Why do you need RV and Toy Vehicle Insurance?
Unless you have a true RV and Toy Vehicle Insurance package, you could be in for an unpleasant ordeal should you experience a loss with your RV. Your auto and homeowner’s policies may not cover such items as appliances, plumbing or accessories. Without true RV and Toy Vehicle Insurance, your emergency expenses incurred while traveling would undoubtedly come out of your own pocket. A typical travel trailer insurance policy from an auto carrier will include physical damage coverage only. Our A + rated motorhome insurance and travel trailer insurance companies provide coverages far above and beyond the modest coverage provided by your auto insurance company.
Things to consider and questions to ask your agent about RV and Toy Vehicle Insurance:
- How much can you afford to pay if your RV or trailer is in an accident, damaged or stolen?
- RV or trailer covered for use year-round?
- What discounts and programs are available?
- How much medical insurance and liability coverage is enough?
- Do I have coverage if I need to have my boat towed in an emergency?
- What’s the process for filing and settling a claim?
- Does the insurance company have a good reputation for customer service? Is it known for paying claims fairly and promptly?
Home and auto insurance policies may provide limited coverage for RV or trailer. Talk to your insurance representative about coverage limits. You may want to consider purchasing a personal policy to protect yourself and your RV or trailer in the event of an accident. The personal watercraft policy covers:
- bodily injury
- property damage
- guest passenger liability
- medical payments
Liability limits start at $15,000 and can be increased to $300,000. Typical policies include deductibles of $250 for property damage, $500 for theft and $1,000 for medical payments. Additional coverage can also be purchased for trailers and other accessories. You should talk to your insurance representative about the type of coverage that would best suit your needs.