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rv repairs, A Quick Intro to RV Insurance & What RV Repairs are Covered

A Quick Intro to RV Insurance & What RV Repairs are Covered

RV life is exciting in all of its unpredictability, with something new always just around the corner. Unfortunately, that something new may also mean something not so fun, such as a rear-end collision or a sudden hail storm. The good news is that there is a great variety of RV insurance and warranty packages designed to help owners navigate such undesirable obstacles. But how can you ensure that you’re getting a policy that’s right for your needs? The following is a quick run-down of the insurance basics:

The Basics of RV Insurance & When it Covers RV Damages

  • Minimum Liability Insurance. Just as every state has a minimum liability insurance it requires for cars, it requires the same for trailers and RVs. If you are the cause or partially the cause of an accident, then this insurance will pay for any damages or injuries to the other vehicle and its occupants.
  • Comp & Collision Insurance. This goes beyond minimum liability coverage to offer protection both for the other vehicle and your own in the event of a collision by either party. This type of policy will also cover RV damages and any occupant injuries you incur when an uninsured motorist is involved in the accident with you. Depending upon your insurer and the level of policy you choose, you also will likely receive protection and compensation for RV repairs on damages caused by theft, inclement weather, and vandalism. Additionally, for those RV owners who consistently travel and/or who own high-end motorhomes, there are other types of compensation insurance policies to consider that go beyond just covering common RV damages and repairs. For example, there are policies that cover things like pet injuries, offer unlimited towing and roadside assistance, and add-ons like rental car reimbursement for when RV repairs take longer than a day or two and you need to get back home.
  • Total Loss. The above types of RV insurances will almost always have payout limits in place for specified RV repair costs. If you own a brand new RV or an expensive unit that serves as a second home, then you might want to consider adding a total loss insurance policy. There are two primary types of total loss coverage. The first and most common option is Market Value policy which, in the event your RV is damaged beyond repair or the RV repairs are considered too cost-prohibitive by the insurance company, reimburse you the current valuation of the RV at the time of its loss. The second option is called Total Loss Replacement and would offer policyholders an amount needed to replace the lost RV with a new RV of the same type or quality, or offer a financial reimbursement equal to the original purchase price.

Need RV Repairs? Visit Premier Coach Works

At Premier Coach Works, we work with a number of different insurers and are adept at making the process go as smoothly as possible. If you need RV repairs, come visit our professional shop and experienced mechanics today!