The state of California requires all owners to acquire and maintain liability insurance for the motor homes and recreational vehicles. Currently, the required coverage must equate to $15,000 for each injury in an accident with a maximum of $30,000. The policy must also offer at least $5,000 in property damage coverage. However, any owner who has an RV, which is financed should acquire full or comprehensive coverage for the vehicle.
If You’re Renting the RV
Rental agreements for recreational vehicles indicate that the renter must acquire coverage for the duration of their contract. For this reason, they are required to add coverage for their automobile insurance to cover any liabilities associated with the vehicle and provide damage protection for it.
Towable Recreational Vehicles
The Importance of Recreational Vehicle Insurance determines that owners should protect themselves from possible litigation by acquiring this insurance. While towable recreational vehicles do not require an extensive coverage as motor homes, they can present the probability of an accident and property damage. ATVs, primarily have been proven to be dangerous and present a higher risk of injury based on off-road conditions. Owners should maintain comprehensive insurance coverage on these vehicles, if they allow anyone to drive them that isn’t listed on their auto insurance policy or umbrella coverage.
Acquiring Discounts On Coverage
Existing policyholders could receive a discount on recreational vehicle insurance. If they have more than one automobile on their insurance policy, they could buy umbrella coverage. This presents owners with a higher discount than the multi-car coverage. Essentially, they are placing all their property into one plan, which provides the same level of coverage for each vehicle. The amount of coverage is determined by the owner.
Understanding the Importance of Recreational Vehicle Insurance helps you determine the amount of coverage you will need to protect you more fully. An insurance agent helps you to determine the level of coverage you need to acquire based on how you use the vehicle. This assessment also identifies other conditions in which property damage or personal injury could occur. If you require to review RV coverage, you should contact your preferred carrier today.
