RV Insurance versus RV Extended Warranty

by | Nov 26, 2018 | Uncategorized

Top Stories

Categories

Archives

Owning an RV and traveling the countryside is a dream for many people. However, all the miles add up after a while, leaving you with unexpected repair costs. You may think RV insurance is all you need. However, an RV extended warranty helps offset these costs, enabling you to get back on the road. RV insurance and extended warranties are essentially the opposite of each other. Read below for our guide on the differences between RV insurance and RV extended warranty and why it’s optimal to have both.

RV Insurance

The most common type of RV insurance is comp and collision. This type of insurance works the same as car insurance and protects you against financial loss from an accident. In addition, RV insurance covers damages caused by unexpected situations, such as fire, theft or vandalism. Each state requires a set amount of liability insurance so RV insurance is the first thing you should purchase before you start your travels. Various types of RV insurance include:

  • Minimum Liability

  • Comp & Collision

  • Total Loss

RV Extended Warranty

An RV extended warranty is designed to cover repair costs for mechanical failure of various components within your coach. The majority of extended RV warranties pays the full amount for parts, labor and diagnostics. These warranties typically exclude failures caused by accidents, weather or physical damages. In other words, RV extended warranties cover what RV insurance doesn’t and vice versa. There are various RV extended warranty and coverage levels, such as:

  • Exclusionary RV Extended Warranty

  • Listed Component Policy

  • Powertrain Only RV Extended Warranty

An RV extended warranty is always a smart investment. Visit the Good Sam Extended Service Plan website today.