Overview
Recreation vehicles generally refer to an
enclosed piece of automobile that can be used as a vehicle, a temporary
travel home or even as mobile offices. RVs generally include
customizations such as extra desk space, an upgraded electrical system, a
generator and satellite Internet. Such recreational vehicles have
special insurance needs. An RV insurance policy protects you, your
traveling companions and your valuables when you're on a trip.
How It Works
Many RV owners believe that their homeowner's insurance policy gives
them RV protection, but this may not give the complete replacement value
of your vehicle. You can avail RV insurance for vehicles like fifth
wheel, travel trailer, bus conversion, airstream or camper Shell. You
can opt for a policy that offers total replacement coverage. When you
purchase RV Insurance, it is best to purchase a level of coverage that
suits your needs. You can also add a separate RV insurance coverage to
your current auto policy.
Benefits
Recreational vehicles can be quite expensive and if damaged, they can
be even more expensive to replace. So it is always beneficial to have a
reasonably priced RV insurance policy. The coverage options for RV
insurance include coverage for personal effects inside the RV, towing,
theft as well as the damage due to windstorm, flood and fire. With an RV
insurance policy, you will have the specialized coverage you need to
travel safely on the road.
Cost/Pricing
The premium amount that you pay for the RV insurance will surely be
very less when compared to the replacement value of the vehicle. You can
purchase a policy with low premium and large deductibles or go in for a
higher premium with low deductibles. It would usually be preferable to
go in for RV insurance with the same company that provides you auto
insurance. You may even get a discount because you are already an
insurance customer. You can reduce the claims on your RV insurance by
these few tips. Make sure you get a complete travel check-up for your
RV, confirm that the towing hitch, fire extinguisher and smoke alarms
are in working order.
Timing
The best time to go in for RV insurance would be when you buy a
recreation vehicle. You can also get one if you are planning to be on
road for a long time.
Companies/Industries
Many companies offer RV Insurance coverage policies. GMAC Insurance,
Progressive Insurance, Geico RV Insurance, Foremost RV Insurance Company
and Explorer RV Insurance are a few of the companies that offer
different types of RV Insurance policies.
