First Time Buying an RV? What to Know About Insurance

Purchasing a recreational vehicle (RV) comes with the promise of adventure, but it also means making a significant investment. It’s crucial to protect your new RV financially. Speaking to a local agent can help you secure the best insurance policy for your needs and budget so you can focus on the best aspects of owning an RV and hit the open road.

What Is RV Insurance?

Your RV is a home and a vehicle in one, so you’ll need coverage that addresses the unique risks this involves. The following coverages are typically included in an RV insurance policy:

• Liability coverage is required by law for motorhomes; this covers you if your RV causes injury or property damage to others.
• Collision coverage may help pay for repairs or replacing your RV if it’s damaged in an accident, regardless of fault.
• Comprehensive coverage may cover damage from non-collision events like fire, hail, theft or vandalism.
• Personal belongings coverage may cover personal items in your RV, such as clothing and electronics.
• Uninsured/underinsured motorist coverage may help with damages to your RV from an accident caused by a driver with insufficient insurance or no insurance coverage.
• Roadside assistance may help with tire changes, lockout services, and towing if needed for your RV.

You may consider various add-on coverages based on your needs, such as full-time RV coverage if you live in your trailer year-round.

How Much Does RV Insurance Cost?

Your RV insurance premium can be based on the following factors:

• RV type and value
• Use (part-time travel or full-time living)
• Coverage level
• Safety features in the RV
• Your driving experience and claims history

Contact Us

Your home on wheels offers a unique sense of freedom, allowing you to travel with the comforts of home. Financially protecting your RV with the right insurance policy is critical. The professionals at Best Buy Auto & Home Insurance Agency Inc in Phoenix and Yuma, AZ can help you find the best policy for your needs and budget. Contact us today for a personalized quote or more information.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.