The reasons for funding discount RV insurance separately rather than simply adding it to your present auto insurance may include the following:
While on your trip, you will most likely keep things in your RV that you normally wouldn’t keep in your car. Protect your valuables: your clothes, jewelry, computers, camcorders, VCRs, and so on. Discount RV insurance can offer you greater peace of mind.
Certain liability may be involved while at a campsite. For example, you could be responsible if someone is injured near your RV. Having discount RV insurance could save you from a law suit.
Inevitable things sometimes happen while on vacation. Should your RV break down, specialized RV insurance may cover lodging until your RV is repaired, while regular auto insurance does not.
Most auto insurance policies do not cover most of these scenarios, so if you simply add your RV to your current auto policy, you could end up spending thousands of dollars should something go wrong. Shop around to determine the best discount RV insurance for your needs.
Some coverages that are offered:
- Body Injury and Property Damage Liability: This covers the cost to repair or replace damaged property, medical bills incurred by injured parties, lost wages of injured parties, and other damages you are legally obligated to pay as a result of an accident.
- Uninsured Motorist: Uninsured Motorists Property Damage covers damage to your vehicle caused by someone who does not have insurance.
- Comprehensive and Collision: Comprehensive and Collision cover the cost to repair or replace your RV if it is stolen or damaged in an accident, regardless of who is at fault.
- Agreed Value: Agreed Value protects the insured's investment in the RV without considering depreciation for total losses. The total loss payout is the Agreed Value as reflected on the declarations page. Proof of value is required for this option. For RVs purchased less than 2 years ago, proof is the purchase documents. For RVs purchased more than 2 years ago, the proof is an appraisal.
- Roadside Assistance: Covers mechanical or electrical breakdown, battery failure, insufficient supply of fuel, oil, water or other fluids, flat tires, lock-out, or entrapment in snow, mud, water or sand within 100 feet of the roadway
- Emergency Expenses: Can cover lodging an other expenses should your RV break down away from your home area.
- Replacement Cost Personal Effects: Replacement Cost Personal Effects coverage pays up to specified replacement cost limits for loss of, or damage to, the insured's RV contents that are normally used with the RV.
- Fire Coverage: This will cover fires that may occur when you are on your vacation.
Possible Discounts:
You may qualify for a multi-policy discount if you have more than one policy with a certain company. Certain other groups or situations may also qualify for discounts, including homeowners, insureds with full coverage who select the Paid in Full bill plan, married operators, Class C vehicles (mini motor homes), or people with deductibles greater than $500
Having discount RV insurance is a smart move and could be well worth the cost in the long run.
By R. S. Wagner