RV Insurance Coverage in Kokomo, Indiana
Owning a recreational vehicle can be an amazing experience. An RV gives you the ability to depart from the daily grind and explore the countryside at your leisure. But with that new freedom comes a responsibility to protect your investment. Killingbeck Insurance provides the best RV coverage at the lowest prices. Whether you’re a retired couple traveling our great nation’s roadways, or a vacationing family visiting one of America’s beautiful national parks, Killingbeck Insurance can protect your RV or motorhome with unmatched specialized coverage.
Just like boats and motorcycles, many people falsely believe that they don’t need insurance coverage on their RVs. But unfortunately, all the same problems that befall conventional automobiles – accidents, theft, vandalism - are just as likely to occur with RVs and motorhomes.
Recreational vehicle coverage from Killingbeck Insurance can protect you in the event that you incur medical expenses in your own or someone else’s RV, and provide liability coverage if you damage property or injure bystanders. Your motorhome is a substantial investment, so it’s important that you invest a little more for that piece of mind that allows you to truly enjoy your travels. After all, your RV isn’t just another car – it’s your home on wheels.
Can my RV be covered under my auto insurance policy?
While it is technically true that a recreational vehicle can be added to an auto insurance policy, we strongly recommend a stand-alone policy because it provides comprehensive coverage for RVers. What’s more, stand-alone RV policies often cost a lot less than adding coverage to your auto insurance plan, in addition to providing significantly better coverage.
Another great aspect of stand-alone RV coverage is that it offers ‘replacement coverage,’ which means that if your motorhome is totaled and insured on a separate RV policy, your insurance will pay the cost to replace it. Auto insurance will only pay what your recreational vehicle was worth at the time of the accident. Considering the rapid depreciation in value of most vehicles, that won’t be nearly as much, especially if your RV was an older model.
Stand-alone RV insurance from Killingbeck also offers much better roadside assistance, personal property and vacation liability than a standard auto policy can. Additionally, seeing as recreational vehicles are typically much larger and more expensive to repair than the average personal automobile, an auto insurance policy is made with smaller limits in mind and can’t cover the needs of an RV.
Another attractive option of a stand-alone RV policy from Killingbeck Insurance is a feature known as ‘disappearing deductable.’ For every year you own your recreational vehicle and are claim and accident free, your deductable will drop 25 percent. This means that after just four years without filing a claim or having an accident, you will have been awarded a zero deductable on your policy.
What does an RV insurance policy cover?
Most recreational vehicle insurance policies are similar to auto policies in that they provide the same types of coverage, except that they’re adapted for the larger size and higher cost of repairs for motorhomes. Most RV insurance policies in Kokomo, Indiana cover:
- Bodily Injury / Property Damage Liability – Pays for any damages or injuries your RV causes to another party.
- Uninsured / Underinsured Motorist – Covers your losses if the driver you are in an accident with does not have insurance or the resources to pay you for the damages.
- Medical Payments – May be used to pay for medical expenses in case of an accident requiring medical attention, regardless of who is at fault.
- Comprehensive / Collision Coverage – Compensates you if your vehicle is stolen or damaged in a wreck.
- Roadside Assistance – If your RV breaks down, a roadside professional can help you with towing, flat tire changes, battery jumps-starts, fuel delivery, and anything else needed to get you on your way.
- Emergency Expense – This type of coverage kicks in to cover the cost if the police or fire department need to be called to save your vehicle.
Does my RV insurance cover me outside the United States?
Your Killingbeck RV Insurance policy extends to all 50 states as well as to Canada. However, if you travel south of the border, things are a little different. Regular liability coverage does not extend to Mexico. If you’re planning on driving down to Mexico, be sure to buy Mexican Liability Insurance from a reputable Mexican insurance agency.
What if I use my RV for several consecutive months at a time?
If you use your RV for months at a time, there are several aspects to consider:
- Vacation Liability – Protects you if you are held liable for bodily injury or physical damage to another person. Coverage limits are typically available from $10,000 to $500,000.
- Contents Coverage – Covers personal property that you take with you in your recreational vehicle. If you have homeowner’s insurance, your policy will extend to cover your personal belongings, but after one month this coverage typically drops to $10,000. If you plan on taking high-value items that exceed this limit, you may want to consider Contents Coverage for your recreational vehicle.
How much RV insurance should I carry?
Determining the specific amount of coverage you need means considering the following factors:
- State Requirements – The state where your RV is registered has a lot to do with the coverage you will require. Be sure to discuss your state’s requirements with your Killingbeck Insurance Agent before choosing your coverage.
- Type of Recreational Vehicle – The type of RV you own determines the type of coverage you need. Larger RVs are likelier to cause more damage to other vehicles, and highly customized RVs are more expensive to repair. You’ll need liability coverage sufficient for the type of recreational vehicle you’re insuring, and the way that you use it.
- Leased or Financed RVs – If you’re looking to insure an RV that you do not personally own, you may be required to carry minimum insurance coverage that protects you from the risk of having to pay the full cost of the RV in case of an accident. When you've paid off your vehicle, most likely you’ll be able to lower your policy premiums.
- Deductible – Higher deductibles can lower your coverage costs over the short-term. However, before choosing your deductible, it is important to keep in mind the amount of money you’re comfortable with paying out-of-pocket in case of an accident or loss.
- Coverage Limits – Before automatically deciding on the cheapest coverage limits possible, consider your financial situation. Lower limits may be cheaper in the short run, but if you’re involved in an accident or incur a loss, will you be able to pay the damages that go over your coverage limits? If not, it is wise to consider higher liability limits. It could end up being the best choice for you.
- Storage Option – If you go through long periods of time without using your RV, be sure to take advantage of our Storage Option. It allows you to reduce your premiums by more than 50 percent by suspending collision and liability coverage's during the seasons your vehicle is not in use. Comprehensive coverages stays in effect to protect your RV against unforeseeable threats such as theft, wind, fire or storms.
Check with your Killingbeck Insurance Agent to see what’s best for your situation, since company policies and state requirements vary widely.