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6 Terms You Should Know About RV Insurance

6 Terms You Should Know About RV Insurance

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6 Terms You Should Know About RV Insurance

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  1. 6 Terms You Should Know About RV Insurance RV insurance provides financial coverage to the owners of recreational vehicles. Common RV insurance terms are: Classes Of RV Recreational vehicles include a wide range of motor homes, camper vans, etc. organized into classes i.e. Class A, B, and C. 1 Coverage 2 The amount of protection and benefits you choose in your RV insurance plan, for example, collision coverage, liability coverage, etc. Declarations Page It is the first page of RV insurance documents that specifies details of coverage including coverage limits and deductibles. 3 Deductibles 4 It is the amount of money that an RV insurance holder is responsible to pay out of his pocket when a loss occurs before the insurance plan pays off. Loss 5 It is the stolen or damaged property and/or bodily injury that can be measured in amount and may be claimed through insurance. Insurance Premium 6 It is an amount that an RV insurance holder pays to the insurance company on a periodic basis for the coverage provided. www.shawncampinsurance.com Shawn Camp Insurance Agency, Inc. 2705 E. Stan Schlueter Loop, Suite 101 , Killeen, Texas 76542 Phone: (254) 526 - 0535