They would only insure my RV for the value of the motorhome when it was in its original state. I had no tow vehicle, it was old, and it had a complete renovation. I had a trifecta of issues when shopping for insurance for my 1984 Class C motorhome. Problems arise when you have an old model RV, or you made extensive renovations that affect value. Several companies offer full-time RV insurance coverage, so you can feel confident traveling about the country. You need comprehensive coverage on your recreational vehicle to deal with possible towing, repairs, hotel stays, car rentals, or even full replacement. When you full-time RV you rely on your camper to get you where you’re going. If you’re making plans to live full-time in your RV, insurance can become problematic if you have no other vehicle, like I found when I began my RVing life. If you use your camper sporadically, you can add it onto your auto insurance policy with few issues. Most people use the purchase price for value, but if you inherit a camper or got an excellent deal, you may need to prove a higher value so you can protect your investment in the RV. You will need to have a value for replacement if stolen or to cover damages from an accident. Once you own an RV, you’ll need to put insurance coverage on it. But if you don’t have a ballpark figure of the actual value of the recreational vehicle you wish to purchase, you can easily overpay even if they offer you a number lower than the asking price. Going into an RV superstore and paying sticker price is just as silly as paying the full asking price from a private seller when their RV has issues. There are different ways to come to a price you feel comfortable paying when purchasing an RV, or a price you feel is fair when selling your camper. #1 – Buying/Selling: Putting a Price on a New or Used RV These different reasons have an impact on value, which I will detail below. There are several reasons you will need to know the value of a camper, trailer, motorhome, or fifth-wheel like:
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