October 21, 2020
Agency
Do You Need Special Insurance to Live in Your RV Full Time?
RV insurance requirements vary per state. In general, most RVs must carry a minimum amount of liability insurance. However, your insurance needs may change depending on how you use the RV.
In Missouri, all RVs require at least:
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$25,000 in bodily injury liability per person
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$50,000 in bodily injury liability per accident
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$10,000 in property damage liability
Liability insurance only covers injuries and damages someone else may suffer, however. It will not cover damages to your vehicle or injuries you and your passengers may suffer after an accident. Most full coverage RV insurance policies also include:
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Comprehensive Coverage: Comprehensive coverage provides compensation for damages to your vehicle caused by a fire, wind, hail, lightning, theft, vandalism and more.
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Collision Coverage: Collision coverage provides compensation for damages to your vehicle caused by a collision with another vehicle or object.
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Medical Payments Coverage: This insurance covers medical bills you and your passengers may face after an accident, no matter who caused the accident.
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Uninsured/Underinsured Motorist: This insurance covers damages and injuries that occur in an accident with another driver who is not carrying enough insurance to cover the expenses.
Most of coverages are designed to cover you while the vehicle is being operated as a typical vehicle, but you may need additional insurance if you are living in your RV.
Full Time RV Insurance
If you plan on living in your RV full time, you will need Full Time RV insurance—also known as full-timer insurance. You qualify for this insurance if you live in your RV for more than six months out of the year.
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Liability: Full time RV liability insurance covers bodily injury and property damage that may occur while your RV is parked. This protects you in case of a lawsuit by helping with legal expenses.
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Medical Payments: Medical payments cover medical bills someone else may face after an injury caused by you or a family member. This includes accidents such as if your guest falls in your RV and suffers an injury.
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Loss Assessment: If your RV is parked in a common area, loss assessment can cover fees an association may charge for repairs to parts of the property in which your RV is parked.
Be sure to ask your insurance agent about how much insurance you need to cover your RV.