Why Buy RV Rental Insurance?
Many people choose to rent recreational vehicles (RVs) to use
while on vacation. Some of the time, these rental RVs can be
covered through the driver's auto insurance policy. The way to
do this is to first obtain an Insurance Binder/Endorsement from
the auto insurance provider. Next, the RV rental agency must be
added to the auto insurance policy as an "additionally insured"
and a "loss payee." There are many limits and complications to
this option. Many drivers find that this coverage is not
adequate and choose to purchase additional coverage through the
rental agency. This is often a better option because it is less
complicated and provides more comprehensive coverage. RV rental
insurance is usually very reasonably priced and is most often
secured through MBA Insurance.
It is a good idea for RV renters to purchase additional RV
rental insurance. This covers the renter if there are damages to
the RV, or if the RV damages other vehicles or property. The
fact that most RV renters do not regularly drive RVs makes
rental insurance a particularly good idea. RV rental insurance
can usually be purchased from the RV rental agency for a
reasonable daily fee. The fee varies depending on the rental
agency and the particular model of RV. Insurance for smaller RVs
starts around $15 per day, with medium sized RVs often costing
$20 a day, and the largest models costing $25 daily. It is
usually a good idea for renters to purchase Supplemental
Liability Insurance. This insurance usually costs about $10 a
day and provides the renter with liability protection up to one
million dollars.
Most RV rental agencies provide insurance through MBA Insurance.
MBA is the top name in RV rental insurance and has provided its
services since 1978. MBA protects both renters and the rental
agencies. Their policies save the rental agencies money by
insuring the renters and keeping costs low for the rental
agency. MBA Insurance provides the renter with full coverage,
including liability up to a million dollars, collision,
uninsured motorist, and comprehensive. Most RV renters choose to
purchase this insurance through the RV rental agency, but it can
also be obtained through the renter's auto insurance company in
many cases.
RV rental insurance covers the renter for most road-related
damages and liability. Most RV rental insurance doesn't cover
the interior of the recreational vehicle. Renters must be
especially careful with the appliances and furniture in the RV,
as those items are not usually covered by insurance.