The Basics of Camper Van Insurance

A camper van is a recreational vehicle that requires its own specialized camper van insurance plan.  Unlike a private passenger vehicle, which is classified as a Class A automobile, a camper van is designated as a Class B motor vehicle and cannot be covered with the same type of insurance as a standard vehicle.  If you are quoting camper van insurance online, there are coverages you should make yourself aware.  Because a camper van, otherwise known as an RV, is larger in size, there are greater chances a third party could be injured or property could be damaged in the event of an accident.  It is important to discuss available coverage options when receiving camper van insurance quotes, and to budget for either permanent or temporary camper van insurance accordingly.  By consulting an experienced agent dealing in camper van insurance, you will gain a deeper understanding of how your camper will be rated and covered.


Liability Insurance

If your recreational vehicle is registered through your state of residence, you are required to carry liability insurance.  Exceptions apply for those who have their camper vans registered as non-operational. However, when you switch the registration to operational you will be required to show proof of liability insurance to the Department of Motor Vehicles in your state.  The limit of liability required by each state may vary.  It is important to consult an agent licensed in your state to inquire about the state mandated limits in your area.

Liability insurance is designed to cover injuries and damages caused to a third party when you are found at fault for an accident.  Bodily Injury coverage, also referred to in insurance terms as BI coverage, will pay for injuries sustained to a third party, whereas Property Damage, PD, will pay for damages you cause to vehicles or property.  BI coverage is broken down into two limits: per person and per accident.  For example, the state of California requires drivers to carry $15,000 per person and $30,000 per accident Bodily Injury coverage to satisfy financial responsibility laws.  Property Damage is limited to a per accident basis.  The state of California requires no less than $5000 per accident of PD.

When you are receiving van insurance comparison quotes, it is important to understand how the van is being rated.  Some companies will rate your van based on stated value.  This means the van is worth the amount you state to the company.  Others will rate the vehicle based on the listed MSRP.  These rates are generally higher because they are averaging the cost new of the van.  Be sure to ask the insurance agent how your van will be rates and discuss limits of liability that will adequately protect you and your assets.

Physical Damage Coverages

Physical Damage coverage will pay to either repair or replace your RV after a covered loss.  Physical Damage coverages with private van insurance are separated into two separate categories: Comprehensive and Collision.  If your van is being financed, you will be required to carry both comprehensive and collision coverages.  Generally, individuals who park their vehicles for a period of time throughout the year will carry short term van insurance, however it is recommended to keep comprehensive coverage all year in the event your vehicle is damaged while it is in storage.

Policyholders can still find cheap camper van insurance with full coverage.  Because a camper van is such a large investment, it is important to weigh your options and cover against physical damage losses.  Comprehensive coverage will pay for damages that arise from fire, theft or vandalism while the vehicle is moving or while it is parked.  Collision coverage will pay to repair or replace the van up to its value in a not at fault or at fault accident depending on whether the other party was insured.  Choose deductibles you can afford that will conserve premiums annually.

There are several additional coverages included in a camper van insurance policy.  Total loss replacement, emergency expense coverage, vacation liability, and personal belongings coverage are also special coverages you should consider for extra protection.  With convenient quote and bind tools available on the Internet, you can educate yourself on the limits available and tailor a plan that will suit your needs while still falling below your budget.

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