Just as your home and car have insurance, your RV needs insurance too. This is especially important for full-time RVers living out of their RV. You need insurance that will cover all possibilities as you travel across the country and through any number of situations and circumstances.
RV insurance will protect your vehicle in the event it is damaged in an accident. You can get additional protection for the belongings inside the RV too and liability coverage to protect your RV anytime that it is parked. Some RVers even look to get medical insurance, roadside assistance, and emergency expenses coverage. You never know what can happen when you live on the road, so it is best to have all your bases covered.
Standard RV Insurance
Comprehensive and collision coverage: This will cover theft, vandalism, fire, weather-related accidents and damage, and collisions with animals. If you have an accident with an object other than another vehicle, the collision has you covered to repair or replace your RV. For both of these coverage options, you will have a deductible to pay. If your RV is damaged during a storm or after hitting a deer, then you will pay the deductible and the remaining costs for repair will be covered by your insurance.
Liability: If you drive your motorhome or RV, then liability coverage is required by law. If you only have a traveling trailer, you do not have to get this coverage. If the trailer is pulled by another vehicle it will not need coverage, but the vehicle you are driving will. This coverage covers and pays for any damages or injuries that you cause. Medical expenses and damages to the other party will be covered in accidents that you cause, up to the limit on your policy.
Uninsured motorist (UM or UIM): If you are hit by an uninsured or underinsured driver, this coverage protects you. It will cover your injuries, damage to the RV and any wages lost if you are unable to work.
Medical payments: This coverage will cover medical bills resulting from an accident. Injuries to you and your passengers will be covered, regardless of who is at fault. This only applied to RVs and not travel trailers.
Extra Insurance Options
Roadside assistance: This is a great option for full-time RVers. You never know what is on the road ahead and you can break down at any time. You may not be in a place that you know well, so roadside assistance is a benefit to have. This coverage will tow the RV to the nearest repair shop. In addition to this, it will also cover fuel delivery, tire repair, dead battery replacement, and mechanical breakdowns.
Vacation liability: While you are on vacation, this is wise insurance to get. If anyone is injured in or around your RV, you will have liability coverage up to the amount you agree upon with your insurance company.
Full-timer’s liability: This is highly recommended for those living in their RV. If the RV is your residence, this will cover injuries in and around the RV up to a certain amount.
Replacement costs: You can request coverage for a specified amount to cover your personal items in the RV such as laptop or camera equipment.
Pet coverage: If your pets are traveling with you, you can also get them covered. If they are injured while traveling in the RV, this coverage will pay their vet bills up to a specified amount.
Emergency expenses: This covers expenses that may arise if you become stranded as an emergency during your travels. Hotel costs and transportation will be covered if you are more than 50 miles from your home.
Total loss replacement: If your RV is your residence, you do not want to be homeless should there be an accident. This option will cover the replacement of your RV should it be damaged beyond repair in an accident. Most policies will cover replacement with the same model year or later if not available, even if it is more expensive than when you bought yours. You can also receive a reimbursement if you decide not to replace the RV. There will be a deductible in both cases.
Full-time RVers need to protect their RV. It is their home. There is no way to predict all that can happen to live on the road, so the best option is to be prepared. Get insurance coverage so you do not have to stress and worry. With all bases covered, you can enjoy your RV lifestyle, and leave the handling of accidents to the insurance companies. You chose the RV life to reduce stress, and insurance coverage for your RV is the best way to keep stress low.