In all of the excitement that surrounds the beginning of a new lifestyle, many newbie full-timers miss the crucial difference between purchasing an auto insurance policy and a full- timer RV insurance policy from an RV specialist insurance agency. They neglect to get the personal liability coverage that comes with full-timer RV insurance, and that?s the single costliest insurance mistake that new full-timers can make.
Proper Full-Timer RV Insurance Includes Personal Liability Coverage
Your new RV is your new home. You - and others - will hang out, eat, play cards, and visit in and around it. Just like in your home, you are personally liable for any injuries that occur while on your property. An auto insurance policy is not designed to give you a "floating home-owner's policy" that travels with you wherever you go. It simply can?t adapt to covering the ongoing liability conditions that put you at financial risk when you?re a full-time RVer.
If your RV park neighbor happens to break his ankle coming down the stairs of your RV and he doesn't have good health insurance, you could be held legally liable for the cost of his injury. If you only had standard auto insurance coverage, you?re suddenly caught in some messy gray area that could find you arguing with adjustors and ultimately paying enormous medical bills out of pocket.
Purchasing auto insurance for your full-time RV rig leaves you grossly underinsured, as it doesn?t include comprehensive personal liability coverage. As you?re talking with your insurance agent be sure to question them thoroughly about the coverage they?re selling you. If it doesn?t include comprehensive personal liability coverage, then you need to find another plan, or even another agency.
In Addition to Personal Liability Coverage There?s Emergency Expense Coverage
Your new RV is your new home, and when you?re living in a home your life stops when it becomes uninhabitable. Standard auto insurance coverage policies can?t cover the total cost of accidents or breakdowns that require extensive hotel stays, multiple meals on the road, or even car rental while you wait for that special part to make its way across the country.
Specialty RV insurance for full-timers does cover those on-the-road emergency expenses, as the packages are designed with the specialty needs of full-timers in mind. Unless you have budgeted a month's worth of on-the-road eating, living, and car rental expenses then you should steer well clear of a simple auto insurance plan for your RV. Designated full- timer RV insurance saves you the enormous unexpected side costs of emergency breakdown situations.
Experience the Joys of Full-Timing with Full-Time Insurance
The joys of the full-time RV lifestyle are many: you?ll be meeting new friends, exploring new states, and discovering what freedom really means.
Don't make the number one insurance mistake of new full-timers. Give yourself and your travel partner the peace of knowing that all the eventualities of the full-time RV lifestyle are covered in your insurance. Saving money by purchasing auto insurance instead of full-time RV insurance could be one of your costliest RV mistakes.
