Insurance helps protect you, your family and your assets so you want to be sure you have the best coverage available for your RV. While shopping for insurance on my RV, my husband and I did not accept the first offer we found, we shopped around for the best coverage for our money. In the end we stayed with our current auto insurance because they offered us the best deal. Be wise and spend some time doing the research on the different types of coverage insurance companies offer. Here are my personal tips on finding the best insurance coverage for your RV.
This first section covers the types of insurance available for RV owners. I have compiled the information in a way that is nonspecific to any particular auto insurance company.
Type #1: Liability only
Liability insurance covers property damage and bodily injuries that caused by an accident where they insured is at fault. Liability insurance is required by many states.
Type #2: Uninsured/Underinsured Motorists
Uninsured/Underinsured Motorists covers you for bodily injury and/or property damage that occurs in an accident, when the at-fault person is uninsured/underinsured.
Type #3: Medical Payments
This covers the insured and all passengers for medical expenses, from a severe injury, that may come because of an accident.
Type #4: Personal Injury Protection
This insurance covers your medical expenses not matter who is at fault.
Type #5: Comprehensive (not including collision)
Comprehensive coverage for an RV is identical to the comprehensive coverage on your auto insurance policy. This covers damage done to your RV that is due to other circumstances, not resulting from an accident, such as severe weather, theft, or fire damage.
Type #6: Collision
Collision covers the cost of repairs to the at-fault, insured person’s RV and it covers you if you have a collision with an object that is not a moving vehicle.
This second section covers the types of additions you can add to your insurance policy.
Here are five types of coverage you can add to your current or future RV policy.
Addition #1 Vacation Liability
Many insurance companies offer campsite coverage. It covers you from being held liable if you are careless while vacationing or camping in your RV.
Addition #2 Total Loss Replacement
This ensures that you can receive a new RV in the event that your RV is totaled in an accident that your RV insurance covers.
Addition #3 Personal Effect
This covers your personal contents that are stored in your RV.
Addition #4 International Coverage
Some insurance companies will insure your RV for travel into Mexico or Canada.
Addition #5 Recreational Vehicle coverage
This most often covers golf carts, small boats, and mopeds.
My husband and I currently have liability only on our RV. We chose this because our RV is ancient. We included roadside assistance that covers us for emergency roadside needs as well as towing. We are very satisfied with our insurance, especially since we also get the multi-vehicle discount.