Does your RV Insurance include Total Loss Replacement?
Protect your assets with Total Replacement Coverage for your RV. If you bought your Recreational Vehicle new, or gently used, be sure to ask about this valuable coverage. A new RV, like any vehicle, depreciates the minute you drive it off of the dealer’s lot. If you financed your RV, the depreciated value may be less than the loan payoff at the time of loss.
Total Loss Replacement coverage gives you greater peace of mind, protecting your RV investment so that you can replace it with a new, comparably equipped unit. The alternative might be additional out-of-pocket expenses to pay off the loan, or to get back into a new RV. Otherwise, you may need to settle for someone else’s used RV.
Total Loss Replacement is generally only available on a Specialty RV policy, and gives added protection against depreciation as your RV ages. Call your agent before something happens to be sure you know what your policy covers. For more tips on what to look for in RV Insurance, download our free checklist ’10 Questions To Ask Your Insurance Agent’ from Explorer RV Insurance Agency. We specialize in protecting your RV Lifestyle!
