Recreational vehicles are increasingly popular among homeowners who want a second residence they can take with them. That's because RVs give their drivers the flexibility of an average vehicle with more of the creature comforts associated with a home. But having an RV comes with its own unique challenges, including insurance policies that exist somewhere between homeowners and auto insurance. If you are preparing to take a look at RV insurance plans, take a look below at some of the things you shouldn't compromise on.
Hotel Stay Coverage
An RV is even more mechanically complicated than the average automobile. In fact, RVs — especially older ones — can be more susceptible to problems such as leaks, electrical issues, and problems with slide-out systems or water tanks. If you need any of these (or other) parts of your RV repaired while you are on the road, then you're usually left with only a few options when it comes to a place to stay. Make sure your RV insurance plan has you covered if you need to stay in a hotel for a few nights while your RV is in the shop.
Roadside Assistance
People with RVs tend to take trips off the beaten path, which can make for a fun adventure — that is until you get stuck. At that point, you will be forced to either figure out the problem yourself and perform repairs with the tools you have or call for roadside assistance. For the vast majority of people, the latter option is more convenient, but it is also more costly. Towing an RV can put a major dent in your wallet if it's not covered by your insurance policy, so make sure coverage includes it.
Theft of Valuables
Of course, it's not just your RV that is valuable, it's the things inside it as well. Thankfully, quality RV insurance policies recognize this fact by providing basic coverage. Some homeowners insurance policies will cover valuables too, but double-check to make sure the amount you are insured for is adequate. If it's not — or if you live in your RV most of the year or don't have homeowners insurance at all — then you'll want to expand your coverage to include any particularly expensive items.
If you're searching for an RV insurance plan, take the time to check that it covers hotel stays, emergency roadside assistance, and the theft of any valuables.
Share13 October 2022
Having lost everything in a fire while living in my very first apartment, I learned the hard way just how important renter's insurance was. I did not have any renter's insurance and had no idea that it was something that I needed to have. I had counted on the owner's insurance to cover the cost of replacing my belongings if something like that would happen. Boy, was I wrong. The apartment I moved into next was owned by a much more helpful man. He actually helped me find the insurance company to open a renter's policy with. Now, I have the insurance I need and feel confident that if a disaster like that should strike again, I will have the coverage I need to replace my things.