Thinking about RV insurance should be more than a necessary evil. After all, owning an RV is about family spending time in the outdoors, close to nature. Those wonderful trips should be a time to relax. Before heading out it’s always best to spend some time thinking about preventing problems. We encourage you to check out our post on fire safety which you can read here. https://riverbendcampground.ca/blog/rv-fire-prevention-safety/
PROTECT YOU INVERSTMENT
In addition to prevention, also make certain you have the right protection. RV insurance provides that and is something you should review over the off-season. There are a number of considerations and it’s important to choose an insurance agent that has experience with this type of coverage.
INSURANCE FOR TOWABLES/TRUCK CAMPERS
Your insurance provider needs to know what you need coverage for. Whether is a camper unit on the back of a truck, a tent trailer, hybrid, travel trailer or firth wheel you will want RV property Insurance coverage. for your unit, This type of insurance may be added to your personal property homeowner’s policy.
INSURANCE FOR MOTORIZED RVS
If you have a van conversion, or a motorhome you will need motor vehicle liability coverage and physical damage coverage (optional). Basic coverage which includes accident benefits and third party liability is required. in Alberta For more information on motor vehicle insurance requirements in Alberta, visit the government site here. If you live outside Alberta, check with the laws in the region where your vehicle is registered.
YOUR RV USE IS A FACTOR
Some consideration to take into account are how your will use your RV. Will you be using it for weekends and occasional trips of a week or two at a time.. Or perhaps you have a purchased site or rent a seasonal rental site. If you’re travelling, will it be within Canada or beyond? Are you vacationing or are you snowbirds that will be full-timing? And some RV owners are choosing to renting it out through one of the RV sharing platforms?
You will also need to make some additional decision. Your costs will be determined by the level of coverage and the additional endorsements you choose. In addition to basic coverage, you can also insure contents, detached structures (like decks, sheds, gazebos) as well as premises liability coverage. If your RV is newer there are policies that may offer guaranteed replacement cost value for your unit. . Some RV insurance insurers/underwriters even offer trip interruption/disruption insurance which can cover living and travel expenses if something happens during a trip when you are travelling. You can find loss of use coverage.
A newer RV is a big investment. Some owners use an RV sharing service. The income from rental offsets their cost of ownership. If you are thinking of this opportunity you need to be aware that you need the correct insurance. Your insurance company might have restrictions on which RV sharing platform you can work with.
Proper RV insurance coverage means you and the family can relax. The only adventures you need are the ones that remain as wonderful family memories.