RVs are the ultimate vacation investment, giving you the freedom to explore hidden attractions and out-of-the-way locations. However, they’re also expensive assets that are vulnerable to major risks and may expose you to potentially catastrophic liability lawsuits. Before hitting the road in your new RV, checking your insurance policy will help avoid financial losses and legal trouble later.

A Brief Guide to RV Insurance

What Is RV Insurance?

Much like traditional auto insurance, RV policies are designed to compensate you for accidental damage, provide protection from liability suits, and protect the value of your investments. If your RV has its own motor, your state will probably require you to carry a minimum amount of liability insurance. In Alabama, drivers are required to have at least $25,000 in bodily injury coverage per person and $50,000 per accident.

Types of RV Insurance

RV insurance actually consists of a variety of coverage options that protect you from a variety of perils. In addition to liability coverage, you may also need collision insurance, which pays to repair your own vehicle if you cause an accident. Comprehensive coverage shields you from losses that occur when you aren’t on the road, such as hailstorms, fire, and theft. Uninsured motorist coverage is also a worthwhile investment, covering any damages caused by another driver who doesn’t have enough liability coverage.

Towable RVs

If your RV is designed to be towed behind another vehicle, your auto insurance will probably cover any damage if you’re in an accident. However, this coverage ends when you disconnect the trailer from the RV, so you may need additional insurance. However, if you purchased your RV with a loan, your lender will probably require you to carry comprehensive and collision insurance to protect the value of their investment.
 

If you’re buying an RV anywhere in lower Alabama, the agents at Russell Insurance Agency in Robertsdale, AL, will ensure you get the protection you need at the best prices possible. As an independent agency, they work with a variety of the industry’s top carriers, allowing them to shop around to find a policy that suits your needs. Visit their website or call (251) 947-3607 to request your free quote today, and follow their Twitter for more insurance tips and advice.