The weather is getting warmer and RV season has arrived here in Michigan! RV ownership is on the rise and there is no question that families are turning to camping as a safe and fun way to vacation while the COVID-19 pandemic continues.
Recognizing that your customers need comprehensive insurance for their RVs, we recently expanded coverage for these units in our Personal Auto program. Effective June 1, 2021, these units will no longer be available for new business on the homeowners policy.
To illustrate how much additional coverage is provided on the Personal Auto policy for these units, we’ve provided a summary of the differences between the homeowner endorsement (ML-245, Boat, Sports Vehicle, Camping and Travel Trailer Physical Damage) and the Personal Auto endorsement (PA 05 Motor Homes, Campers and Trailers).
| HOMEOWNERS POLICY | PERSONAL AUTO POLICY | |
| Coverage for awnings, shelters, cabanas, porches and air conditioners | Included coverage in the definition of the camping/travel trailer | Provides up to 20% of the actual cash value of the camping/travel trailer |
| Vacation expense allowance | Provided $50 per day up to 14 days | Provided $100 per day up to 14 days |
| Towing and labor | Provided up to $75 for labor performed at the place of disablement | Roadside assistance and towing coverage of $150 may be added for a nominal charge |
| Contents | No coverage | $2,000 |
| Electronic equipment (not permanently installed) | No coverage | $1,000 |
| Damage caused by rodents | No coverage | Covered cause of loss when other than collision coverage is afforded |
| Damage caused by flood | No coverage | Covered cause of loss when other than collision coverage is afforded |
We encourage you to take advantage of these enhancements and write your clients’ camping and travel trailers on the Personal Auto policy. Units currently on a home policy can be moved to an auto policy at any time via endorsement.
If you have any questions or need additional information, please contact your personal lines field manager or underwriter.
