If you are looking forward to a summer of fun and adventure in your fifth wheel you might be wondering if you need trailer insurance. Your standard liability insurance might include coverage for a trailer, but different types of RV trailers fall under a different category of coverage. And, for that matter, what type of RV insurance coverage is right for you and your RV?
Learn what you need to know about how trailers are classified and the RV coverage options available to you. Find out what type of coverage is required for different types of trailers and RVs, and into which category your RV falls. And, see the advantages of carrying different types of standard and extra RV coverage.
Do You Need Trailer Insurance for an RV? The Total RV Insurance Guide
A fifth wheel or Toy Hauler RV is a trailer, and trailer insurance is included under most standard auto liability policies. Auto liability coverage extends to damage and injury caused by your trailer in-tow. But, that does not include coverage for any loss or damages on the road.
The differentiation between an RV that necessitates special coverage and a trailer is whether or not it has its motor. If your RV is a motorhome you need special coverage. But, if your vehicle tows your RV from a rear hitch, as is true with many types of RVs, often standard auto liability insurance policies extend coverage to your travel trailer RV.
But, just because your liability coverage may extend to your fifth wheel doesn’t mean you are covered for the contents of your RV. Liability coverage is to pay for the damages you might cause to someone or something else. For coverage that extends beyond liability, such as the benefits included under your comprehensive and collision coverage, you can cover your RV with travel-trailer insurance.
How to Protect a Fifth Wheel, Toy Hauler, or Travel-trailer RV
There are plenty of RV owners who choose not to carry additional insurance on their RV. But, for vacation RVers and full-timers, ensuring your towable RV is as important as homeowners insurance. And, for anyone who spends a good portion of their recreation and weekend getaways in your RV, the only way to get comprehensive and collision coverage is to take out a separate RV policy.
Companies that offer towable RV coverage usually offer a standard RV policy, as well as extra coverage options that you can include. For many RV owners, this coverage can provide peace of mind and ensures that you can travel with confidence. And, extended coverage options are especially beneficial to RV full-timers, such as roadside assistance, total loss replacement, and emergency expenses.
Highlights of Standard RV Coverage
A standard RV insurance policy often comprises several elements that mirror that of most auto comprehensive and collision coverage policies. Collision and comprehensive insurance provide coverage for damage to your RV and damage caused by your RV. It includes coverage for damage done to your RV intentionally, accidental damage to the windshield or RV from flying debris, and damage sustained during an impact with wildlife.
What Types of Extra Coverage Options are Available with RV Insurance?
The most beneficial elements of RV insurance for RV full-timers are often the additional coverage options. And, even for part-timers, roadside assistance ensures your trip can stay on course throughout unforeseen circumstances. Most RV trailer insurance policies have the option to add roadside assistance, which includes 24/7 towing to the nearest mechanic if your RV becomes disabled within 100-feet of a road, as well as the costs and labor for fixing a mechanical or electrical failure, flat tire, and more.
Another beneficial coverage option for full-timers is the addition of total loss replacement on their RV. With total loss replacement coverage, you are fully compensated for the cost of a new RV if your RV is totaled. While you are thinking about the costs associated with loss – you can often add coverage for the cost to replace the personal property within the RV in the event of catastrophic damage or loss.
In such an event, emergency expense coverage ensures that you don’t have to shoulder the expense of hotel accommodations and transportation. And, if you RV with a pet it might be worth adding pet injury coverage to your travel-trailer insurance. Some companies, like Progressive, offer complimentary pet injury coverage up to $1,000.
Is RV Insurance a Good Idea for Your Towable?
If your RV was new from the dealer, you were likely required to purchase some form of basic RV insurance. Insuring your RV gives you protection against the common chaos that exists everywhere – and especially on the road. When you are on the road or camping with your RV, it can make you feel that much more isolated and desolate when unfortunate events inevitably occur.
As an RV owner, you have to prepare for unforeseen circumstances in every way you can be. That is why RV owners carry a variety of emergency equipment and provisions when traveling on the road, and why many choose to cover their trailer RV under an insurance policy. Talk to an Alliance RV associate to find out whether or not you have the trailer insurance needed to protect your fifth wheel or toy hauler.