Recreational Vehicle Insurance

Why You Need Recreational Vehicle Insurance

A recreational vehicle is categorized by an insurance company as a motorized form of transportation that is different from a standard passenger car or truck. These can include motorcycles, golf carts, watercraft, dune buggies, or classic cars, to name a few. Regardless of whether a motorized piece of equipment uses the highway, recreational vehicles insurance is necessary.

Anyone with a valid driver’s license can purchase RV insurance. However, just like auto insurance, the rates are based on your driving record and age. One good selling point to RV insurance is that you can put it on vacation when not in use. Collision and liability coverage can be suspended during storage.

Most recreational vehicles are not cheap. Even if you are a careful driver, not everyone else is. Get slammed by an uninsured motorist and your beloved asset can be gone unless you have an RV policy. Accidents can also occur and medical bills for passengers or visitors is expensive. Just like auto or home owners insurance, an RV is considered your property and your responsibility for injuries.

A great benefit of carrying Recreational Vehicles Insurance is the cargo that you may have on board. If your motor home is fitted with an entertainment center, technical equipment, and a satellite dish, the possibility of theft if present. Protect those special items by including personal items coverage.

There are different types of coverage depending on the kind of RV that you own. A golf cart or a dune buggy does not require a large premium as would an RV that you travel in frequently. However, having liability coverage is usually a state requirement. Each state has a list of insurance requirements depending on the class of RV that you own. Some of the options of RV insurance include towing, total loss replacement, emergency expenses, vacation and campsite coverage, and uninsured motorists plans.

Get information on what type of coverage is required at your local BMV store and talk with an agent on what you feel is necessary for your individual needs.