An RV can make travel more exciting since it gives you the ability to bring your lodging with you anywhere. When choosing an RV, you can opt for a motorhome, which is a motorized recreational vehicle, or a towable, which is towed behind a large vehicle like a truck or SUV. Since it’s such a big investment, insuring your RV is crucial.
What is an Extended Warranty?
An extended warranty, like our exclusionary RV policy or another similar product, is supplementary insurance that saves you money on mechanical failures and other costly repairs. Since you’re probably off-roading and taking your RV into rougher terrain, you might experience a mechanical failure. These failures can add up, and having an extended warranty can help you deal with them without dipping into savings.
Considerations for Your Extended Warranty
Don’t just buy the first policy you’re offered. Do some comparison shopping.
- Mileage: If you’re buying a used RV, you want an extended warranty that covers it, mileage and all. Look for a policy specifically geared toward low-mileage used vehicles.
- Coverage Levels: Before signing your policy, make sure you know what’s covered. Read through the policy to determine which types of mechanical failures are included. You don’t want to be stranded on the side of the road only to discover that your specific issue isn’t included under your policy.
- Options: Most reputable warranty companies offer a range of policies to fit your budget. Talk to your agent to see what works for your RV and your monthly income.
- Exclusionary vs. Inclusionary: Most RV extended warranties are either exclusionary or inclusionary. Exclusionary policies tend to be more comprehensive. This policy will list out what isn’t covered under warranty. Inclusionary policies list what is covered. It’s important to know which type you have when making a claim so you can properly determine if your repair is covered.
Your extended warranty could be voided if you fail to do proper maintenance. Like a car, you need to take your RV in once in a while to fix parts that are made to wear out. Check your nuts and bolts to make sure they are tight and secure. You want all vents, panels, skylights, etc. are secure so water from rain and snow can’t seep into your RV.
Check the tire pressure, batteries, fluid levels, and other systems to make sure everything is topped off and functioning correctly. Lastly, clean out your wastewater system. Use the right kinds of chemicals for your RV and flush it properly after each use to keep it running well.
An extended warranty can save you time and money on costly repairs. To make your RV warranty work for you, closely examine your coverages before you buy. And maintain your vehicle to keep your warranty in effect. Having the right coverage can make your vacation more relaxing since you know you’re covered in the event of a breakdown.