The purpose of insurance is to protect you from risk. For example, auto insurance protects you in the event of a collision, and home insurance protects you in the event that your home is damaged. Recreational vehicles (RVs) act as both vehicles and as residences, so they carry some of the risks associated with both, and they require insurance tailored to this unique risk profile. In this article, our team at Pietila Family Agency will provide an overview of what RV insurance covers.
- Travel Trailer Coverage – One type of coverage RV insurance provides is known as travel trailer coverage, which applies whenever the RV is not being towed by another vehicle—in other words, it applies when the RV is acting like a home and not a vehicle.
- Liability Coverage – Like home insurance, RV insurance typically comes with liability coverage to protect you in the event that someone gets injured while in or around the vehicle. If someone becomes injured while visiting your RV, then your liability coverage will pay some or all of the associated medical and legal expenses.
- Alternate Dwelling Expenses – RV insurance also provides coverage for emergencies that render your RV uninhabitable. If your RV is damaged while you are on a trip, you can make a claim on your insurance policy to get things like hotel stays, meals, and travel expenses covered. Having this coverage will make such emergencies less stressful, as you’ll have a financial cushion to use while you figure out what to do next.