Hitting the Water or the Road? Make Sure Your RV and Boat Are Insured

Owning a boat or RV comes with costs and responsibilities that extend well beyond the purchase price. Storage fees, maintenance, fuel and the unexpected repair bill  can add up fast. One of the most overlooked ownership costs is making sure you have the right insurance coverage before you ever leave the driveway or the dock.

Why Do You Need Insurance for Your Boat and RV?

Accidents and damage can happen in lots of ways: a boat collision on a busy holiday weekend, an RV that clips a guardrail on a mountain pass, a fire at a campsite, and a theft from a marina storage lot.

Without proper coverage, any of these scenarios can put you on the hook for repairs, medical bills and liability claims out of pocket.

Boat and RV insurance can help cover:

• Physical damage to your vessel or vehicle caused by covered risks
• Liability claims if a third party is injured or their property is damaged
• Towing and roadside or on-water assistance
• Personal property stored inside your RV or boat

Is It Required in Louisiana?

Requirements for boat and RV insurance vary depending on the type of watercraft or vehicle you own. In Louisiana, boat insurance is not required by state law, though some marinas may require liability coverage as a condition of use. If you are financing a boat, your lender may also ask for proof of a policy.

For RVs, the requirements differ by type. Motorized RVs and motorhomes are required by state law to carry third-party liability coverage. If you have a towable RV, your lender may require proof of collision and comprehensive coverage if you finance your vehicle.

Get the Coverage That Fits How You Use It

Contact AIP Best Rate Insurance today to review your options and make sure your boat or RV is covered before your next trip. Our team is ready to help you find a policy that fits your needs and budget.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.