Recreational vehicles are unique assets that require special coverage. Operating an RV comes with various risks, similar to operating a car. Searching for the right RV insurance policy can be complex. To guide you through the process, here is a look at some important RV insurance variables.
While shopping around for coverage, ask the carrier if the policy includes Actual Cash Value or Agreed Value. The actual Cash Value is the market value of your RV. The market value is determined by having your vehicle appraised. The agreed value involves the company providing a specific amount of coverage upfront. Total Loss Replacement is another variable to consider. TLR allows the insurer to provide you with a replacement RV if your vehicle is destroyed or stolen. In most cases, you are only eligible to receive TLR if your RV is under five years old.
Similar to auto insurance in Redlands, CA, liability coverage is an important part of RV insurance policies. You will be held responsible if your RV injures someone or causes property damage. Most RV insurance policies include high liability limits.
Emergency roadside assistance is a safety net if you are traveling in your RV and it suddenly breaks down. You will receive urgent attention to get back on the road safely. This type of coverage is significant because towing RV costs substantially more than towing a regular-sized vehicle.
If you are currently at a point where you don't plan to use your RV as much, you may opt to put it in storage. Accidents can occur even while your RV is in storage, which is why adding storage coverage is recommended.
Your RV likely contains a lot of valuable personal items. It's recommended that you add replacement property coverage to your policy if your items are damaged or stolen.
While your auto insurance in Redlands, CA policy may contain travel trailer coverage, the policy only covers a trailer when it is hooked to the car. Adding travel trailer insurance to your RV policy ensures that you are protected in any situation.
Purchasing an RV is a huge investment. Luckily, there are several ways that you can amend your RV insurance to ensure that you are protected in any emergency situation. If you have any questions about your coverage, contact our team at Little & Sons Insurance Services, and we will assist you.
