Although there’s no standard for what an average travel trailer insurance policy actually looks like, most travel trailer insurance basically covers several hazards that vehicle insurance doesn’t. This includes comprehensive, collision and comprehensive coverage, as well as the option to include additional protection for other personal property. While these are all standard items found in most auto insurance policies, they’re not the only things that you should be looking for. Below we’ve listed a few more items you should look for when shopping for travel trailer insurance.
As with many other types of auto insurance, we recommend that you shop around to find the best rates. A lot of us live in areas where there are a wide variety of different auto insurance companies. Some of them are better than others, which means that you could find yourself paying a lot more or even getting nothing back from your travel trailer in the case of an accident. To help get a better idea of which travel insurance companies are more likely to help you out when something bad happens, check out our research at the end of this article.
One of the first things you’ll want to take into consideration when it comes to travel trailer insurance coverage is the amount of coverage for the items in your travel trailer. The last thing you want to do is buy a policy only to discover that the items in your travel trailer are not covered at all. You don’t want to have to replace your travel trailer if your home was destroyed in a flood only to find out that your belongings are not covered by your new policy. Also, keep in mind that most insurance coverage policies don’t cover injuries that happen on your travel trailer. If you were to get into an accident while you are on the road with your trailer, you might end up having to pay for the medical expenses from that accident on top of whatever else your insurance may not cover.
Another important factor that you’ll want to take into consideration when researching travel trailer insurance policies is collision coverage. This might seem like a small price to pay for insurance coverage, but the cost of a major accident can really sting. Most auto insurance companies will not cover damages to the parts of a vehicle that are the other party’s responsibility. Your travel trailer insurance policy should include collision coverage for the travel trailer and any other vehicle involved in a collision with it.
Collision coverage for your travel trailer can be tricky. If you have a brand new motorhome, it’s likely that the RV dealership will offer you a substantial discount for bringing your RV in for a quick replacement before the new one arrives. Unfortunately, this doesn’t mean that you can’t get this coverage for older RVs. Check with your auto insurance agent to see if your current homeowner’s policy will give you roadside assistance for an older RV. Some insurance companies will give you roadside assistance for just about any motorhome, even if it’s more than 10 years old.
If you own an older model of RV, you may want to check with your state farm agent as well. Many states farm requires that owners carry some kind of liability insurance, especially if you live in an area that’s prone to flooding or other natural disasters. Most states farm liability insurance rates are not very high, so you may want to check with your state farm agent about the possibility of lowering your coverage options in order to save money on your premiums.
Another coverage option for your travel trailer is pet insurance. If you have a pet, you probably know how much it costs to care for them when you’re not there to take care of them. A pet insurance policy can help you to shoulder these expenses should your pet need to be taken to the vet and get treatment. Although many people think that pet insurance is only for household animals, there are actually pet insurance policies available for travel trailers as well.
Collision coverage is another good option for your travel trailer. Collision coverage is designed to replace your travel trailer if it is damaged in an accident. The cost of collision insurance on your vehicle is based upon the difference between the retail price of your travel trailer and the actual retail cost of the damaged vehicle. If you only have partial coverage for your travel trailer, you will only have the actual value of your vehicle covered – not the trade-in value of your travel trailer.