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RV Insurance 101: Types of RV Insurance Coverage

RV Insurance 101: Types of RV Insurance Coverage

April 24, 2020
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RV or recreational vehicles have various types. Because of this, a stand-alone policy for insurance coverage will not be sufficient for all types of RV so your RV insurance coverage is separate from your car insurance policy.

In most states, the amount of insurance coverage for a car has the same coverage as RV. Not getting an RV insurance may lead to fine, license cancellation or even incarceration. Typically, your RV insurance policy has liability, comprehensive and collision, medical payments, uninsured/ underinsured motorist (UM/UIM) coverage among others.

What your RV insurance can do if you have it is you get the protection you need during emergencies. These are some types of RV insurance coverage and how they play part in certain circumstances.

Primary RV Insurance Coverages

Liability Insurance Coverage- Liability coverage pays for the damage your RV caused to another vehicle or another property. If your RV caused bodily injury to another person, your liability coverage will pay for hospitalization including follow up medical checkups and funeral costs. If the driver/ passenger of another vehicle threatens to seek legal action due to an accident, your liability insurance will pay for the legal costs. Bear in mind that RV bodily injury per person varies in every state, for example, it is $15,000 bodily injury per person in California while it’s $25,000 bodily injury per person in New York. You can inquire from your agent what the minimum insurance coverage is as mandated by your state. 

Collision and Comprehensive InsuranceCoverage- At times, there are instances when collision insurance has more limitations compared to comprehensive insurance that is why tying them together can be for your advantage. Collision insurance pays for the damage to your RV brought about by a collision with an object, for example, a pothole or a mailbox. Comprehensive coverage repays you for the cost of the damage to your RV beyond driving situations like theft, fire, vandalism, falling objects, and weather conditions. Collision and comprehensive coverage also have deductibles feature, which is a chunk of your financial responsibility for declaring damage to your RV. What makes collision and comprehensive insurance benefit are that you don’t have to worry about payments to cover for the cost of the damage and sometimes replacement of your RV but when you don’t have the insurance, you’ll be on your own figuring out financial resources.

Uninsured/Underinsured Motorist Insurance Coverage (UM/UIM)- UM/UMI reimburses you if you got into an accident and the other driver who hit you doesn’t have insurance at all or doesn’t have enough insurance to pay your hospital bills, your damaged RV, and your lost wages. This coverage extends to funeral costs if another driver kills you in the event of an accident. UM/UMI coverage has the similarity to liability and uses a split limit format where your insurance company covers different types of claims, for example, it will be broken down to bodily injury per accident, bodily injury per person and property damage by accident. Some states have a legal requirement to get UM/UMI coverage while others do not have. It is best to check it with your insurance agent.

Medical Payments - The function of medical payments insurance is to cover your medical expenses should you or your passengers meet an accident in your motorhome whether you are or the other driver is at fault. Any person outside of your family is not covered by medical payments insurance This coverage is less expensive compared to the others and it can be a significant add-on if you have an existing health insurance policy with a high deductible. 

Note that medical payments insurance doesn’t cover for travel trailer insurance policies.



Supplementary RV Insurance Coverages

As mentioned, since RV insurance coverage is broad, it may not suffice for all types of coverage and understanding the primary coverage of RV insurance is just the beginning. Here other types of RV insurance coverage:

Full-time overage- If you use your RV both as your vehicle and residence then that makes you a full-time motorhome dweller. This means that your liability coverage has the similarity as of that of a homeowner’s insurance coverage and will protect you in case a guest meets an accident in your RV. This type of coverage, however, provides higher personal liability and even higher medical payments for injured guests.

Roadside assistance- Towing or filling up an SUV is much less is costly compared to an RV so getting stuck in the middle of nowhere but having the suitable roadside assistance coverage is essential. Roadside assistance coverage can help you with the costs of dead battery replacement, fuel replenishment, electrical breakdowns, tire adjustments, and even the cost of towing.

Personal Property and Belongings Coverage - Regardless if your RV is parked or on the road, this coverage, up to the agreed amount, will protect your valuables such as mobile phones, laptops, athletic kits, camping equipment, and furniture. This is what stands out to your RV insurance coverage when you compare it to auto insurance which doesn’t normally cover personal property.

Emergency Expense Coverage - Planning for a vacation for a long time can be so much fun but it can also be a nightmare if your RV breaks down 80 miles away from your home. Your emergency expense coverage pays for your hotel accommodation and transportation during your trip.

Pet Injury Coverage - If your pet is injured in an accident while riding in your RV, the pet injury coverage can help you pay with medicine, veterinary bills, and even covered for loss or death if the pet is in the RV during the accident from a collision. Insurance providers accept multiple pets for this coverage however many of these insurers will cover only domesticated animals such as cats and dogs. Note that pet injury coverage is different from pet insurance coverage. Pet injury coverage applies when the pet is injured in a collision while pet insurance coverage applies when the pet is sick or injured but not from a collision.  Many of those collision and comprehensive insurance policies have a portion of pet injury coverage with no deductibles.