Pack it up and hit the road; just make sure that you insure it properly first.
There are two major types of RVs; first, a self-propelled vehicle, such as a motor home. The second type of RV would be the “tow behind” variety. Making a distinction between the two types of RVs is important because each type has its own inherent insurance coverage needs.
Because a motor home is self propelled it will require some different coverage options than a trailer. The most important type of coverage you can protect yourself with is liability insurance coverage. Even if you purchased a very expensive motor home, paying to replace it will likely be easier than paying a settlement after a lawsuit in which you injured or killed someone with your motor home. Comprehensive and Collision coverage can be added to your policy to protect your financial interest in the motor home.
Finding coverage for your motor home is easy. Your regular auto insurance company should offer it, but if they don’t, call any insurance provider in your area. Once you give them the information about the motor home they can give you a quote on it. Typically, motor home policies are annual policies instead of six month policies, but because the insurance company realizes that this is a recreational vehicle, the premium will be very low when you consider what you paid for the motor home.
Whether it be a fifth-wheel or a bumper pull, a huge trailer with multiple slide-outs or a little pop-up trailer, you can insure your “tow behind” RV fairly easily. Before you purchase coverage on your tow behind RV, it is important that you understand what kind of coverage you need for it. In most states, liability coverage extends from the vehicle doing the towing. That means that all you really need to worry about protecting is the trailer itself. If you took a loan to buy, then you will be required to have comprehensive and collision coverage for your trailer. Some insurance companies will combine comprehensive and collision coverage into on coverage called physical damage coverage.
Finding insurance coverage for your tow behind RV is easy as well. Again, your current auto insurance provider should have something to protect your trailer, but if they don’t, it will not be difficult to find a carrier who does. Rates on recreational trailers are very affordable depending on the deductible you choose.
Having a RV can be a great adventure for your family, just be sure to protect yourself before you hit the road.