Posted by Tim Sine in: RV

RVs can make for great adventures. Whether you have a luxury home on wheels or a little camper, an RV allows you to explore. However, this exposure comes with risk, and you will want to financially protect yourself and your valuable investment, as damages or injuries are not a rare occurrence. The first thing you will need to consider is the type of RV insurance you need. This will depend on the kind of RV you have, specifically how you maneuver it.

What Type of RV Do You Have?

If you have a motorhome, you will need insurance for it. Generally, liability insurance is the minimum requirement, which covers damage or injuries you cause with your vehicle. If you drive your RV instead of tow it, it is categorized as a separate vehicle that will require different insurance. However, if your RV is a towable trailer that you hook up to a car or truck, then the liability coverage from your regular auto policy can extend to the trailer, covering damage or injury your trailer may cause. However, your insurance agent must be aware of the trailer and have it listed as an injured vehicle under your existing policy.

Keep in mind that if you purchased your RV with a loan, your lienholder might require you to have full coverage, regardless of the RV type.

The Coverages

RV insurance will typically include some coverage options that most car owners are familiar with, and other options more specific to RV needs.

Essential coverage options include:

  • Liability coverage
  • Uninsured and underinsured motorist
  • Comprehensive coverage
  • Collision coverage
  • Personal property

Some optional RV coverage you may see:

  • Personal attachments coverage
  • Residential liability
  • Full replacement cost
  • Storage
  • Roadside assistance
  • Pet injury
  • Emergency expense

Full-time RV Living Vs. Occasional Trips

If you live in your RV full-time, you should check out a policy that is designed for that. You will likely want liability coverage and protection for your RV, the surrounding area, personal belongings, and medical expenses if an individual was to become injured inside or near your RV.

If you have an RV that you don’t plan on using all year round, you may want to consider a policy with a storage option. This could allow you the opportunity to save money by temporarily pausing the coverage you don’t need while the RV is not in use. If this is the case, you can do this all while maintaining the coverage that protects your RV, and your possessions inside it, from the damage it could endure while it’s not in use.

About Sine Insurance

At Sine Insurance Group, we are dedicated to providing you with custom-tailored insurance policies to protect your assets. Our comprehensive packages have been expertly crafted to serve St. Louis and the surrounding areas for the past 25 years. For more information about our products, contact us today at (855) 700-0889.