It’s crucial to have adequate coverage to protect your valuable assets in case you are involved in a serious accident. Unfortunately, without sufficient liability coverage, you can easily go into debt or even lose the precious things that you value a lot, such as your personal belongings and RV.
However, insuring an RV can be a little tricky compared to insuring your home or a car. In most cases, you may need some sort of hybrid of home and car insurance to fully protect it. Thankfully, many insurance providers provide various RV insurance options for a recreational vehicle depending on how you want to use it. This article explains why you need Good Sam RV insurance.
What you need to know about an RV insurance
An RV insurance refers to an agreement that you make with the insurance company to protect your travel trailer, motorhome, camper, and many more. You are spoiled for choice on the type of coverages designed to protect your vehicle. In this way, you can have the peace of mind knowing that your RV is well protected, and you can use it for vacations or as a permanent residence.
Keep in mind that you may need liability coverage for your RV if you intend to drive it on the road. However, if you’re towing a travel trailer, your state may not legally need you to insure the RV because it’s liability is already covered on your auto insurance policy.
This is the reason why your agent or insurer may ask you various questions about your RV and how you intend to use it. Ideally, this can help you to choose the right coverage that best protects you and your RV. In most cases, more coverage can mean that you need to pay a higher price.
So if you damage your RV, you damage someone else’s vehicle or cause injuries, then you can file a claim with your insurance company. The insurer can pay for the injuries or losses if your claim is covered up to its coverage limits.
As you can see, you need an RV insurance regardless of whether it’s the state’s minimum for liability or not. The good news is that you can try The Wandering RV to find out the most suitable RV Insurance for you. They can also assess your requirements and let you know the state’s minimum requirements. Unfortunately, failure to have liability insurance can lead to fines, your license being revoked, or even jail time.
How you can determine if you require an RV insurance
As explained earlier, RV insurance requirements depend on the state to state. Hence, you can check your state’s RV insurance requirements to make an informed decision. The only situation you may not need an RV insurance is when you pull your RV behind your vehicle and you have outright ownership. In other words, you need liability insurance if you have a loan or the RV can travel on its own.
In most situations, the liability insurance you may need is the same as the state’s requirements for your car. Therefore, when you’re trying to figure out how much the insurance coverage you require to legally drive it on the road with your recreational car, check for both property damage liability and bodily injury.
RV insurance coverage categories
It can be tricky to determine the exact category of your RV. This is the reason why it’s important to understand the various categories of the RV to make sure that you have the right insurance coverage. Here are some of these categories:
Class A RVs
If your RV measures more than 20 feet long, it’s likely that you’re driving a Class A motorhome. This vehicle can travel on the road on its own, so your state’s liability requirements for such vehicles can apply. This means that an RV insurance is required before you drive it on an open road.
Class B RV
This category is for a camper van that is considered as a class B motorhome. A camper van is motorized, meaning you need camper insurance. You’ll be in safe hands if you have a cover that meets your state’s minimum liability requirements.
Class C RV
Class C RVs are built on the chassis of a truck or a van. So if the lower-front part of your motorhome looks like a van or a truck, you may be driving a class C RV. You can drive this RV, meaning you require to have an RV insurance.
What is covered in the RV insurance
Now that you understand the categories of RV insurance, you need to know what’s covered in the insurance. Many standard RV coverages include the following:
Damages to your RV
You can opt for comprehensive and collision insurance coverage that protects your RV from acts of nature, vandalism, theft, windshield damage, accidents with animals, rock and debris that other vehicles kick up, and many others.
Collision covers any damage to your RV involving an accident with another vehicle or a hit to an object, no matter who is at fault. However, you may not buy collision coverage without also buying comprehensive insurance coverage.
Injuries or damages you cause
When it comes to property damage and bodily injury liability, it means that the insurance company will pay for the injuries and damage you cause while driving your RV. Besides this, it will cover the legal fees that arise due to the accident. While this is the requirement in most states, coverage doesn’t involve travel trailer policies.
Damages to your RV from uninsured drivers
This applies to your RV in cases when it’s hit and damaged by someone else who either doesn’t have sufficient insurance cover or wasn’t carrying insurance at the time of the accident. Because they were uninsured or underinsured, it means that uninsured or underinsured motorist property damage will pay for repairing or replacing it.
The same applies to the injuries you may suffer because of the uninsured or underinsured party. Your insurance coverage will pay for your injuries up to the limit of your insurance policy.