Owning a recreational vehicle can be an exciting prospect, though at the end of the day, you can’t own such a vehicle without having some type of protection to make sure that you and your vehicle are well covered.
The case for RV insurance
There are a lot of already existing recreational vehicles—so many that require different needs in regards to maintenance and legal coverage. It’s that reason why it’s always a good idea to research the insurance options available for any prospective insurance plan for your recreational vehicle.
In other words, yes, you need what’s known as RV insurance to make sure your vehicle, yourself and any third party is insured in the case of an accident or other unfortunate occurrence.
In the state of Florida, many residents have purchased their own recreational vehicles as a means for retirement, vacationing or recreation in their neck of the woods. Since there are many different types of recreational vehicles, otherwise known as RVs, RV owners should learn more about the types of policies available for their vehicle’s needs.
Many RV insurance policies cover recreational vehicles like motor homes, fifth wheels and travel trailers. Many, if not all, of these policies are typically required depending on the type of RV that you own. In other words, the type of policy that you may want to get will vary based on the recreational vehicle that you have.
Most RV insurance policies provide standard motor home coverage, in addition to bodily injury and property damage liability coverage. In Florida, you’re likely to come across an insurance policy with personal injury protection coverage.
Finding a policy
As a recreational vehicle owner in Florida, you should want more for your recreational vehicle. Many, if not all, recreational vehicles ‘offer more than what a standard car’ can provide for you and your family on the road, perhaps the main reason why such a vehicle requires this specialized coverage.
The most common recreational vehicles are designed to provide owners with a ‘home away from home,’ featuring amenities similar to that of a standard home and enough space for people to store their valuable possessions.
Though, with the perks of being a home away from home, RVs are also perhaps incredibly exposed on the road. Unlike standard cars and other vehicles, you can get yourself into several harrowing situations that are unique to RVs on the road:
- Your possessions – clothing, camping equipment and valuables – are lost, stolen or damaged/destroyed from your RV.
- Your recreational vehicle gets damaged on the road and you need to find a way to get to a place to stay.
- Someone in your traveling party becomes ill or gets injured in or nearby your RV.
The best thing about recreational vehicle insurance is the fact that it’s specialized for the needs of a recreational vehicle and not that of a car. Though, some recreational vehicles can be insured under standard auto insurance. In most cases, the vehicle is only covered through basic liability coverage, leaving all other coverage options completely open.
So, if you just get auto insurance for your RV, you’re missing out on coverage options like total loss recovery coverage, emergency expenses, vacation liability coverage and much more. These specialized options are unique to RVs for a reason, and are the main reason why you need to get RV insurance in the first place.
Qualifying for a policy
In most cases, across the United States, there are certain components that a vehicle must have installed before it can qualify as an insurable recreational vehicle.
These components generally include cooking appliances, bathroom facilities, refrigeration, self-contained heating and/or air conditioning, in addition to a drinkable water supply. Many insurable recreational vehicles also have an 110 to 125 volt electrical power system, adequate enough to provide power to the entire vehicle.
It’s these ‘parameters’ that also affect how the websites of many Florida-based RV insurance companies generate Florida RV insurance quotes. Through insurance quotes, you can learn just how much RV insurance costs throughout the state of Florida and throughout your area.
Getting the most accurate Florida RV insurance quotes is a matter of providing details about your recreational vehicle, including parameters like its manufacturing year, make, model, condition and current mileage.
As per the current Florida state laws, owners of recreational vehicles are required to carry a certain minimum amount of insurance to register their recreational vehicle, or in other words, their motor home.
Many insurance companies within the state offer coverage that specifically meets this requirement, and in most cases, the coverage options are relatively inexpensive. Still, it doesn’t hurt to shop around for the right RV insurance.
In Florida, recreational vehicle owners are required to carry a minimum of $10,000 of personal injury protection coverage, in addition to property damage liability coverage.
Now, personal injury protection coverage mainly covers you in the case of an accident, regardless of your fault in the accident. This coverage generally pays 80 percent of your ‘reasonable’ medical-related expenses, 60 percent of lost wages and up to $5,000 in death benefits.
The required property damage liability coverage pays for damages incurred to other properties in the case of you or your recreational vehicle’s driver causing an accident. This option happens to cover property like fences, utility poles and other buildings.
Bodily injury liability coverage is perhaps the most important option in any Florida recreational vehicle policy, as it covers injuries that you cause to others when driving your recreational vehicle. Thanks to this, it also covers any legal expenses incurred in part to the accident.
Many RV insurance carriers in Florida also provide reimbursement for medical payments, generally offering up to $10,000 in medical payments for injuries related to a recreational vehicle.
You can also expect to get some kind of coverage against uninsured drivers or motorists, mainly to protect you and your vehicle in the case of accidents caused by an uninsured party. So, if you’re waiting to get RV insurance in Florida for your vehicle, what are you waiting for?