Why do I need RV insurance?

By Samantha Lemna | March 12, 2019

Is RV insurance worth the cost? Is it really necessary? Why do I need it? If you’re skeptical about what RV insurance offers you or you’re wondering why you shouldn’t just add your RV to your home insurance you’ve come to the right place. This article will walk you through the four reasons RV insurance benefits you:

  • It protects your recreation time and financial investment.

  • It offers better coverage than that provided through your home and/or car insurance for your RV.

  • You’ll receive specialized service with staff that understands RVs which is particularly important if you need to make a claim.

  • It’s cheaper in the long run.

  • Protect Your Recreation Time and Financial Investment

    The whole purpose of insurance is to help you recover from a loss. RV insurance specifically helps you protect your recreation time and financial investment by offering specialized coverage that fits the lifestyle and risks that come with RVing. Coverage includes:

    • Physical damage or loss to your RV its contents and its detached structures

    • Liability coverage if someone gets hurt on your property

    •  Emergency roadside assistance 

    • Emergency vacation expenses (trip interruption)

    • Travel discounts and advice

    There are generally specified causes of physical damage or loss that will be covered. For example theft fire storms and driving accidents are commonly included. Your RV is also protected whether you’re out camping parked on a rented lot or if your RV is in storage.

    You can also add on the following optional coverage:

    •  Outdoorsy RV-sharing 

    • Earthquake

    • Golf cart

    • Full-timer

    • Additional liability

    • Additional physical damage perils

    • Extended policy limits for contents

    • Extended policy limits for outbuildings

    These options give you additional coverage. You may need these add-ons if you’re travelling to certain destinations or have high-value contents in your RV.  A knowledgeable broker can help you determine what you need.

    RV Insurance Offers Better Coverage

    Many RVers add their trailer to their home insurance to protect their RV. However this not always the best option for these reasons:

  • Lower policy limits (meaning you may need to pay more out of pocket to repair or replace your RV).

  • Fewer causes of damage are covered

  • Contents and outbuildings are not included.

  • No emergency vacation expense/trip interruption coverage if you’re camping and something happens to your RV.

  • No roadside assistance.

  • You may not have liability coverage.

  • Your RV may not be covered if in storage or while you’re camping.

  • If you travel to the US your RV may not be covered.

  • Keep in mind that for your home insurance to cover an RV you will likely have to notify your broker or insurance company.

     Relying on your car insurance may also not be the best option as car insurance will only offer liability coverage while your trailer is being towed. That means you’ll be on the hook to cover the costs of repairs or replacement of your RV and its contents.

    RV insurance will offer you more protection and coverage in the event of an accident damage or theft.