RV Insurance in Colorado

Colorado has multiple beautiful spots where you can camp. It has a lot to offer outdoor adventurers, whether it is the desert or the landscape surrounded by mountains. Of course, this means that RV trips in Colorado are pretty common. Families and lone wolves travel to Colorado for a relaxing and fun outdoor trip to the beautiful state. In fact, plenty of Colorado residents also own RVs. If you also live in Colorado and own an RV, protecting your investment and learning about recreational vehicle insurance in Colorado is essential.

There are multiple different types of RVs available, and some can be quite expensive. At times, retired individuals invest in recreational vehicles using all of their retirement funds. Even when youngsters buy an RV, they spend a big chunk of their savings on the vehicle. Hence, this money should be protected against damages and claims by third parties.

In this article, we will help you understand what’s recreational vehicle insurance in Colorado like and the coverage it provides:

What is RV Insurance?

An RV is a vehicle or trailer that provides living accommodations such as a small sleeping area, a kitchenette, and a bathroom.

People use an RV to travel across the country, go camping or simply have a motorhome. Since there is a range of recreational vehicles bought for different purposes, it is essential to buy the Colorado RV insurance that best suits your needs.

People who use their RV as a multipurpose vehicle for traveling and living can buy hybrid insurance of home insurance and auto insurance.

There are three categories of RVs:

• Class A RVs - These are motor homes and the largest in size with multiple features.
• Class B RVs - These are camper vans with a raised roof and sliding doors. They are comparatively smaller and also less luxurious than class A RVs.
• Class C RVs - These RVs are built on a truck or van chassels. The roof extends to make a small space for sleeping.  

What Does RV Insurance in Colorado Cover?

Since recreational vehicles are used for living and traveling, RV insurance is considered a hybrid of auto and home insurance. Following is the coverage that you can expect to be provided by insurers:

Auto Liability Coverage: RVs are massive vehicles, especially class A RVs, which can be as big as 45 feet long. If such a vehicle gets into an accident or collision, it is bound to cause a lot of damage. Hence, recreational vehicle insurance in Colorado is required to get protection from claims made by third parties for injuries or damage to property if you cause an accident.

Personal Liability Coverage: Some travel enthusiasts who prefer to live on the go use their RVs as permanent residence. In such cases, you would want the same personal liability coverage included in your Colorado RV insurance that a homeowner has in their homeowners' insurance to receive compensation against claims for sustaining bodily injury or property damage caused by someone in the household.

Vacation Liability Coverage: When living in an RV while traveling, you might need vacation liability coverage to receive financial protection from bodily injuries or property damage that might occur because of your RV while staying in a park.

Content Coverage: With so much space available, RV owners often keep their valuables with them while they travel. Of course, if you use your RV as a residence, then you may have a lot of things stored in your RV. It is possible that the content in your RV may get stolen or damaged because of theft, burglary, or even fire. Content coverage will benefit you in such a situation and compensate you for the loss. RV insurance covers the appliances, furnishings, and all your personal belongings in the RV.

Collision Coverage: When out on the road, there will be times when your RV may get into a collision while you are on the move. In such cases, collision coverage provides you compensation for the damage.

Comprehensive Coverage: When there are other people and RVs around, it is likely that your RV may get damaged while it is parked. The damage an RV sustains is not always because of a collision. The policy covers damage sustained because of floods, falling trees or branches, tornadoes, and wildfires.

Towing and Roadside Assistance: Since RVs are large vehicles, they require special towing in case they stop operating in the middle of the road. You may encounter a big financial burden if you ever require roadside assistance for your RV. Hence, this coverage provides you financial security and doesn’t make a dent in your savings. 

Is RV Insurance Required in Colorado?

Colorado residents are required to have liability insurance for their RVs, so they are protected in case they are responsible for causing bodily injury or property damage. This insurance provides coverage against third-party claims.

You also have the option to extend your regular auto insurance to cover your RV. However, it is better to buy a separate Colorado RV insurance because a regular auto insurance policy does not provide coverage for contents or from damage caused by fire while cooking since these are RV specific situations.

What is the Cost of RV Insurance in Colorado?

The cost of recreational vehicle insurance in Colorado depends on several factors as listed below:

• The type of RV you own
• How many miles you travel using your RV each year
• How long you use the RV for living
• Your driving history
• Your credit score
• The past claims you have made
• Value of your personal belongings kept in the RV
  

Conclusion

Everyone has different needs according to their usage of the RV. Hence, it is essential to buy the policy that will be beneficial for you in a time of financial constraints.

At Badger’s Insurance Advisors, we have the experience to understand the individual needs of RV owners. Since we are independent insurance advisors, we will seek out the right deal for you without inclination toward any specific insurance advisors. 

Get in touch today to discuss the best recreational vehicle insurance in Colorado that you can get.