Why Do I Need Motorhome Insurance?

If you are thinking about taking a road trip, one of the cost-efficient things that you could do would be to drive your very own motorhome. Before you buy a motorhome in the McKinney, TX area or plan any trips, it is important to consider your motorhome insurance needs. There are several reasons why you need to make sure that you have proper coverage on your motorhome.

Ensures State Requirement Compliance

If you intend to take your motorhome out on the open road, you will need to comply with the state minimum requirements. Similar to any other type of vehicle, you will need to carry liability insurance whenever you are driving your motorhome. In Texas, this will require you to have property damage coverage of at least $25,000 per accident and bodily insurance coverage of $60,000 per incident with a $30,000 per person cap.

Protects Your Asset

While you will want to make sure that you are in compliance with the law, you should also make sure that you are properly protecting your asset. When you purchase a motorhome, you could be taking on a lot of financial responsibilities. Because of this, you will need to make sure that your motorhome is properly protected. A full policy will provide you with protection against many different types of losses. Also, if you have taken out a loan to buy the motorhome, you could also be required under the loan agreement to carry insurance at all times.

If you are looking for a new motorhome insurance policy in the McKinney, TX area, you should reach out to Parker Preferred Insurance. When you meet with this team you can further discuss all of the different motorhome insurance options available to you. This will help you to pick the perfect motorhome policy for your situation. Contact our offices to get a quote in the DFW area.