When shopping for RV insurance, the best way to save is to educate yourself. Understanding how RV insurance works will help you get the coverage you need without spending more than you should. At Bold North Insurance Agency, serving Minnesota, we want to help educate you on insurance topics that can have an impact on your life.
Understanding RV Insurance
RV is a broad term that can apply to different types of vehicles. Because of this, it is crucial that you understand exactly how your particular RV is classified so that you can be sure to have the proper insurance. This is both important, legally, and financially.
A general rule is that if you tow an item from point A to point B, then insurance could be optional. However, if you can drive it from point A to point B, then it will need at least your state’s minimum coverage.
This helps you understand the difference between insurance coverage for a motor home vs. a camper. If you are making payments on your camper, though, you may be required by the lender to carry insurance on it. You will need to discuss this with your lender.
Full coverage, even on a camper, is always recommended because anything could happen while you are traveling. A camper is an investment that you will want to protect.
Types of Coverage
There are a few different types of coverage for motor homes and campers. These include:
- Bodily Injury
- Property Liability
Within each of these categories, there will be particular limitations and rules. Speaking with a knowledgeable insurance representative is the best way to insure you get exactly the coverage you need and nothing you do not need.
If you would like to learn more about RV insurance, please give our staff a call today at Bold North Insurance Agency, serving Minnesota.