A recreational vehicle or RV can be used in various ways. For those that use them full time, it’s important to have the proper RV insurance in place to represent the way you use the vehicle. After all, this is your home on wheels. It’s a valuable asset you own. With the right insurance, you can keep your vehicle safe on the road no matter what your needs are. What type of full time RV protection do you need as an owner?
Personal Liability Insurance
Full time personal liability insurance is the first step. This type of coverage may pay for risks associated with bodily injury and property damage that you or your vehicle cause. Generally, this level of liability insurance starts at around $500,000 for coverage.
Most RV insurance plans need to focus on providing financial protection in case of damage to the vehicle itself. You’ll want to choose full time property insurance that covers the replacement or actual value of the RV from risks such as fires and vandalism.
Medical Payments to Others
Another area of focus for full time RV owners is medical payments to others, which may cover the medical costs associated with injury or accident that happens on your property (in the RV) if it is being used as a permanent or primary residency.
Storage Shed Contents
This type of coverage is common for those that use their RV full time because they may need to have some of their contents stores on a different site. This type of coverage provides for protection from damages to the contents of a leased, owned, or rented shed.
If you own or you are a tenant in a property that is within an association, this coverage can help. It can help to cover some types of assessments charged to those using the property full time.
Full time RV insurance needs to be more comprehensive and less road-based. It can still be an affordable insurance policy, but it needs to meet your specific needs. And, it needs to offer high limits to ensure that you remain protected from any instances of risk that happen while on the road or stopped.
Does your policy offer enough coverage? Call The Cowey Insurance Group for more information on RV insurance.