need to extend your insurance coverage further than what most traditional auto insurance plans offer. What differences should you keep in mind?

• You’ll need a higher property insurance cover limit. Most recreational vehicles are much more valuable than average cars.
  
  
• You’ll likely have a higher amount of personal property cover needs as well. From televisions to laptops to large systems on board your RV, you’ll need a plan that provides extensive protections in these areas.
  
  
• Because of the higher value, you’ll also need a higher amount of liability insurance. These vehicles can do more damage when involved in an accident. And, because they tend to be on the road often for long trips, that also adds to your need for more coverage.

Common RV insurance includes bodily injury and property damage. It also includes comprehensive insurance, collision insurance, and vacation liability. Most also benefit from towing insurance, roadside assistance, and emergency expense cover since these are expensive vehicles to repair on the side of the road. And, a full timer’s package may be best for those who use their RV for their primary residents. For those that carry a high amount of valuables, a personal effects replacement cost rider is also a good investment.