Whether you are only using your RV once every season, or are practically calling your RV your home, you need RV insurance. Getting an RV is not a small decision, and is also a huge investment for many. After saving up for ages to get your RV, you definitely do not want to have to fork out even more if anything breaks down, or worse, if your RV gets damaged or stolen by someone else.
Getting insurance for your RV might mean that you will have to fork out a bit more every month, but it is going to be worth it if anything goes wrong with your RV in the future. Now that you are considering getting insurance for your RV, you are probably also thinking of which insurance to get, and what to look out for when making the decision. We have got you here, so read on to make a more informed choice when it comes to purchasing insurance for your RV.
The coverage of basic RV insurance
Different policies offer different coverages, but most will cover these basic areas. Firstly, it should include liability insurance. If you run into an accident while using your RV, liability will cover the injury or property damage incurred by others, up to the limit in your plan. It should also include collision and comprehensive coverage, which will cover the cost of repairs to your RV if you are in a crash or if you knock your RV into objects. Comprehensive coverage will cover things such as the theft of your RV, vandalism and more. A basic policy will also include uninsured/underinsured motorist and motorist property coverage. This will mean that both you and your passengers’ treatment for any injuries caused by RV usage will be covered by the plan.
How to evaluate RV insurance policies
There are so any things to consider when deciding on which RV insurance policy to go for, so here are a few factors that you should take into consideration when you are trying to choose one.
The law in your country might require specific coverage for RVs, so make sure that the coverage provided by the insurance policy fits the requirements. Besides meeting the minimum legal requirements, you will also have to consider if you will want to increase the coverage limits to increase the amount you can potentially claim in the future.
The coverage that you will require and the cost of insurance is mainly determined by the class of your RV. RVs are divided into three classes based on their size, features and capability- Class A, B and C, with class A being the most luxurious class of RVs.
Some additions to the basic RV plan that you can consider include full replacement coverage, which will pay for replacement of your RV if it is totally damaged or stolen, coverage for personal belongings, which will insure your belongings on the RV up to a certain amount, and vacation liability, which covers losses from bodily injury and property damage that occurs when you park your RV at a vacation site. Of course this list is not exhaustive, and there are many other special add-ons which you can explore.
- Quality of customer support
You will want a good and pleasant experience while claiming under your RV insurance, so make sure that you pick a company with good customer support. You can first do a check on the customer service pages of the insurance companies that you are interested in to see if there are adequate customer support features available.
RV insurance is going to cost you quite a bit, so make sure to choose one that is worth its value. Insurance for Class A vehicles will typically put you back by around $2000 annually, while insurance for Class B vehicles will usually cost around $700 in annual premiums.
Besides the annual premiums you will have to pay for the insurance, also look into the deductibles under the insurance policy, as you are responsible to pay for that amount before you can make any insurance claims. Compare the cost of the insurance policy to the coverage you will get to make a cost-effective choice.
Some of the best RV insurance policies around
Choosing the right RV insurance policy for you can be a very personal choice, but we will give you an introduction to some of the best reviewed RV insurance policies around so that you will have somewhere to start with.
- Good Sam RV insurance
Insurance from Good Sam has a 96% overall customer satisfaction rating. It is also a cost effective choice, as customers report an average of $389 in savings every year. They also provide total loss replacement for your RV under their plan, and also offer specialised coverage for those full time RV campers as well as first-time weekend RV campers, making sure that no one is left out. A special feature that they offer is the RV storage option, which will allow you to turn off your coverage when your RV is not in use, allowing you to save more.
Similarly, customers here have also reported an average of $389 in savings annually under this insurance policy. They cover everything, ranging from Class A RVs to pop-up campers. Buying insurance from here is extremely convenient, as you will be able to get a quote and make your purchase all online without having to even leave the comforts of your home.
If not being able to speak to someone before making a purchase bothers you, fret not, as they also provide the service of allowing you to speak to a professional, licensed agent to help you to build your perfect RV insurance plan.
- National General RV insurance
Here, they offer plans with a “turn-off” option for liability and collision when your RV in storage, allowing you to save up to 53%. This will be a good option if you are not a frequent RV user. They also cover your personal belongings as well as installed attachments to the RV.
There is also the option for full-timer coverage, and total loss RV replacement. The customer service provided is also top notch, as with their 24 hours claims support, you will not have to worry about not being able to contact anyone no matter when an accident occurs.
- Progressive RV insurance
If you are in US or Canada, Progressive provides 24/7 roadside assistance, making sure that there will always be someone available to help you even if it is 3am at night. They also cover total loss replacement costs and vacation liability. Besides that, you can also opt for a comprehensive spectrum of coverage, such as personal and property damage liability. Something to note, however, is that they are not highly reviewed in the area of customer service, so do ask around about how they deal with their customers if you know of anyone under their plan.
- Blue Sky RV insurance
Something special about Blue sky insurance is that they provide comprehensive emergency roadside assistance as a part of their standard plans. This includes mechanical first aid, fuel delivery and many more. Multi-vehicle discounts are also available, and is something that you can look into if you own more than one RV. The insurance is depreciation free, and they also offer features such as total loss replacement for your RV insurance plan.
Insurance is one of the most important things that you can get for your RV. RV life is unpredictable, and most people are bound to be faced with a problem or two in their RV journeys. While it might cost a little extra every year, it will give you a peace of mind as you will know that you will not be faced with a hefty bill if an accident happens or if something else goes wrong with your RV.
Insurance plans are highly customisable, so do explore all the options out there to build up a plan that will suit your needs best. Hopefully, you now have some basic idea on what RV insurance is about, and where to start looking for the RV insurance for you. Stay safe, and happy camping on your RV!