If you are looking to tour the country, one great option would be to buy an RV. If you are looking to buy an RV, you also need to make sure it is properly insured. For those that are in the Annapolis, MD area, there are several reasons why you should have RV insurance.
Stay in Compliance With Law
One of the main reasons why you should have RV insurance is because you will need it to stay in compliance with the law. Similar to any other type of vehicle that you drive, the state of Maryland will require you to carry liability insurance on an RV. In Maryland, you will need to have a minimum property damage liability coverage of at least $15,000 and minimum bodily injury liability coverage of $30,000 per person and $60,000 per incident. Both of these types of coverage will provide financial support for the other parties in the event you are found to be liable for an accident.
Protect your Asset
While the state will only require that you carry liability insurance, it may also be a good idea to protect your assets. Since an RV is such a big investment, you will want to have it protected from theft, damage, and vandalism. In order to have this type of coverage, you will also need to have a collision and comprehensive insurance policy in place. Furthermore, if you have a loan on your RV, your auto lender will likely require that you have these types of coverage in place until your loan is fully paid off.
If you are in the Annapolis, MD area and are in need of RV Insurance, you should reach out to Ramsey Insurance. Ramsey Insurance will be able to help you to better understand your insurance needs and make sure you get the right policy.