Understanding RV And
Motorhome Insurance Coverage
By Jim Johnson
Tip!
One thing I should mention is that insurance cover for motorhome
rental can be expensive and you should know up front exactly what
you are covered for. Take time to review the policy.
Actually RV and motorhome insurance
is not as expensive as you may think in many cases. This is especially
true if you shop around and do your homework rather than just accept the
first policy that comes your way.
Of course, this kind of due diligence
can be a little time consuming, but it is often well worth it. You also
don't want to just get away with as little insurance as possible,
especially if you happen to live and travel in your motorhome.
Your goal instead is to get the most RV INSURANCE coverage for
the best price. |
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Of course you will want to have collision
coverage for any RV that you use on the open road, as accidents
can happen anywhere and without warning. But you need to ask about what
kind of collision coverage you are getting.
For instance, if the entire RV is destroyed or damaged too badly
to be repaired at a fair cost, how much will you receive for it? If you
don't have a policy that provides for replacement cost, you may wind up
receiving a much smaller settlement that will be inadequate for buying
another comparable RV to replace it. So be sure to ask and if it costs
more to get this kind of total replacement coverage, it's often a good
idea to go ahead and get it anyway.
Tip!
Next you have the RV class that falls right in between the first two,
the Class C. This motorhome is also usually built on a van chassis but
it is usually larger than the Class B, but smaller than the Class A.
Another important coverage for
motorhome owners to consider is personal liability insurance that
covers not only a personal injury claim resulting from an on the road
accident, but also an accident that may arise while you are parked in a
campground. Most RV insurance policies have the
former, but many lack the latter kind of insurance. But suppose someone
slipped and fell coming out of your RV while it is parked, or was
injured in some other way on your campsite while staying overnight? It
can be a wise choice to have the added coverage that provides for just
such situations.
Also examine what the personal property
damage coverages are in your RV insurance policy. The typical
amount of property damage coverage is very small and wouldn't even begin
to cover all of your valuables and possessions in the case of a major
accident. And if you carry a lot of expensive things with you as you
travel, you may find that you would not have enough provided by your
insurance coverage to replace them if they were destroyed. Oftentimes
increasing this kind of coverage is not very expensive, so why not
investigate it and see what is offered?
Finally, be sure to inquire about any
and all discounts that are available to you as a motorhome owner. Many
RV insurance companies will offer discounts for good driving, for
non-smokers, for anti-theft devices and more. It never hurts to ask and
see if you can get quality coverage for less. |
