Buying RV motorhome insurance may create a lot of unanswered questions in your mind. The first item to note is that it is a good decision to purchase RV motorhome insurance. The next thing to think about is buying an extended warranty in addition to your RV motorhome insurance. Neither is required when you buy an RV, but they will both help you in the long run, protecting your investment. Below you will find some of the most common RV motorhome insurance questions answered.
1. Where can I purchase my RV motorhome insurance?
Many general or typical auto insurance companies offer RV coverage, but you will find the best coverage options and money savers by going through a specialized RV motorhome insurance company. These RV motorhome insurance companies are knowledgeable in what RV’s require for coverage. You can talk to your RV dealership for options, or you can go online and get a free quote within a few minutes. Look for RV insurance quotes online, many of which are free with instant estimates. You simply enter the make, year, model, and purchase price for an estimated quote. It is important to cost compare for insurance quotes for motorhomes, but if you do, make certain that you are applying for the same level of insurance coverage for accuracy. When you compare quotes from different companies make sure that you are getting the same level of RV insurance coverage with each so that the comparison is more accurate.
2. What is wrong with adding my RV to my regular auto policy?
This can be done, but is not highly recommended. If you own a motorized RV, you can just get it insured with regular automobile insurance, but it will not cover the parts that are unique to RVs such as the awnings, stairs and slideouts. An RV insurance policy will cover those items as well as protecting you if someone gets injured while in your RV. If you have a towable RV, or a camper, your automobile insurance will not cover it but RV insurance will, and sometimes you can combine policies to cover both the tow vehicle and the RV to save money.
3. How long will it take for me to get my RV insurance?
Online applications are processed quickly, often immediately. Working with an RV dealer in person may take a bit longer. The online quote is a simple application and it can be approved within a very short time so that you can get down to the business of enjoying your RV.
4. What kind of coverage should I buy?
You should look at purchasing full coverage to ensure your protection no matter what you may incur on the road You can also get total replacement coverage which will replace your new RV (5 years or less with original owner) with a brand new RV of the same quality, or on a used RV you will get the purchase price (agreed value coverage) any time your RV is a total loss. If you have a used RV, options may vary.
5. What Type of RVs can I insure?
All RVs are insurable. You can get insurance for any type of recreational vehicle from a truck camper to a luxury diesel pusher motorhome.
6. Is the extended warranty the same thing as insurance?
No. Extended RV warranties will go beyond what the manufacturer’s warranty will in terms of years. It will protect appliances, mechanical issues, etc. that are not covered by insurance. Many extended warranties work in tandem with insurance, so ask and make sure you purchase what you can to protect you from any surprise expenses or damages down the road. An extended warranty (1-7 years) covers replacement of items, such as appliances, or mechanical repairs that insurance does not. You should consider getting both, so that you have more freedom when traveling and are able to enjoy your life on the road. RV insurance and an extended warranty should both be on the top of your list when you are thinking about purchasing an RV. It is the smart decision to add these to your overall investment because it means long-term protection for you and your buy.