Traveling through Maine in an RV can open the door to endless adventures. Whether you’re traveling a winding road near Acadia National Park, heading toward the villages of the Kennebunks, or climbing toward Mount Katahdin, an RV can get you there in comfort.
But the last thing you want to worry about while traveling in your RV is what would happen should your RV be damaged. Whether you're a full-time or a part-time RVer, it's important to understand the risks of driving an RV and how to protect yourself.
RV insurance protects you, your RV, and your belongings when you hit the road. An independent insurance agent can help you get multiple quotes for RV insurance in Maine. A local independent insurance agent can help you choose the best coverage for your needs and budget.
Is RV Insurance Required in Maine?
Anyone who owns and operates a motorhome or RV is required to have RV insurance in Maine.
If you use your RV as a motorhome and drive it on public roads under its own power, state laws require you to carry a minimum amount of certain types of insurance, as follows:
- Liability coverage within minimum limits of $50,000 per person/$100,000 per accident for bodily injury, and $25,000 for property damage.
- A minimum of $2,000 per person in medical payments coverage.
- Uninsured and underinsured motorist coverage at a minimum of $50,000 per person/$100,000 per accident.
If you finance the purchase of your RV, your lender will likely require you to buy comprehensive and collision coverage in addition to liability coverage before your financing will be approved.
If you live in your RV full time, you’ll need special “full-timer” RV insurance that combines elements of auto insurance and homeowners insurance.
How Much Does RV Insurance Cost in Maine?
You might think that your RV insurance in Maine is expensive, especially if you’re a full-timer. But there are a lot of factors that make everyone's premiums a little different, including the following:
- Full-time or part-time status: A full-timer will need more coverage than a recreational RVer.
- Where you travel: How far you travel and the areas that you travel to also come with varying risks and varying insurance costs.
- The type of RV you own: The type, make, model, age, and size of your RV play a significant role in the cost of RV insurance in Maine. For obvious reasons, it will cost less to insure a pop-up camper than it will a Class A motorhome.
- Your driving record: Your driving history tells your insurance company how risky you are as a driver. If you’ve got a history of traffic violations or accidents, you can expect to pay more for RV insurance in Maine than someone with a clean driving record.
The types of coverage you purchase and the deductibles you choose also impact your RV insurance costs.
What Kind of Coverage Can RV Insurance Provide in Maine?
RV insurance in Maine blends home and auto insurance coverage into one policy that protects the vehicle from collisions with other vehicles or objects, weather, vandalism, theft, and other perils. In addition, it should cover your personal property inside the RV, and provide liability protection in case you cause injury or damage to someone else.
RV insurance can be purchased as an add-on to your auto insurance policy, or as a separate RV insurance policy. For motorhomes, you must have at least the state minimum for liability coverage because they are driven and not towed. You’ll need a separate RV insurance policy if your motorhome is considered Class A, Class B, or Class C, if it's financed, or if it's a rental.
RV insurance is generally divided into two categories: recreational and full-timers. If you don't live in your RV full time, recreational insurance will cover your RV inside and out when you’re on the road or parked at a campsite. A full-time RV insurance policy is for those who use a motorhome or travel trailer as their primary residence.
A basic RV insurance policy in Maine will likely include the following:
- Liability coverage: (required by law) Protects you in the event that you cause injury or damage to someone else while operating your RV.
- Comprehensive and collision coverage: They work just like the comprehensive and collision coverage in your auto insurance policy and cover physical damage to your RV. They are optional, but will be required by your lender if you finance your RV.
- Uninsured and underinsured motorist coverage: Protect you if you’re hit by an uninsured or underinsured driver while operating your RV.
- Medical payments coverage: Pays for medical expenses for you or your passengers if you’re in an accident, regardless of who is at fault.
A variety of other RV insurance coverage options are available. Depending on the insurance company you choose, these may include:
- International travel coverage: Will cover you if you plan to drive your RV into Mexico or Canada.
- Loss replacement coverage: Will help you replace your RV if it suffers a total loss.
- Personal property insurance: Provides coverage for personal items inside your RV, such as clothing, kitchen items, tools, equipment, electronics, and so on.
- Attached accessories coverage: Reimburses you for damage to items like awnings or TV antennas that are not covered under the basic policy.
- Emergency expenses coverage: Reimburses you for hotel or transportation costs after you’ve had an accident and cannot use your RV.
- Campsite and vacation coverage: Protects you if you use your RV or motorhome as a temporary residence during a vacation. It covers your liability exposures in these situations.
Part-time RV users who only use their vehicle during certain months can suspend their collision and liability coverage when the RV is not in use. This can help them save money on their premiums.
Keep in mind that RV insurance in Maine will have coverage exclusions. It will typically not cover general wear and tear or mechanical problems. It also won’t cover damage caused by mold, fungi, rot, earthquakes, and floods.
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Maine Health Insurance for Full-Time RVers
If you’re a full-time RVer, having health coverage is one of the more complex issues for you to navigate before you hit the road. To begin with, full-time RVers don’t have a permanent address, making purchasing something like health insurance even more complicated than normal. But you do have to have an official domicile for purposes of registering vehicles, voting, and so on, even if you don’t technically “live” there. Your domicile will remain the state from which you have “moved” into your RV, until such time as you take the necessary steps to change it.
You’ll need to decide among a variety of health insurance options that are available to individuals or families that are embracing the full-time RV life. The typical options are as follows:
- Medicare: This is the easiest solution for full-time RVers who are aged 65 and older. You’ll be covered everywhere in the US and able to use any doctor or hospital that accepts Medicare. If you have a Medicare supplement plan, check with your insurance company for specifics on where and how you’ll be covered while traveling.
- Health Insurance Marketplace: The Health Insurance Marketplace, accessible at healthcare.gov, offers various health insurance options depending on where your domicile is.
- Private health insurance: Some insurance companies offer private individual health insurance plans. This may be an attractive option if you can find one that is affordable, and that can cover you wherever you travel.
- Short-term health insurance: Some insurance companies offer short-term health insurance plans for people who need temporary coverage, usually during a transition between jobs or other insurance changes.
- Self-employed group coverage: Self-employed individuals can sometimes qualify for group coverage, either on their own or in a larger group made up of other self-employed people.
Health insurance options for full-time RVers will vary depending on where you have your formal domicile. What’s more, you’ll have to carefully weigh your options and your budget to ensure you’re making the best choice.
What Is RV Gap Insurance in Maine?
Standard RV insurance policies cover the depreciated value of the vehicle, i.e., the current market value of the vehicle at the time of a claim. But what if your RV is totaled in an accident, and the market value of the RV is less than what you owe on it?
That’s where RV gap insurance comes in. It covers the difference between what an RV is currently worth (and what your insurance company will pay if it’s totaled) and the amount that you owe on your loan.
What are the Best Insurance Companies in Maine?
Local independent insurance agents make comparison shopping for full-time RV insurance easy. They can obtain quotes from the best RV insurance companies in Maine, and ensure that you’re getting your policy at a competitive price.
Why Shop RV Insurance with a Maine Independent Insurance Agent?
Instead of getting an online quote, find an independent insurance agent now, and get a one-on-one consultation and affordable options for the best coverage for your unique needs. Your agent will work with you free of charge, offering you a variety of options so you can make the best choice.
What’s more, your agent will be there for you when claim time comes. They know the ins and outs of the process and will make sure your claim is handled appropriately.
Contact an agent today for a free, no-obligation consultation.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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