Most West Hartford, CT recreational vehicle owners understand the need for insurance to cover events that may occur while operating their vehicle during travel and vacations. Accidents, natural events such as fire or theft, and liability all seem like perfect reasons to have coverage when you and your family are on the road. But, what about when your recreational vehicle (RV) is in storage? Do you still need insurance then?
RV storage is increasingly popular in recent years, mostly due to the fact that many cities and homeowners associations have restrictions on what types of vehicles property owners can park on their property, as well as the fact that in many areas there’s very little available parking for recreational vehicles. With an RV storage option, you can often protect yourself against fire, storm damage, or theft, while cutting your premiums during the time your RV is not in use. Look for an ALLConnecticut Insurance policy that suspends collision and liability coverage, but keeps comprehensive coverage, and you can save significantly as long as your RV is stored.
What If My RV Is Parked, But I Live In It?
Depending on where you live in CT, you may have zoning that allows full-time living in recreational vehicles. Even if you are not hitting the highway, you still need protection! Look for a specialty “Full-Timers” RV coverage package designed especially for those who live in their RVs. They generally provide coverage similar a homeowners policy but are specifically designed by RV experts to meet your unique live-in needs.
Leased or Financed Vehicles
If you are purchasing a new or used RV that is leased or financed, you may not have a choice concerning insurance coverage. You are most likely to be required to carry insurance that protects you and your lender from risks of damage to the vehicle even if it is not being driven. Once your RV financing has been paid off, you may be able to lower your insurance premiums.