If you have an RV, don't assume that your auto insurance coverage applies to it; you need special RV coverage because the two forms of insurance are markedly different. Here are some of the major differences between the two.
RV Coverage Has Higher Liability Thresholds
One of the major differences is that RV coverage tends to have higher limits for liability coverage than auto insurance coverage. This makes perfect sense if you consider these two things:
RVs Tend To Be Big
Many insurers are of the opinion that a typical RV may cause more damage and injuries than a typical car in case of an accident. This is even more likely to be the case in the case of an RV-car collision. The increased risk of injuries or damages is mainly due to the large sizes of RVs.
RVs may be used as Residences
Some people live in their RVs, for example, when traveling or even throughout the year. When you use your RV as your main residence, it means you will be entertaining visitors just as you would in a regular home. If you are one of those people, then your exposure to liability is high, and you need increased coverage to protect against it.
RV Coverage Includes Specialised Coverage That Auto Insurance May Not Include
Another major difference is that RV coverage often includes coverage that auto insurance doesn't include. Here are a few examples of specialized RV coverage:
Personal Effects Coverage
- The coverage protects you from loss or damage of personal items in the RV, such as clothes and cellphones. This coverage makes sense if you live in your RV because it will be having many of your personal effects in it.
Permanent Attachment Coverage
You need this coverage to protect against the loss or damage of permanent structures on your RV's roof. Examples of such structures include satellite dishes and awnings.
RV Coverage Can Be Suspended
Once you buy a car, you are expected to maintain its insurance coverage at all times whether you are using it or not. This is different for RV coverage, which may be suspended at times. For example, if you only use your RV for leisure and not as your primary residence, you may be allowed to suspend RV coverage during extended coverage.
Talk to your insurance agent to help you get the best RV coverage for your situation. Don't forget that you may score some discount by buying both your auto and RV coverage from the same carrier.