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Many people enjoy travelling across the country, and they find that owning a motorhome is convenient, cost effective, and fun. These all-inclusive vehicles allow a person to enjoy the experience of camping along with the luxury of a warm bed to sleep in and a stove to cook on. If you have made the decision to purchase one of these recreational vehicles, then you will have to make sure you choose the proper motorhome insurance. Just as with any other auto that is on the road, the law requires that you include a certain amount of insurance coverage on your motorhome.
However, since this is a special niche type of insurance, there are things that you will need to know. Otherwise, you may find yourself without enough coverage and you could stand to lose a great deal if your recreational vehicle were to be damaged or stolen. Below, you will find the three main things that you need to know about motorhomes insurance. This information will help you choose the right policies and the right coverage so that you can enjoy your travels without fear.
1. In many ways, the insurance coverage for motorhomes is quite the same as regular auto insurance. You will need to consider the standard policy types, including collision, liability, comprehensive and uninsured motorists. If you are not familiar with these, however, here are brief descriptions of each.
Collision is the type of coverage that will handle the damage to your recreational vehicle if you were to be involved in a wreck. This insurance will cover damage to your vehicle alone and will be subject to a deductible. However, to make things more simple, you will be able to choose the deductible amount that will suit your finances the best.
Liability is the type of coverage that the law requires at a minimum. While the exact amount you must purchase to be legal can vary from state to state, there will be a minimum required. This is the coverage that will pay for the costs if your vehicle were to damage someone else’s property or if it causes physical harm to a third party.
Comprehensive is a coverage that will pay for repairs in the event that non-collision damage is accrued. The damage that would be covered by comprehensive insurance can include hail, wind, lightning, theft, and vandalism. There could be variances in what is covered from one policy to another.
Uninsured motorists protection is simply a way to make sure you do not lose money if the collision is the fault of the other driver, and the other driver does not have proper insurance.
2. Because there are differences in a motorhome from a standard vehicle, there are differences in the insurance coverage. The main difference is that you are most likely to have a great deal more possessions in a recreational vehicle. While standard motorhome insurance will cover the vehicle itself along with standard equipment, it will not cover your accessories and personal possessions.
To avoid losing so much, you can cover this by adding an accessories and personal possessions section to your policy. This coverage will take into account everything you store within the motorhome, from sheets to pots and pans. Accessories will cover things like awnings, water tanks, and stoves.
3. There are other types of coverage that could be considered optional, but could be quite helpful. Some of these types include emergency expenses, which will pay for a place to stay if your motorhome is damaged when you are away from home. You could also consider liability for campsites, which cover any damage you or your motorhome may cause when camped, and full time coverage, which will cover you and your possessions if you are actually living in the recreational vehicle.
While you do not have to choose these optional policies, you could find that they prove to be quite helpful, depending on your situation and your needs.
While many parts of motorhome insurance policies are quite similar to those of regular auto insurance, there are some key differences. Understanding the policies and the differences will help you choose the very best coverage for your vehicle, and you will be able to enjoy your trips without worry.
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Motorhomes insurance combines elements of vehicular coverage with features more common to homeowners’ policies. The resulting hybrid can be tailored to fit weekend use or full time living arrangements. It can also be tailored to individual or family use.
While some mainline insurance firms do offer coverage, for the most part motorhomes insurance is considered to be a specialty offering. Thus, you will need to seek out dedicated carriers to get the most choice. Regional limitations and variations also exist, and you will need to plan differently for domestic coverage only or if you plan to travel internationally with the motorhome.
Information Needed For Motorhomes Insurance Quotes
To get a motorhomes insurance quote, you need the information about the motorhome itself. You should have the date of purchase or age of the vehicle handy, as well as the full listing of specifications. You will want to include any attached awnings or towing equipment in your listing, too.
You will also need to discuss the contents to be covered, especially if you will have valuables or expensive electronics in the motorhome. Special riders may need to be purchased for these items.
Mileage discussions are also a factor in the quotation process. Some policies are tailored for short trips and local usage, while others cover extended journeys. You will need to have your estimated mileages ready for the underwriter who will typically be looking at annual domestic and international mileage numbers when making their quote.
Common Motorhomes Insurance Policy Features
As mentioned before, motorhomes insurance is a hybrid product that covers homeowners and vehicular issues. The most common motorhomes insurance policy features are:
- Motorhome coverage. This coverage applies to the body of the motorhome, and generally includes body comprehensive and collision coverage. Vandalism, crashes, and automated equipment failure all fall into this category. In the event of a total loss, you generally can choose to be covered for full replacement value or for current market prices.
- Contents coverage. The content coverage applies to your personal possessions and the furnishings for your motorhome.
- Roadside assistance. Most motorhomes insurance policies include roadside assistance coverage for breakdowns, flat tires, or being out of gas.
- Liability coverage. This coverage protects you from claims by people who are injured in your motorhome. It may extend to campsites near your motorhome depending on the coverage provider.
Motorhomes Insurance Discounts Available
Discounts for motorhomes insurance are generally tied to bundled policies, membership in a recognized motorhomes association, and security devices. With bundled policies, you can use another motorhome or your vehicle to qualify for the coverage. If you have a primary physical residence and use the same insurer, that may also help you qualify for coverage.
Association memberships can offer surprisingly high discounts. In some cases, your discount can amount to 15% of the total policy price. It can also be worthwhile to see if local and national associated memberships can be combined for policy discounts.
Security device coverage can apply for a number of items. If you have a GPS tracking system on your motorhome to monitor its location, you may get a discount. Alarm systems and cameras to protect against break ins can also earn you a discount.
Motorhomes Insurance Exclusions To Note
Motorhomes insurance exclusions often focus on specific elements of coverage. You can find yourself governed by an exclusion for being in the wrong place, having someone borrow the motorhome, or for willful negligence in storage or maintenance.
Wrong place exclusions generally happen when you have a domestic only policy and have gone international. You may have also opted for regional coverage, and be outside your region. Reading the fine print can help you manage this exclusion.
Lending your motorhome to another can negate coverage. Most motorhomes insurance policies have named drivers, and if a driver is not on the list they may not be covered. Again, check your policy’s fine print to see what is or isn’t permitted.
Willful negligence is also not covered. Companies want to see that you care as much as they do for your motorhome. Secure storage, locked doors when you are away, and smart driving are all rewarded on your motorhomes insurance policy.
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