Before you take to the open road in your home on wheels, make sure you’ve got sufficient motorhome insurance to protect your vehicle, its contents and any of the myriad geegaws, gadgets and accessories you’ve tacked onto that baby.
Your homeowners insurance policy may provide some limited coverage for damage or theft to a recreational vehicle while its parked in your garage, driveway or a campsite. But once you’re rolling, all bets are off. You need special RV insurance or, if you’re hitching up a trailer, towable vehicle insurance (although your auto policy may provide some coverage for a trailer).
Trying to insure your motorhome with an average car insurance policy will leave significant gaps in your RV coverage. For example, the replacement cost of your RV is likely to be much higher than that of your car. Look for RV insurance that includes total loss replacement (for new RVs in the first five model years). This protects you from the big depreciation on RVs and insures that you’ll get a new unit with all the features of your old one. You’ll also want higher liability limits since your motorhome can do significantly more harm to people and property in a collision.
Here are some other RV coverage options to consider when getting motorhome insurance quotes:
Be sure your RV insurance covers the replacement of ALL the personal belongings you’re carting around.
Some RV insurance policies include emergency expense reimbursement, so if you can’t live in your damaged or stolen motorhome, you have the cash for temporary lodging and meals while your RV is being repaired, or money to get home if your motorhome was stolen.
Campsite liability coverage for any losses or damages occurring while your motorhome is temporarily parked in a campsite. If you use your motorhome as a second resident, you can get fulltimer liability, which has features similar to your homeowner insurance policy and also covers you while your encamped. This will also cover medical expenses for anyone injured in or around your motorhome.
A cost-saving feature of many RV insurance policies is suspended collision coverage. This allows you to stop paying premiums on the elements of your motorhome insurance plan that only apply when it’s on the road, such as collision coverage. If you’re RV is stored off-season, you can apply for suspended collision coverage and save a few bucks.