Motorhome insurance is designed to cover the costs of repairs to your motorhome, as well as any other expenses that may be incurred when using it. This insurance differs from most other forms of insurance because it does not depend on the health of the person insured as to how much the premium will be. The amount is determined by how much the car is worth and how safe it is. There are different levels of coverage provided through different policies. If you already have other types of insurance for your motorhome then this will usually be a simple addition.
Insurance companies do not offer motorhome insurance coverage that is independent. Most of the time you have to buy this from an independent agent or broker. These agents or brokers can shop around for the best rate on RV insurance and can provide information about the different kinds of policies available. Some people prefer to use an independent agent or broker because they feel more comfortable dealing with them and many of them are also knowledgeable about the motorhome industry.
There are several types of insurance that your policy may include. Most policies will cover theft or damage of the insured’s personal property. Some policies will cover medical bills incurred by others while operating the vehicle. Some policies will also cover the uninsured or underinsured driver’s liability. Bodily injury and property damage coverage, which may also come in a separate policy, may also be needed.
If you want to insure more than one motorhome, there is recreational vehicle insurance for multiple RVs. You can add a travel trailer to your existing motorhome insurance or if you already have it, you can purchase a new travel trailer or add it to the insurance of your existing RV. This type of insurance is usually referred to as ‘multi-vehicle insurance’. It is important, however, to remember that even if your policy does not specifically cover recreational vehicles, it is still a good idea to purchase the coverage you need. It is cheaper to have insurance for multiple RVs and if you ever need to make a claim, it will be less expensive to have the insurance for all of the vehicles at once.
Another type of recreational vehicle insurance is general liability insurance. This will cover damage and injuries to others caused by you while operating the motorhome. Depending on your state, some laws may require this type of insurance to be carried by all drivers. However, you may also be able to purchase the specific policy for your state. Be sure to ask your insurance agent what the law is regarding this type of insurance.
In the case of an at-fault accident, the most common type of policy includes property damage liability coverage and bodily injury liability coverage. The property damage portion of the policy will pay for damages to the RV due to an accident including fire damage, water damage, vandalism or theft. The bodily injury portion of the policy will cover medical expenses or funeral expenses incurred as a result of an accident. Bodily injury liability coverage varies from state to state. Be sure to check with your insurance agent and obtain the specific limits of bodily injury liability coverage before purchasing the policy.
Many people opt to include personal property coverage with their recreational vehicle insurance policy. This type of coverage will replace the cost of the property damaged in an accident. This will include furniture, personal items, clothing, bath products, antiques, or other property that you may own. You will also need to have the appropriate endorsements for personal property coverage on your policy. If your RV has awnings or windows, there will also be separate coverage for these additions.
Having adequate coverage for your motorhomes will protect you against unexpected expenses that often occur after you tow or park the motorhome. Paying for towing, gasoline, or any other out-of-town services can be costly. In addition, if a guest in your motorhome is injured in an accident while on your property, liability coverage will pay medical expenses. The cost of replacing personal property, such as computers or expensive jewelry, is another expense that often occurs after you park your motorhome. Personal property liability coverage may also cover damage to a motorhome that is damaged by fire or water. Without appropriate coverage, you could be responsible for paying for the repair or replacement of your RV.