Getting RV insurance quotesand comparing them is must if you planning to insure your RV. Who needs hotels when you have a home on wheels? An RV – whether it's a luxury six-wheeled motorhome propelled by a diesel engine or a two-wheeled tow-along attached to the back of your Volkswagen – can be your magic carpet.
Sounds great but for a few worries that come as part of the baggage. Insurance is the first that comes to mind especially since the cost climbs dramatically as the size of the vehicle increases. There are many ways to get into financial trouble here when you were only looking for a way to enjoy yourself with the family. This is why 4Insurance.com brings to you some of the bases you should know before you choose your RV insurance policy.
What to look out for?
When looking for reasonable RV insurance quotes, think about more than just the price. Consider the service that you'll be getting, the quality and what can be done should anything go wrong. People spend a lot of money on their RVs, and cheap insurance that doesn't adequately cover all circumstances could wreck these investments. If you approach the company that insures your automobile, then getting hold of an RV insurance policy may not be a big ask. But should something arise, you'll be glad if you took the time to get quotes from an RV insurance specialist--these companies know how to handle RV situations with a great deal more expertise. Rule of thumb is keep the RV separate from the automobile.
How to get the best quote?
Shop, shop and shop. It may not be the best activity you have got yourself into but its well worth the time and money spent if it protects your RV. You may term shopping around one of your strengths but it tries every the RV enthusiasts’ patience.
Comparison shopping - Call at least three agents so you can ask them about pricing and what that pricing includes. Make a checklist and take notes. That gives you a better idea of what price range you are generally looking at, and it may give you a competitive edge when you are talking to one provider about what another insurer is offering you - it might help you get a better deal in the end.
Take everything in writing. Once you do choose from a number of insurance providers, always ask for any proposals they give you to be submitted in writing. It makes things clearer for you and also ensures that the automotive insurer doesn't go back on his word.
Assess your assets. Take a good, hard look at all of your assets and make sure that you've got enough liability coverage to protect them. Don't skimp out on this step or you could be sorry down the road. Do not over insure or under insure your RV.
Think along the lines of a secondary coverage too. This could include anything from emergency road service to rental reimbursement. That decision will really depend on how frequently you use the vehicle and if you want to fork out a bit of extra money every month to have that little bit of extra reassurance.
Inform agents of Mortgages or Leases. This will make a difference in terms of what the insurance will cost and what kind of coverage you will get. You should also also be aware of your car’s present value. This could affect your decision to get or waive collision and comprehensive coverage - if your car has lost most of its value, it may not be worth getting this extra coverage. Opt for the highest deductibles that are available, provided that this kind of coverage is necessary so as to reduce the premium and give you the much needed extra saving.
Fish for Discounts. Lastly, make sure to ask about discounts. These could apply to anything ranging from age to good driving records to multiple vehicle discounts when you have several vehicles insured with the same company.