RV Extended Warranty or RV Insurance: Which Coverage is Right for You?

Owning an RV gives you the opportunity to explore the open road without leaving the comforts of home. However, with this freedom comes a responsibility to protect your investment and your newfound adventure. RV insurance and RV extended warranties are two great tools that can help you protect your vehicle, but what’s the difference between the two? We’ll walk you through what each one does and why you might consider each type of coverage, so you can make an informed decision about your coverage needs.

RV Insurance

With the exception of travel trailers, almost every U.S. state requires some form of RV insurance, but for most adventurers, getting more than the state-minimum requirements is a good way to make sure you’re well-protected for your journey.

There are a lot of coverages to choose from, but the most popular are:

• Liability insurance: protects you if you’re responsible for someone else’s injuries or property damage. This is often the coverage required by your state, and for good reason. It ensures that you’ll be able to pay if you end up damaging someone else’s vehicle in an accident.

• Comprehensive coverage: protects you from unexpected damage not caused by a collision. This could be anything from theft to physical damage caused by weather, or even hitting a deer.

• Collision coverage: which covers your unexpected damage caused by a car accident. This type of coverage can help you pay to repair or replace your RV if you’re in an accident.

Many insurers also offer additional coverages like roadside assistance, pest damage protection, and even coverage for your pets. If you need to get insurance on your RV, find a carrier or local agent to help.

RV Extended Warranty

This type of coverage isn’t legally required, but it can help you save money over time. It works similarly to insurance, but instead of covering unexpected damage it pays for wear and tear and mechanical breakdowns. This coverage is particularly useful for older RVs or those with high mileage, since they’re more likely to have mechanical issues.

• RV extended warranties typically cover major components such as the engine, transmission, and electrical systems. They can also include coverage for appliances like refrigerators, air conditioners, and water heaters. If any of these components fail, the warranty helps cover the repair or replacement costs, potentially saving you thousands of dollars.