Avoid Coverage Gaps on Recreational Vehicles
If you have a client inquiring about coverage on a recreational vehicle, you may be able to provide liability coverage on your client’s home or farm policy, including coverage for off-premise liability. However, you may be leaving your insured with coverage gaps.
Endorsing recreational vehicle liability to a personal liability policy or farm policy does not provide as broad of coverage as the insured would have with a standalone recreational vehicle policy. Coverage gaps may include:
- Medical payments
- Uninsured motorist liability coverage
- Underinsured motorist liability coverage
This can leave the driver and any passenger of the recreational vehicle without medical payments coverage if they are injured, since the endorsement is for liability only and we can’t be liable to ourselves. Medical payments coverage can help pay for medical expenses incurred by those riding in a covered recreational vehicle. A standalone recreational policy can help close those coverage gaps.
In addition, a standalone recreational vehicle policy will provide coverage for:
- Accessory coverage
- Possible Original Equipment Manufacturer parts guarantee
- Enhanced injury protection coverage
- Transport trailer coverage
- Rental vehicle coverage
- Roadside assistance coverage
- Safety riding apparel coverage
- Trip interruption coverage
- Off-road coverage for off-road vehicles
Available coverages vary by carrier. WRC Agency has access to Progressive, American Modern, Foremost, Safeco and others to place coverage for your clients.
The best aspect of selling a monoline recreational vehicle policy is that a claim will not affect the primary home or farm liability policy.
To ensure that your policy holders are covered, we encourage you to reach out to WRC Agency. We can assist you with finding a policy option that will help fill those coverage gaps.
The Agency can quote with several different providers to get your client the best option for their individual needs at an affordable cost. These policies are typically direct-bill policies and the client can contact the agent, the carrier or the WRC Agency directly for policy changes or questions.
Please note however, that agents do not have binding authority for policies written through the WRC Agency. Quote forms are available at the WRC Agency website. Please complete and submit to us today to quote your clients’ recreational vehicles.