Combining Summer Fun with Insurance Knowledge

Summer is a time when many Americans hit the open road (or water) in search of fun and adventure, with a wide variety of recreational vehicles. Whether you’re renting, buying, or already own a recreational vehicle, it’s important to know which of your existing policies will provide coverage for these vehicles and when you need to purchase a new policy. Call your insurance agent to find out more information before using or buying a RV.

At the Campgrounds — Motor Homes and Travel Trailers
Motor homes are a great way to travel. Many auto policies will cover motor homes, but FIFS also represents specialty companies that offer broader coverage. These companies offer coverage such as emergency expense if the RV breaks down, trailer coverage for towing a car or trailer, vacation liability when the RV is used as temporary residence, and personal effects coverage for contents permanently stored in the RV.

A common question is, “Can I rent my RV to others?” When you rent your RV, you act as a business, which falls outside policy guidelines. Also, anytime you loan your RV, you loan your insurance coverage as well. Be sure you are comfortable with those who ask to borrow it. Another common question is, “Should I buy the insurance from the RV dealer?” Dealers offer insurance as an accommodation to the buyer, but they may not see the big picture. You trust your insurance agent to look out for all your insurance needs, and they should be aware of such purchases to offer you coverage first.

On the Water — Boats and Personal Watercraft
Small recreational boats — typically those with motors under 25hp, canoes, kayaks, and sailboats under 26 feet — are usually covered for liability under your homeowner policy. However, personal watercraft, such as Jet Skis, are not and require a separate policy. Larger boats used for recreation, fishing, and waterskiing also typically require a separate policy. Please call FIFS for more information before making your purchase.

“On any boat, follow U.S. Coast Guard regulations found in the boating handbook, including the use of life jackets, whistles, and fire extinguishers. Using common sense on the water will assure that everyone has a good time and comes back safe,” says Chad Yoder, Personal Lines Manager. “Drinking and boating don’t mix.”

The Open Road — Motorcycles and Scooters
Motorcycles are more popular than ever, thanks to aggressive advertising and reality shows like “American Chopper” and “Biker Build Off.” Whether it’s a custom bike, a Harley, sport bike, or a Goldwing, motorcycles are attracting riders of all ages. Many specialty companies write motorcycle insurance policies because most automobile policies won’t include them. The cost of these specialty policies are determined by the year, make, model, engine size, and style, as well as the age and driving record of the operator.

“Besides liability, theft is a major concern for motorcycle riders. Be sure to purchase comprehensive coverage, including theft,” says Chad. Even though Pennsylvania does not require the use of a helmet, FIFS strongly encourages all riders to wear one. Be sure to contact FIFS to find the right policy for you.

FIFS Connection, Spring 2005, Vol.2, No. 2