Found A MotorHome For Sale? Don’t Purchase Until You Have Insurance
Sara Leadbetter
You’ve found a motorhome for sale and you’re off to buy it. Wait! Have you factored the cost of insurance into your budget, and most importantly; have you actually purchased motor home insurance? A little common sense requires that you do both of these before rushing out to purchase your new recreational vehicle! Imagine your distress if it was hit as you pulled out of the sales yard or it was broken into after you had packed it full of goodies before your first trip…..and you didn’t have insurance.
There are two aspects of Motor Home insurance that a new buyer should consider – the financial and the practical. Financially, one should weigh up both the monthly premiums and the value of those premiums should an accident or theft occur. On a practical level, one must research the most appropriate cover for their vehicle and its drivers.
Initially, contact your current household or auto insurance provider. Not all will offer Recreational Vehicle insurance, but those that do will usually also offer a discounted rate for the purchase of multiple policies. You can use this discounted quote as a starting point and a figure to compare other protection quotes with.
However, it is also important to look at exactly what the insurance will cover and it is well worth finding specialised motorhome insurance protection designed specifically for the recreational vehicles, their typical uses and their breed of owners. If you plan to use your motorised home full time, look for coverage similar to homeowners, if you do not then you will want to have a storage option on your policy. When your vehicle is not in use, this option will save you at least 50% of your premium. Whoever you choose should offer specialised cover including:
1) Claims representatives who specialise in motorhomes and therefore understand their particular needs and the needs of their owners. 2) A service call allowance which pays for (and this is important) a Motor Home expert to come and have a look at your vehicle should it break down. 3) Cover for more than one driver 4) Hitch coverage which is cover for the whole hitch assembly to be replaced. 5) Protection for permanent vehicle attachments such as antennae and awnings. 6) Full replacement; providing you with a replacement vehicle when yours is un-drivable or stolen. 7) Like holiday insurance, there should be an allowance for emergency expenses to help you cover food, travel and lodging in the case of loss of your vehicle. 8) Between 00 – 00 coverage for the contents of your RV.
Use the experience of others where you can. It is well worth asking any motorhome owners that you know about the most important aspects of cover one should look for. Take a look in campervanning magazines for the contact details of current motorhome owners – you will be able to ask them about their own experiences and recommendations.
Those who have owned a motor home and been on the recreational vehicle travelling circuit for a few years, will have first or second hand knowledge of what each insurer will actually deliver following a theft or accident. The last is particularly important. Remember that the cheapest premiums may well offer only ‘cheap’ cover when you actually need it!
A Business Advisor specialising in Internet Marketing, Sara Leadbetter is based in Christchurch, New Zealand. Working with Motorhome Dealerships across New Zealand and Australia, this report on Motor Home Insurance is based on her work with http://www.life-style.co.nz/
Tags: distress motorhome sale