Specialty RV Insurance Coverage Protects Your Investment

Buying a new or used RV is a major investment. Toas their residence. There are three Fulltimer
help protect your investment you need the properCoverage's available:
type of insurance coverage. There are several major*Fulltimer's Personal Liability - This provides personal
insurance companies that specialize in RV insuranceliability type coverage to fulltime users of RVs, which
and I strongly recommend that you use one thatusually equates to five or more months of use per
does specialize in RV's. You might have a greatyear. This coverage is even available to individuals
insurance company for your home and automobiles,who do not own their own home, and is similar to
but an auto policy can't begin to cover thethe personal liability coverage on a homeowner's
complexities of an RV. You need specialty coveragepolicy.
like vacation liability, total loss replacement, personal*Fulltimer's Secured Storage Personal Effects - Many
effects and much more.fulltime RVers keep some of their personal property
There are a number of specialty coverage's available,in storage. With this option, the insured can get
designed to protect you and your property. Specialtycoverage for these items in storage. Typically, the
RV coverage's are what differentiates RV policiesinsured will have to create a schedule of these items,
from auto policies. Adding your RV to your autoand the insurance company will have specified limits
policy is inadequate because it fails to cover many offor the value of this personal property.
the provisions included in a specialty RV policy. For*Fulltimer's Medical Payments - This option provides
example, most RV insurance provides coverage forcoverage of medical expenses resulting from an
awnings, furniture, permanently installed items andaccident that occurs while the vehicle is used as a
fixtures, and plumbing and electrical systems uniquepermanent or primary residence. Insurance companies
to RVs.will likely require that the insured also has Fulltimer's
Typical RV policies also provide unlimited towing andPersonal Liability coverage in order to qualify for
roadside labor coverage. Auto policy towing coveragemedical payments coverage.
is often inadequate for RV expenses. With mostNote: Many insurance policies contain exclusions for
auto policies, the towing reimbursement is usually onusing your RV as a permanent or primary residence.
a per occurrence basis. Because the fees to tow anOften the Fulltimer's Liability endorsement removes
RV or to change an RV tire are much higher than thethese exclusions from the policy. In other words if
same for an auto, these fees often exceed the peryou are a fulltimer and do not carry Fulltimer's Liability
occurrence limits on an auto policy.you may be subject to policy exclusions.
Another consideration for RV owners is that theyPersonal Effects - provides coverage for loss to
get the benefit of specialized claims service whenpersonal belongings used in conjunction with the RV.
they choose to insure their RVs with specialty RVMexico Physical Damage Coverage - Provides
insurance as opposed to having RVs put on autocomprehensive and collision coverage for the insured
policies. The adjusters assigned to claims by insurancevehicle while traveling in Mexico. The insured is
companies with specialty RV products usually haverequired to purchase Mexican liability coverage too.
expertise with RVs, losses to RVs, and settling theMexican Liability Coverage - While most RV insurance
value of the loss. Let's take a look at some more ofprovides physical damage coverage while traveling in
these specialty RV coverage's available to you.Mexico, it does not provide Mexican Liability
Diminishing Deductible - Under this coverage yourCoverage. When traveling in Mexico by auto or RV,
physical damage deductibles could be reduced 25%you must have Mexican Liability Coverage from a
for each claim free year you have with the company.Mexican Insurance Company, which you can buy
After four claims free years, your deductibles wouldfrom US-based brokers or at the border.
be $0. Any comprehensive or collision losses wouldSchedule Personal Effects Coverage - Provides
reset the deductible.coverage for the loss of expensive personal
Emergency Vacation Expense coverage - is alsobelongings used in conjunction with the RV. The
unique for specialty RV policies. This providesinsured must have appraisals for these items.
coverage to pay for temporary living expenses ifAdjacent Structure coverage may be available for
your RV is inoperable due to a covered loss and youstorage sheds, screened rooms, or carports on
are more than 50 miles from your home.owned or rented lots. In addition, you may be able to
Vacation Liability - Provides campsite liability for youget coverage for roadside assistance, a utility trailer,
while you are using your recreation vehicle as aa golf cart, or scooter.
vacation residence. For example Vacation LiabilityHopefully this helped explain why it's important to
could cover damage caused by your campfire if itinsure your RV properly. Your RV insurance can and
gets out of control or if you accidentally hit someoneshould fit your RV. I recommend going to to get a
with a horseshoe.free quote with no obligation.
Fulltimer's Coverage's - This is very importantHappy Camping!
coverage to insured's who use their RVs year roundCopyright 2006 by Mark J.