While you’re touring the country in your motorhome, you want to make sure you have the right amount of coverage on your RV. And you can never predict when accidents are going to happen – which is why you take out Bodily Injury and Property Damage Liability. Let’s go through this coverage to show you why you need this as part of your RV insurance policy.
If you get into an accident that injures another person or causes damage to someone’s property, your RV insurance’s Bodily Injury and Property Damage Liability will cover you. You can choose the limit of liability, so make sure you get enough – sometimes going with a lower amount is tempting, but if something happens, you could be liable for the majority of the costs incurred.
Here are a few of the incidents Bodily Injury and Property Damage Liability covers:
• The cost of repairing or replacing damaged property;
• Medical bills of the people involved in an accident you are deemed liable for, and well as their lost wages;
• Other damages that occur as result of an accident you are responsible for.
You may be confused if you see that on your RV insurance policy, your individual limits are set to 15/30/10. All this means is that no more than $15,000 would be paid per person for Bodily Injury; no more than $30,000 would be paid per accident for Bodily Injury; and no more than $10,000 would be paid per accident for Property Damage.
Still scratching your head? OK, let’s use an example to help clear up this messy matter. You’re driving along in your RV when you hit another vehicle and injure the driver. It’s determined that you are at fault for the accident. Good thing you have Bodily Injury and Property Damage Liability for your RV. The other driver’s medical bills are $6,000, while the damage to the vehicle comes out to $9,000. Since your Bodily Injury and Property Damage Liability is 15/30/10, you’ve got enough to cover all the costs, as the medical bills were less than $30,000 and the vehicle’s damage was less than $10,000.
No two RV insurance policies are the same and they can differ depending on where you live. Be sure to ask plenty of questions regarding your policy’s Bodily Injury and Property Damage Liability Coverage to ensure you have the amount you need.