To most people, RV life is all about travel and relaxation. It doesn’t cross their mind that living in a mobile home exposes you to accidents, breakdowns, theft, and even catastrophes. Since an RV doubles up as a vehicle and also a home, insurance will be among the top expenses. However, there are five ways you can make RV insurance more affordable and save a coin;
Get Different Quotes Online
It is shocking how many insurance companies cover recreational vehicles and how much their premiums vary. To get the best deal, compare several companies. Don’t be clouded by the low premiums. Pay attention to what they are covering.
Consider a Higher Deductible
The deductible is the amount you will pay from your pocket before your insurance steps in. If you can manage to raise this amount, you can get lower premiums and save a lot of money monthly. The good thing about this is that you only use your deductible once if you have a claim.
Look for Discounts
One of the best ways to save on insurance is to look out for any areas you can get a discount. For example, you can take a driver’s safety course, or pay your premiums annually in full. Some companies will even give you a discount if you have a family. You can easily compare the quotes on an online platform like Usave to get the best deals on insurance and other expenses such as internet connection.
Choose your RV with Insurance in Mind
In case you haven’t bought your RV yet, go shopping with insurance in mind. It’s important to note that the type of RV you purchase will determine the cost of your premiums. Your premiums will also depend on the RV’s value, make, model, and material. The best thing you can do is to have a chat with your insurer and get to know the factors that affect your premium so you can buy an RV that you can afford to insure.
Buy Usage-Based Insurance
Unlike other vehicles, you can choose to use your recreational vehicle once a year or live in it. Depending on how often you use the RV, you can negotiate the terms of your insurance coverage. For example, if you only take out your RV once a year to travel for Christmas, you might want to check if it can be covered under your homeowner’s insurance.
If you use it regularly or even live in the van, full coverage is vital to ensure you are covered for anything that could go wrong. The bare minimum will not suffice in this case because a lot is at stake.
There are many other ways you can save on RV insurance, including having a good credit rating, asking for membership discount and even setting up automatic payments. The good thing is that you can also combine some of these tips to save more money and use it to pay for other RV expenses.