What is RV insurance?
RV insurance is an agreement between you and your insurance company that protects your motorhome, caravan, motorhome, five-wheel drive, etc. You choose from a variety of coverages that are intended to protect your vehicle and give peace of mind on trips and vacations or if you use your motorhome as a permanent home. If you drive a motorhome, you also need liability protection to be legal on the road. However, if you "pull" a caravan, your permit will not require you to insure the motorhome, as you are already covered by your car insurance liability.
How does caravan insurance work?
When you buy RV insurance, your Bolder Insurance Advisor will ask simple questions about you, your RV and how often you use it. You then choose coverages that best protect you and your vehicle. In general, more coverage means a higher price. If you damage your vehicle or if you are responsible for someone else's damage or injuries, you must submit a "claim" to your insurance company. If your claim is covered, they will pay for the losses or damages up to your coverage limits.
Do I need motorhome insurance?
Yes. You must have at least the state minimum responsibility, because motorhomes are driven and not towed. When you quote motorhome insurance, our advisers will notify you of the minimum requirements in your condition. Failure to carry liability insurance can result in a revocation of a license, a fine or even imprisonment.
(What is liability insurance? Car liability insurance protects you if you are legally liable for personal injury or property damage in a car accident. So instead of paying out of pocket to cover another person's medical bills or repairing their car, your insurance goes into to pay for any or all of the injured person's expenses. Liability insurance is included in every car insurance and is required in almost all states.]
Do I need a caravan insurance?
Since you do not actually drive your caravan, you are not required by law to have insurance on a vehicle that you tow with a car or truck.However, your caravan is often a valuable asset and should be protected in the same way as you insure your home, your car, etc.
Most caravan policies include comprehensive coverage It's up to you if you want to add collision, but most financiers will require you to carry both.
What is covered
Standard RV cover from most insurance companies
Damage to your RV
Extensive and collision: Comprehensive protects your motorhome from theft, vandalism, wind damage, natural acts, stones and debris kicked up by other vehicles and accidents / collisions with animals . A deductible applies.
Collision covers damage to your motorhome if you are in an accident and hit another vehicle or object, regardless of fault. Note that you will not be able to buy collision without also buying comprehensive. A deductible also applies.
Damages / damages you cause
Liability for bodily injuries and damage to property: Pays for damages or damages you cause while driving your motorhome. It also covers legal fees that may be caused by the accident. In most states, this is the only coverage required. Coverage does not apply to trailer policies.
Damage to your motorhome and damage from uninsured drivers
Uninsured / underinsured property damage and bodily injuries: If your motorhome is hit and damaged by a driver who is not insured or does not have enough to cover the damage they have caused, uninsured / underinsured car insurance claims will pay to repair or replace it (up to your policy limits) The same applies to damages you suffer from an uninsured or underinsured driver ̵
Medical payments: Covers medical bills, up to the limits you choose, for you and your passengers if you are in an accident, regardless of fault. Coverage does not apply to trailer policies.
Extra RV coverage
Progressive offers 24/7 roadside assistance by pulling you to the nearest repair facility if your motorhome or caravan is disabled within 100 feet of a road or highway. You are covered by mechanical or electrical breakdown, dead battery, small tire, fuel supply, or if you are just stuck in the road in snow, mud or sand.
Total loss replacement
If your motorhome is summed up in a covered accident, we pay for a brand new motorhome or caravan, minus your deductible.
For example, if you paid $ 50,000 for your RV three years ago, it might only be worth $ 30,000 today. But Progressive can pay $ 55,000 for your claim minus your deductible, as we guarantee the same model year or later. You can also choose not to replace your damaged vehicle and instead get back the original purchase price.
If your motorhome is more than five years old, we pay the amount stated on your insurance – minus your deductible.
Replacement Cost / Personal Accessories
Provides up to $ 99,000 in coverage for your personal property in your RV. Some items outside your motorhome or caravan may be covered.
If your RV or caravan is disabled in a covered incident more than 80 miles from your home, we will give you up to $ 750 for transportation and hotel costs. You also have the option to upgrade to $ 2000 in coverage at an additional cost.
We pay up to $ 1,000 if your cat or dog is injured in a covered accident. There is no deductible!
If you are on vacation and someone is injured in or around your RV, you are covered up to $ 10,000. For just a few dollars more, you can upgrade to $ 100,000 or more in coverage.
Holiday liability can also cover damage to property. For example, if your ice fishing cart sinks in a lake, you will be covered by the cost of removing the sunken trailer.
Full-time personal liability
If you use your motorhome or caravan as a permanent residence, this improved coverage works in the same way as holiday liability. You are covered up to $ 500,000 if you are responsible (also called liable) for damages in or around your motorhome.