Owning an RV can be a great way to see the country, explore nature, and take a vacation without losing any of the comforts of home. However, if you’re new to owning a camper or motor home, you may be wondering if you really need RV-specific insurance in addition to your regular auto insurance policy. The experienced agents at A Affordable Insurance Services in Albemarle, NC, want to help you understand why these policies are so beneficial. Below, they offer some helpful information to ensure you maintain complete coverage.
What Is RV Insurance?
RV insurance is a policy available through your insurance agent that protects both your camper and the belongings inside it. Like auto insurance, these policies provide general liability coverage while you’re on the road, protecting you in the event of an accident. While towed campers, travel trailers, and fifth wheels can be covered by your auto policy, motor homes that are self-propelled will require a stand-alone insurance policy.
Why Would You Need Coverage?
RV insurance is only required by law if the RV is self-propelled. This is because they’re still classified as a motor vehicle. However, even if your towed RV is covered by your auto policy, you may still need to purchase additional insurance. RV owners who choose to finance their campers are subject to the terms of their financing agreement. If your lender requires you to purchase a policy as a condition of the financing, you’re expected to purchase a policy. Once you pay off the entirety of the loan, you may have the option to cancel your coverage.
Even if you’re not required to have insurance, though, a policy can still be useful. Since your RV houses your belongings while you’re on vacation, it can be thought of as a home away from home. Buying coverage will ensure your possessions, camper, and equipment are protected anytime you’re on the road.
If you need a policy for your RV, speak with A Affordable Insurance Services to discuss the perfect coverage to supplement your auto insurance policy. As Albermarle’s trusted insurance agency, they’ll work with you to find the best plan at an affordable rate. Visit their website for more information on their services, and call (704) 986-2222 for a free quote today.