Your motorhome is probably the second most valuable asset you own after your house. But study after study has shown that a large percentage of owners are underinsured. This can have costly consequences if anything should happen to your motorhome.

Follow these Nine Golden Rules when considering insurance for your motorhome or RV to make sure that you have the coverage that you need.


1. Fully consider the risks that relate to when and where you use your motorhome. Motorhomes go to places that automobiles don't always go, such as campsites, river banks, forested areas. For instance, if you often park under trees then make sure you are protected from tree damage.

2. Make sure there are adequate limits within the policy to cover the high costs of repair and towing. Will these be sufficient when you live five states away from the incident?

3. Ensure you have adequate coverage for liability claims related to bodily injury and property damage. Liability claims are spiralling upwards every year. Is the coverage high enough to cover the potential liability? What coverage do you have on existing policies that might be applicable?

4. Check that there is coverage for damage or loss of contents as well as for add-ons such as awnings. Contents and add-ons can be extremely expensive to replace. Check whether the policy is 'new for old' or 'replacement cost only'. With the former you will get the value of item if you were to buy it today while with the latter you will only get its replacement value--or what the item is worth.

5. Investigate limits and conditions related to medical expenses, protection against other drivers and damage to your motorhome. Be sure that there is adequate coverage if you suffer damage caused by an uninsured third party.

6. Choose a reputable insurance company that has a respectable claim-to-payout ratio. A company with a low ratio will probably mean that it is hard for you to make a successful claim. You also want an insurance company that is going to be around when it's time to pay out!

7. Make sure you have flexibility in choosing a repair shop or that you are happy with the insurance company's choice. This will vary by state and county, so make sure you will be well represented if the worst happens.

8. Check what general exclusions the company has in its policies. Compare these exclusions with policies from other companies so you can be confident in the policy you choose.

9. Check for the level of incidental expenses allowed and that there is adequate provision for towing the motorhome back to base or providing alternative transportation.

Follow these Nine Golden Rules to make sure that you have the insurance coverage you need on your motorhome. That way, you can really enjoy the carefree life of motorhoming without the worry of insurance over you!

Article Source: http://EzineArticles.com/?expert=Piers_Crispin

If you own a Harley, Yamaha, Honda or other fine bike you are probably very proud of your wheels. Bike prices are skyrocketing in the face of more motorists deciding to take to the streets in search of the ultimate riding experience. How well insured are you? Are you satisfied with your current motorcycle insurance? Just because your auto insurance is with one insurance company doesn't mean that you'll get the best deal on motorcycle insurance with them, therefore it is important for you to shop around for competitive quotes for your cruising or touring bike.

Let's face it. Not every auto insurance company will offer motorcycle insurance. You could have the best auto insurance plan available for the buck, but learn that motorcycle insurance isn't even covered by the company. Or, if it is covered, rates are through the roof as your insurer simply doesn't want to cover the risk involved with riding.

Whatever the reason, you may want to shop for motorcycle insurance separately from your car insurance. This insurance should offer a wide range of options including:

Damage to your vehicle

Theft of your bike

Vandalism of your ride

Collision insurance

In addition, towing and labor can be included with your plan or medical payments and even additional coverage for special equipment such as exhaust pipes, side cars, and more.

Choose the deductibles that work best for your needs. If you don’t ride your bike all that much, particularly in colder weather, make certain that you insurance representative takes information into consideration when quoting you a rate. Why pay for extra insurance if you only ride your bike six months out of the year?

If you find that the rates quoted to you are still too high, you may be overlooking additional available discounts due you including: the successful completion of a motorcycle safety course you had previously taken and your riding association membership. In many cases you can receive additional discounts if your homeowners insurance and auto insurance are through the same company. Savings of ten percent or more on all of your insurance is possible if you bundle your insurance through one provider.

Finally, check with other riders to find out who is insuring their bike. You could be overlooking an important opportunity that others are already taking full advantage of, but are willing to share that information with you.



Article Source: http://EzineArticles.com/?expert=Jeff_Lakie

Boating is a recreation enjoyed by many and most people purchase boats for other recreations such as fishing or just lounging around the lake on a hot summer day; however, the recreation of boating is not immediately fun and games. You must also take responsibility for your boat and protect yourself and others, by purchasing an insurance policy for your boat.

Insurance companies vary when it come to the kinds of coverage they offer with their difference types of insurance policies, whether you are purchasing an insurance policy for your car or your boat. Because of these variations, shopping for an insurance policy for anything can be a very confusing process. When it comes to boats, though, there are four basic coverage options you should consider when you start browsing and shopping for the different insurance policies available for your boat, regardless of the variations,

Look for an insurance company that offers you an insurance policy for your boat that –

• Covers property damages to your boat. Maybe your boat becomes vandalized and covered in graffiti. Maybe your mast gets struck by lightening. Make sure your boat’s insurance policy covers these repairs.

• Provides liability coverage in the event that your boat causes damage due to your negligent operation and/or ownership.

• Covers the medical costs of anyone injured on your boat, or because of your boat.

• Offers uninsured coverage in the even that you, your passengers, and/or your boat sustain damages from another boat that is not insured.

Remember, just because you use your boat for recreation and enjoyment does not mean that accidents will not happen. Whether your boat provides family recreation or a personal getaway, make sure to purchase an insurance policy for your boat that will cover all four of the above situations before you hit the water; that way, you can enjoy yourself knowing you and your boat are protected after you set sail.



Article Source: http://EzineArticles.com/?expert=Elizabeth_Newberry