One of the first things to consider when renting an RV is RV rental insurance. Temporary RV insurance can be confusing and overwhelming, and not getting sufficient coverage is something that can backfire terribly in the long run.
RVshare Insurance and Protection is top-notch, and this article will share everything you need to know about coverage with RVshare below.
RVshare Insurance and Protection
Every RVshare rental is required to secure RVshare Insurance and Protection in case anything accidental happens while you’re on your trip. This includes trips where the RV might be delivered or stationary for the duration of the time you use it.
After all, even if the RV is delivered or stationary, there are still risks like fire, acts of nature like storms and falling trees, and other hazards. An Insurance and Protection plan protects renters from smaller annoyances to unexpected acts of God, such as a flood, earthquake, or other disaster.
The Essential Package of insurance and protection will be automatically included in the quote when booking an RV that is covered by the RVshare Protection Plan. Renters can choose a different package at the time of booking.
The RVshare Protection Plan Packages for motorhome and travel trailer rentals include:
- Up to $300,000 in comprehensive and collision coverage based on the value of the RV
- Free 24/7 roadside assistance and free towing, and tire service
- State statutory limits of liability
- For delivered RVs, coverage for accidental damages after delivery.
- Up to $1M in owner liability insurance coverage
- Campsite liability coverage options up to $50,000
Renters are covered in all 50 states and Canada (but not Mexico), and both renters and owners will be issued proof of coverage on a per rental basis. In some cases, an owner may have their own commercial insurance. They must still complete the ID verification steps for the safety of the marketplace.
The Most Complete Coverage on the Market
With the RVshare Protection Plan, you’re covered not only for comprehensive and collision coverage, but also for acts of God.
Coverage for the RVshare Protection Plan Packages includes the following:
- Fire, lightning, or explosion
- Theft or larceny
- Windstorm, hail, or earthquake
- Flood
- Mischief or vandalism
- Snow or ice
- Contact with a bird or animal
- Falling objects
- Glass breakage (not included with Basic plan)
- Collision with another object or overturn
- Broken appliances and electronics
- Damaged interior doors, cabinets, and walls
- Furniture
- Bathroom and kitchen fixtures
- Window treatments
- Stained bedding or linens
- Lost keys and the cost of rekeying
Interior Damage Protection
Interior Damage Protection is optional coverage that can be added to your Insurance and Protection package for damages that may occur to the interior of the RV. Up to $1,500 in coverage is available after the deductible is met for the repair or replacement of items that are not covered in Insurance and Protection packages. These include:
- Broken appliances and electronics
- Damaged interior doors, cabinets, and walls
- Furniture
- Bathroom and kitchen fixtures
- Window treatments
- Stained bedding or linens
- Lost keys and the cost of rekeying
24/7 Emergency Roadside Assistance
RVshare also has you covered if you need help on the road. In addition to the best RV rental insurance available, every RV rental booked through RVshare receives 24/7 Emergency Roadside Assistance. This means you’ll be provided fast and free towing to the closest qualified service station for any repairs, and even free tire service.
Beyond access to RVshare’s nationwide 24/7 RV Roadside Assistance call center, where RV experts are standing by to help walk you through any incident and have access to a nationwide network of curated RV service providers, you also receive the following services:
Towing Services
Towing to the nearest qualified location by a truck capable of towing RVs.
Tire Service
Tire replacement with an inflated spare, or re-inflation of a flat tire, no matter where you are in the country.
Emergency Supply Delivery
Delivery of emergency supplies such as gasoline, water, oil, or other necessary supplies.
Battery Service
Battery charging and minor battery repairs while on the road.
Lockout Service
Dispatch of a locksmith in the event of a lock-out.
Extraction and Winching Service
Recovery of RVs that are stuck or have gone off-road.
RV Technical Assistance Services
A hotline staffed by certified RV Technicians to easily guide you through common RV questions or issues.
RV Mobile Mechanic Assistance
Highly skilled mechanics come to you to repair issues that render the vehicle unusable or unsafe.
The Vetting Process
In order to ensure the safety, integrity, and trust for renters and owners, all users and vehicles on the marketplace will undergo a vetting process. DigiSure, RVshare’s trusted partner, manages the vetting across renters, owners, and RVs.
Here are some examples of the things that are reviewed during the vetting:
- ID verification
- Criminal background checks
- Global watch list
- Legitimate driver’s license
- At least 25 years or older
- Good driving history
- Age of vehicle
- Major recalls
The majority of the time, this review is instant, and users will immediately know if they are approved. In some cases, additional information is required and must be provided directly to DigiSure. In other cases, a user or RV may be declined and will be unable to proceed on RVshare. This includes owners who have commercial coverage as a separate policy on their RV.
Security Deposit Options
Security Deposit Waiver is an option that RVshare provides to owners and renters. Each owner can decide if they would like to offer their renters the waiver on their listing(s). If they do, you will have the option to pay a small non-refundable fee of $199 for eligible class As, or $99 for all other RVs, when you check out, instead of the owner’s security deposit. The Security Deposit Waiver provides coverage up to $4,000 for eligible Class A RVs, and up to $1,500 for all other RVs for eligible covered damages toward the Insurance and Protection deductible.
RV Protection Plans Cost
Besides the never-ending options of RVs for rent, RVshare is known for having fair and transparent prices. Fees are per day and automatically included in your rate.
Insurance and protection pricing are based on, but not limited to, factors such as age, type, length, stated value of the RV, and whether you’re renting a motorized or non-motorized RV. For RVs that are older than 20 years of age, RVshare offers liability-only insurance coverage.
You’ll also need to understand limits and deductibles. Make sure the policy is high enough – even a small fender bender in a motorhome can cost thousands of dollars to repair. Temporary RV rental insurance rates are typically anywhere from $15 to $30 per day.
Insurance for Renting Out Your RV
RVshare also has insurance options for owners. Owners can create a profile and list their RVs free of charge on RVshare. It’s quick, painless, and owners are in complete control of who they rent to, when they rent, and how much to charge.
When you list your RV and activate the free insurance offered to owners, you’re automatically approved for $500,000 in liability coverage with the possibility of upgrading to $1,000,000. Owners are also automatically covered for comprehensive and collision coverage for the full value of their RV, up to $300k. For delivered RVs, coverage is included for accidental damage after delivery.
If your RV is 20 years old or newer, you will be automatically approved, whether you’re renting out a trailer or a motorhome. There are absolutely zero fees, and your deductible is $1,500, payable from your security deposit. For more information on RV insurance for owners, be sure to check out our comprehensive guide.
Your RV insurance is one of the most important things you’ll purchase before your RV adventures. Research your options well and make sure you’re covering yourself completely. Even if you never use your insurance at all, the peace of mind it will provide while you enjoy your travels is worth every penny.
*All RVshare Protection Plans include insurance under a third-party automobile liability insurance policy issued to RVshare through Crum & Forster, a 200-year-old insurance group that provides market-leading property insurance and protection solutions (“Crum & Forster”). The Crum & Forster policy provides secondary (excess) third-party liability coverage. The policy does not provide coverage for damage to the rented vehicle. All conditions of coverage, terms, and limitations are defined and provided for in the policy. RVshare is not an insurance company, and the contract with RVshare under the Protection Plan, which limits your responsibility for physical damage to the rented vehicle, is not insurance.
