If you have an RV, you know how much fun it can be for the entire family. However, at the same time, like many things in your life, it is a significant investment. Because of this, you need to ensure that you have the proper insurance for it. Many Federal Way, WA residents have questions regarding RV insurance as first-time RV owners. Hart Insurance wants to help by providing answers to some of those questions below.
Is RV Insurance Required?
Since you will be driving your RV on the road, you will need to carry a certain amount of insurance on it. The amount of coverage will vary from state to state, so check with us at Hart Insurance to determine exactly how much liability insurance is required.
What Does RV Insurance Coverage Offer?
Apart from liability protection, you can also get collision and comprehensive coverage to cover damage to your RV, repair costs, and coverage for damage that occurs in a non-collision incident. You can also consider uninsured and underinsured motorist coverage to help pay for the damage in the event that you are in a collision with someone who does not have proper insurance.
How Much RV Insurance Should Be Purchased?
Ultimately, you should take into consideration the type of RV that you are insuring. For instance, a luxury RV will require additional coverage since it will cost more to repair/replace in the event of significant damage. In addition, you should consider the value of the items inside of the RV. Due to the fact that there are multiple variables that can affect the amount of insurance to purchase, you should make an appointment with an agent to discuss your individual situation and needs.
What Kind of Factors Can Affect Your RV Insurance Premiums?
Similar to auto insurance, RV insurance premiums are impacted by the RV’s value, the contents of the RV, your driving history, how often the RV is driven, the deductible chosen, etc.
If you are insuring your RV for the first time, don’t hesitate to contact us at Hart Insurance. We understand that insurance in Federal Way, WA can be confusing, so let us help you figure out what works best for your situation.