As families nationwide prepare to hit the road and enjoy recreation opportunities and peace of the wild, motorized RVs are frequently the choice to get the show on the road! A motorized RV acts as both a form of transportation and a source of lodging, and now offers more luxury features than ever before. Huge TVs, larger sleeping areas, and very comfortable overnight quarters are luring more new explorers than ever before to experience the calling of the open world.

What Is RV Insurance?

RV insurance will cover financial losses when your RV is involved in an accident that causes damage to property or sustained injury. The familiar bunch of Allstate, Farmers, Geico, Liberty Mutual, Nationwide, Progressive, and State Farm all offer RV insurance, offering their various forms of coverage to protect you while you embark on your next adventure. Even though RVs are large and sturdy, drivers can undergo some unexpected circumstances on winding roads and in many holiday situations. 

Here are two common forms of RV insurance:

Full-time RV Insurance: full -time RV insurance is for those who enjoy taking up permanent residence while on the road. This technically means living in a motorhome or travel trailer for at least six months out of the year. This type of coverage will typically provide: 

  • Comprehensive Coverage and Collision Coverage for your RV. These two types of coverage are usually paired together and will assist with paying for repair or vehicle replacement if it is damaged or stolen. Falling objects, floods, fire, acts of vandalism, and hail are some of the elements you will thankfully be protected from.
  • Personal Liability Protection will protect you from property damage and bodily injury you accidentally cause to others. RV campgrounds and state parks can be very busy locations, and it’s best to always have peace of mind for any freak accidents.
  • Medical Payments Coverage will help with covering the often-exorbitant bills for injuries that happen inside or close to your RV.
  • Loss Assessment Coverage will cover association fees if you happen to park in a location within an association that suddenly needs to make necessary repairs within the commons area.

Part-time RV Insurance is an excellent option for those who don’t call their RV home for six months a year or more. This type of policy includes vacation liability coverage that assists with damage and injuries in and around your RV during shorter trips. You can also purchase additional optional coverage that is considered a feature of full-time RV insurance.

Do I Have to Have RV Insurance? If your RV is officially considered a motorhome, you are mandated to purchase coverage in every US state except Virginia and New Hampshire. Even though these two states do not mandate coverage, it’s still a good idea to prepare sufficiently for anything that could happen to you while on the road.

If your RV can be towed behind your vehicle with the trailer, this could alleviate the need for separate RV insurance coverage. In this very common situation, as you’re preparing the tackle box and delicious foods for grilling, your car insurance policy may kick in and provide coverage for the RV. In some instances, you may even be able to locate cheaper car insurance options that will offer a form of RV coverage. If you’re financing your motor home purchase, your lender will mandate that you have comprehensive and collision coverage, as well as a solid liability auto insurance plan.

What are Some Forms of Optional RV Coverage?

  • Total loss replacement coverage pays to replace your RV with a similar make and model if it is completely destroyed. 
  • Actual cash value coverage will offer the replacement value minus depreciation. 
  • Coverage of Injuries will cover medical expenses for injuries caused by underinsured and uninsured motorists.
  • Campsite and vacation coverage will pay for injuries after incidents you cause to property or individuals when you are using your RV for leisure travel. This can happen during bad weather, or even in close quarters when personal items can be backed over or hurt when the departing party is in a rush.
  • Emergency expenses will allow for reimbursement for a hotel stay if your RV winds up seriously damaged. This can prove to be incredibly useful, as losing your sleeping quarters in a split second can provide a fair amount of duress!
  • Roadside assistance helps with towing, jump-starts, and the sinister + plan-sabotaging random flat tire!

How can I Enjoy Discounts on RV Insurance?

Here are some of the ways that discounts can become available for RV insurance:

  • Bundling Policies: if you can purchase multiple types of insurance, you will surely see significant savings. You can include auto and RV insurance with home insurance, condo insurance, or renters’ insurance. This is also a great way to save time every month and just deal with one easy payment.
  • Keeping a Good Driving Record: if you’re fortunate enough to have no accidents at all on your driving record, you could be eligible for a very welcome discount. As is common with auto insurance as well, this gives the company insuring you a clear picture of what they can expect.
  • Paying in Full: since so many covered individuals choose to divide up their payments over the cumulative year, insurance companies gladly offer discounts for paying the lump sum in full.
  • RV Safety Courses: this is an excellent way to learn more about the medium that will provide you so many future hours of enjoyment on vacation and reduce your costs after completion. Each year more Americans are choosing to excitedly hit the road in an RV, and these classes provide a way to get a handle on unique driving challenges.

With the rising trend of families enjoying the great outdoors in RVs, safety and precautions have never been more critical. At the Alexander Insurance of St Charles, we understand the value of your family’s well-being and your investment in your RV. Contact us now to find out more about your RV insurance options, and secure your future of adventuresome open-road exploration!