Recreational Vehicle Insurance
Recreational vehicle (RV) insurance is designed to protect individuals and families who own and use RVs. RV insurance can help provide financial protection in case of accidents, damage, theft or liability incidents involving your RV. Understanding the components and options of RV insurance is essential to make informed decisions about the level of coverage that best suits your needs and preferences.
What Factors Affect RV Insurance Rates?
The following are some common factors that typically influence the cost of RV insurance:
- Type of RV
- Value of the RV
- RV usage
- Geographical location
- Driving record
- Coverage levels
- Your age and RV driving experience
- Where and how you store your RV
- Your history of RV insurance claims
- Available discounts
- RV customizations or modifications
Is RV Insurance Required by Law?
RV insurance requirements vary depending on factors such as the type of RV and its usage. Generally, motorhomes are often required to have liability insurance covering bodily injury and property damage liability. Towable RVs may not have mandatory insurance when stationary, but lenders may require it for financed RVs. State laws and specific RV usage can affect insurance requirements, especially for full-time RV living. While liability coverage is usually the minimum, many RV owners opt for comprehensive coverage to safeguard their investments. Additionally, some campgrounds or RV parks may have insurance requirements for guests.
It’s crucial to check state regulations and consider comprehensive insurance to protect against potential financial losses.
What Does RV Liability Insurance Cover?
Available RV coverage options can vary by insurer but typically include the following:
- Bodily injury and property damage liability coverage may help pay for property damage or bodily injuries you cause while driving your RV and may help cover legal fees resulting from such accidents.
- Collision coverage may help cover repair costs for your RV in case of an accident.
- Comprehensive coverage may help cover damage to your RV stemming from incidents other than collisions, such as theft, vandalism or adverse weather conditions.
- Uninsured/underinsured motorist coverage may cover the resulting damage if you are in an accident with someone who doesn’t have enough insurance or lacks insurance altogether.
- Personal property coverage may cover damage to the contents of your RV, such as your furniture, electronics and other personal belongings.
- Emergency expense coverage may cover expenses related to emergency services, such as towing or roadside assistance.
- Vacation liability coverage may cover situations where a third party is injured in or around your RV while parked, such as at a campsite.
How to Get RV Insurance
If you need an RV insurance policy, we’re here to help. Contact The Bush Agency today for personalized coverage recommendations.