Are you considering swapping your home or apartment to live on the road instead? Or maybe you like to travel but prefer the vast open roads instead of an airplane ride. Then, you may be thinking of joining the millions of Americans who own an RV. In either scenario, you will need insurance for your motorhome.
In Ohio, insurance for an RV/motorhome is required – whether you live in it or use it for leisure while traveling or camping. So does it make a difference in pricing when adding your motorhome as a residency vs. a recreational vehicle? Yes, it does.
You may be able to save money on your insurance premium when you decide to get part-time coverage vs. full-time coverage.
Full-time vs. Part-time RV Insurance
According to one of the insurance carriers we represent here at Bill Palmer Insurance, they state that “full-time RV insurance is an optional coverage that provides protection for those who use their RV as their permanent residence — typically defined as residing in a motorhome or travel trailer more than six months out of the year.”
Simply put, you can own a motorhome and live in it, provided that you add the extra coverage that will insure you in the state of Ohio full-time. With a full-timers insurance policy, you’ll be covered against injuries, liabilities, and inevitable losses that may occur around your RV.
Choosing the Best RV Insurance Policy in Ohio
To protect your motorhome and financial responsibilities, you’ll need to purchase an insurance policy that satisfies the state requirements in Ohio. This part can be a little tricky. But it’s important to know that just like your house or personal vehicle, owning an RV/motorhome comes with certain risks, which may arise whether you’re on the road or parked in a campground.
It’s important to remember that a motorhome (RV) is essentially a home on wheels, so size matters when it comes to this type of insurance, whether it is part-time or full-time. Just as the rates depend on the square footage and construction of the home, motorhomes are measured by length and type of vehicle. So if you haven’t purchased a motorhome yet, you may want to consider the size according to your budget.
A key difference is that a part-time policy (sometimes referred to as recreational RV insurance) usually comes with the option of vacation liability coverage. This covers injuries or damages that occur in or around your RV during short trips. Meanwhile, a full-time RV insurance policy contains broader liability coverages in order to protect you for a longer period of time. These coverages typically include personal liability, medical payments, and loss assessments.
Contact the Bill Palmer team in Lancaster, Ohio for a free quote at 740-687-5733 for more information regarding our products and services for your motorhome.