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Where will you head first in your RV? You could take a tour of the Great Lakes, spend the winter in the Upper Peninsula, visit Ann Arbor, Detroit, or Grand Rapids. Your RV is a great way to see everything Michigan has to offer.
But recreational vehicles are also perfect for seeing what lies beyond the Michigan state border. You may venture into Canada or head south for warmer weather. Before you pack up your RV with kids, pets, and luggage, make sure it’s road-worthy with a solid RV insurance policy that offers maximum coverage.
The best Michigan RV insurance policy will protect you from whatever happens out on the road and once you park. Some insurance coverage is mandated but a full coverage policy offers the best protection for your family, yourself, and your RV.
SPEAK TO AN MICHIGAN RV INSURANCE SPECIALIST
CALL THE MICHIGAN RV INSURANCE HOTLINE: (704) 887-5513 FOR MORE INFORMATION.
Charlotte Insurance is here to help you find the perfect Michigan RV insurance policy for the RV you own, the life you want to lead, and the places you plan to go.
Get a free Michigan RV quote for your first RV policy or your next one by contacting us today. We’ll help you protect your home-away-from-home when you’re on the road and when you’re parked.
Common Michigan RV Insurance Misconceptions
Isn’t my RV covered by my homeowners policy?
In general, no, your home insurance won’t cover your RV. You may have a limited amount of coverage while you’re parked at home in Michigan but it won’t be enough to replace your RV or fully pay for damages. And once you get on the road, your homeowners policy won’t cover you at all.
What about the stuff inside my RV – isn’t that covered by home insurance?
You may have a small amount of coverage for the belongings inside your RV but only while you’re at home. And again, it won’t be enough to replace everything. Once you leave home with your RV, you won’t be covered. Plus any accessories you’ve added or upgrades you’ve made to your RV aren’t covered at all.
Isn’t RV Insurance in Michigan expensive?
The premiums for RV insurance in Michigan depend on many factors such as whether you use your RV full-time or part-time, your driving record, claims you’ve filed in the past, the age and condition of your RV, and the limits and deductibles you select for your policy.
RV insurance doesn’t have to be expensive but it’s always important to buy as much coverage as you can afford. That way you have the most protection possible when something goes wrong.
Michigan RV Insurance Requirements
The state of Michigan requires motorhomes to carry a minimum amount of liability insurance:
- $20,000 for bodily injury per person
- $40,000 for bodily injury per accident
- $10,000 for property damage per accident
The minimum required by law is unlikely to offer enough protection if you’re at fault in an accident with serious injuries or involving multiple vehicles. It’s important to purchase as much coverage as you can afford to avoid financial surprises later.
The state of Michigan also requires the purchase of personal injury protection (PIP) coverage. If you have a qualifying healthcare plan, PIP can be treated as a secondary insurance. This can help reduce your premiums for coverage.
Michigan also requires property protection insurance (PPI). This pays up to $1 million for damages your RV causes to other people’s property or parked vehicles in Michigan.
Non-motorized RVs like travel trailers, fifth wheels, pop-up trailers, and others do not fall within these requirements. They can be included under your auto insurance policy. You may still want to consider an RV insurance policy for maximum protection.
Types of Coverages for Michigan RV Insurance
Beyond being mandated by the state of Michigan, it’s also important to understand what liability insurance is and how it works. When you’re at fault for an accident, your liability pays for two types of injuries:
- Bodily injury
- Property damage
Liability covers you while you’re on the road and once you park on a campground, at an RV park, or elsewhere. Similar to your home insurance, liability pays for the bodily injuries and property damage for a third-party (a person doesn’t live with you) if they’re hurt while inside your RV or at your campsite. If they decide to sue later, liability insurance pays for your legal fees and settlements or judgements – up to your policy limit.
RV liability insurance is designed for the unique risks of driving and living in a recreational vehicle.
Personal Injury Protection (PIP)
Personal Injury Protection (PIP), also known as No-Fault coverage, covers you, whether you’re at fault in an accident or not, up to your policy limits.
PIP coverage includes:
- You and any relatives living in your RV
- Some passengers who lack PIP coverage
- Certain licensed drivers who drive your RV with your permission.
- When you’re in someone else’s vehicle.
- When you are a pedestrian or bicyclist and are in an accident involving another motor vehicle.
- Children living in your household who suffer an injury while riding on a school bus.
Per Michigan law, PIP coverage is required to pay for the following:
- All necessary medical expenses with no maximum limit.
- Wages you would have earned if you hadn’t been injured for up to three years. A maximum amount will apply.
- Up to $20 per day in replacement services such as childcare, housekeeping, yard work, etc that you’re unable to do because of your injuries.
- A monthly death benefit to your spouse and dependents based on the total you would have earned, including fringe benefits, for up to three years.
Personal Injury Protection Deductible lets you choose a deductible of $250, $500 or $1,000. Upon payout of your claim, the deductible amount will be subtracted from the available PIP benefit or the total amount you can collect.
- If you choose a PIP with a deductible for “Named Insured only,” then the deductible will only apply to the named insured (you) and your spouse but not any other relatives that live with you.
- If you choose a PIP with a deductible for Named Insured & Resident Relatives, then the deductible will apply to the named insured (you), your spouse, and all dependent relatives who live with you.
Work Loss Exclusion allows you, as the policyholder, to exclude any benefits received for loss of gross income and earning capacity from your PIP coverage.
Comprehensive and Collision
Your Michigan RV is more than a home, no matter how temporary; it’s also a motor vehicle. Hitting a deer or sustaining damage after a big storm are problems every driver faces. Comprehensive and collision insurance helps pay to repair or replace your RV after a covered peril. Deductibles apply.
If you finance your RV purchase, your lender will likely require comprehensive and collision insurance. This is often referred to as “full coverage.”
RV insurance coverage pays for physical damages to your RV. How much you’ll be paid if your RV is declared a total loss depends on the type of coverage you select. You can choose from one of three options:
- Actual Cash Value (ACV): ACV is the most common option. You’ll receive an amount equal to the value of your RV at the time of the loss. Your RV’s age and condition will be used to determine the ACV. It’s unlikely you will be paid enough to fully replace your RV if your RV is a few years old.
- Agreed Value (AV): This is a good option if your RV is newer but was previously owned or if you’ve made a lot of customizations. AV coverage pays an amount that’s agreed to when you purchase your policy. Depreciation of your RV for up to 10 years is not considered in determining the value. The amount you’ll be paid will be listed on the Declaration page of your policy.
- Replacement Cost (RC): Replacement cost coverage is ideal for anyone with a new RV. You’ll receive enough to replace your RV with the exact model or a comparable one up to the first five model years. After five model years, you’ll receive an amount agreed upon when you purchased your policy. This will be listed on the Declaration page of your policy. Your Michigan RV must be the current model year or only one model year old at the time you purchase the policy. There can be no previous owners and have never been titled or insured before.
Deductibles will apply.
Unexpected damages or having an accident, while located in Michigan or around the country, means you may not have a home or vehicle for a while. Emergency expense insurance helps pay for temporary accommodations, transportation, and towing during this time. To qualify, your RV must be disabled more than 50 miles away from your home or storage facility.
Emergency expense covers:
- Hotel stays and other temporary living accommodations
- Renting a vehicle during repairs.
- Transportation home.
- Towing your RV home, as long as it isn’t a total loss.
If you purchase full-time RV insurance, emergency expense coverage will have different requirements instead of the 50 mile rule. Talk to your independent insurance agent about this when you insure your Michigan RV.
The outside of your RV isn’t the only thing that needs insurance coverage. Your belongings on the inside of your RV also need to be insured. Personal effects insurance helps replace these belongings. This includes clothing, electronic devices, appliances used inside your RV, and other items.
If you travel with high-value items, like jewelry or collectibles, ask about a separate policy. Standard personal effects coverage usually isn’t enough for these items.
Turning your RV into your full-time home is more than just a lifestyle change – it also carries more risk than part-time living. Full-timers RV insurance provides extra protection while you’re in Michigan and as you travel across the US and beyond. Coverage is also available when you live in your RV during home renovations, repairs, or construction. The primary vehicle used must also be your primary residence.
Full-time RV insurance allows you to add other important coverage: Medical Payments, Loss Assessment, Attached Accessories, Adjacent Structures, and more.
Medical payments coverage pays for any injuries that happen during an accident regardless of who’s at fault. The same coverage limits will apply to all vehicles on your policy.
Uninsured/underinsured motorist (UIM) pays for bodily injuries and physical damages after an accident, up to your policy limits, when the other driver is at fault but they don’t have enough or any liability insurance.