Owning an RV is a lifelong dream for many people, giving them the freedom to explore without giving up the comforts of home. However, buying a motorhome does come with a steep learning curve, especially when it comes to your legal obligations and insulating your new investment from risk. If you’re planning on getting a new RV this winter, below are answers to some of the most common questions you might have about RV insurance.
What You Need to Know About RV Insurance
Is it mandatory?
Most states require drivers of any type of motorized vehicle to carry a minimum amount of insurance, which includes most RVs. In Alabama, for instance, your liability policy must include no less than $25,000 in personal injury protection per person, a total of $50,000 per accident, and $25,000 in property coverage. Travel trailers and towable RVs are usually covered by your existing auto insurance policy, but your lender will likely require you to carry insurance if you financed the purchase.
How much coverage do I need?
Due to their sheer size, RVs can easily cause damage that exceeds the limits of a policy with only the bare minimum of coverage. Most insurance experts recommend getting liability coverage equal to the value of all your other assets, with enough collision and comprehensive coverage to replace your RV if it’s totaled in an accident.
Are other drivers covered?
Any drivers you list when you first purchase the policy will be fully covered by your RV insurance. While some carriers might cover some of the costs if you let someone else drive and they cause an accident, it’s always best to only let insured drivers behind the wheel of your RV.
Can I cancel my RV insurance when I’m not using it?
Most RVs spend a majority of their time in storage or in the driveway, so why pay for coverage you aren’t using? The best RV insurance companies will let you turn off the liability and collision coverage when your motorhome isn’t be used, lowering premiums while still protecting you from losses due to fire, theft, or extreme weather.
For nearly 20 years, Aaron Insurance Agency has helped drivers and RV owners throughout the Dothan, AL, area get the coverage they need at the best rates available. Their network of carriers includes 15 of the top insurers in the country, giving them access to an incredible variety of policies. Follow their Facebook for more professional tips and advice, and visit their website or call (334) 712-0777 to request an RV insurance quote today.