All might be driven by a friend. All can damage property and people, and none is covered by standard automobile or homeowner insurance policies.
In other words, if you want to protect your investment and yourself, recreational vehicle insurance is a must.
Your 1st liberty Insurance adviser can help you secure the right coverage for your needs. Our recreational vehicle policies cover property damage, bodily injury and damage to your own vehicle should you (or a guest operator) be found liable in an accident. In addition, we can guide you to the right additional coverage for personal property carried on or in your recreational vehicle.
Liability Insurance for Recreational Vehicles
Your recreational vehicle is, just like an automobile, a moving vehicle that can cause bodily injury and property damage to others. In order to help pay for any damage you inadvertently inflict, you should secure liability insurance. This policy can also help cover the cost of environmental cleanup after an accident that causes the spillage of a toxic chemical or other pollutant.
Liability coverage will have limits that work on both a per-incident and per-policy basis. They may also have a deductible that requires an out-of-pocket contribution for each incident or year.
After you’ve considered the potential liabilities you are exposed to while operating a recreational vehicle, it’s time to secure coverage for the value of the vehicle itself. Recreational vehicle coverage can include financial compensation in the event of physical damage, vandalism, theft and collision. In addition, your policy may allow for reimbursement of personal effects stored on a vehicle such as an RV, boat or snowmobile.
In some cases, you may want to consider adding specialized coverage for additional risks including the loss or damage of awnings and custom equipment. If you have an RV that you live in part or full time, you may need extended protection so be sure to discuss that with your agent.