An RV gives you comfortable access to the open road and a world of adventure. However, you will need a well-rounded insurance policy to protect yourself and other drivers from risk. If you’ve never owned an RV before, you may have many questions about insuring it against damage. To help you select the right policy for your needs, here are answers to some of the common questions new owners have about RV coverage.

Common Questions About RV Insurance

Is it required?

Most states require drivers to carry a minimum amount of insurance on every vehicle, including RVs. In Wisconsin, you must have at least $10,000 in property damage coverage, as well as $50,000 for personal injuries. If you financed your RV, your lender will probably require you to carry collision and comprehensive coverage to protect the value of the vehicle.

Are the minimum coverage amounts enough?

As some of the largest, heaviest vehicles on the road, RVs are capable of causing a great deal of damage in an accident. Most experts recommend carrying liability coverage equal to the value of the RV plus all assets present inside it.

How can I lower my insurance premiums?

While some of the factors that go into calculating your premiums are out of your control, including vehicle cost, there are ways to reduce your monthly fees. Storing your RV in a secure garage, protecting it from the elements with a cover, installing anti-theft devices, and bundling coverage with your auto or homeowners coverage can significantly lower this cost.

Should I cancel my policy when I’m not using the RV?

Your state may require that you maintain coverage on all registered vehicles, but there are still good reasons to keep coverage year-round. During the off-season, your RV is still vulnerable to storm damage, theft, and a wide variety of other risks, which you will be responsible for paying for if you cancel your policy. Many insurance companies typically factor in the months you won’t be using the vehicle when they calculate premiums, so savings are built into the policy.

If you’re looking for coverage for your RV, ATV, or another recreational vehicle, turn to the agents at Edwards Insurance Agency. For over a century, they’ve been providing Sparta, WI, with helpful insight and insurance policies that are tailored to each customer. They also cover high-risk drivers and provide SR-22 filings. Learn more about their products online or call (608) 269-4512 to schedule a consultation.