When the time comes to store your seasonal recreational vehicle, you may wonder why you continue to pay for insurance when you’re not using it in or around Fort Worth, TX. Temporarily discontinuing your policy until you plan to use it again is not a good idea. SWH Insurance Agency LLC can guide you through options to adequately protect your recreational vehicle while it’s in storage.
Don’t Give In to Temptation
The prospect of saving money may tempt some people to cancel their policy and then reinstate it a few months later. However, this tactic rarely results in cost savings. Most recreational policies for seasonal vehicles already have rate adjustments for seasonal use, though these adjustments may not be obvious when paying monthly premiums. Maintaining continuous coverage without lapses is important for your future premiums. It helps you build and maintain a record of your claims history. Without this history, your chances of obtaining recreational insurance at a favorable rate could be negatively impacted.
Accidents Can Still Happen
Liability is another crucial consideration. If you cancel your coverage and someone sustains injuries while moving your seasonal vehicle in storage, you will be responsible for any injuries and associated medical expenses. Additionally, your vehicle is not completely safe while in storage. Risks such as theft, fire, vandalism, or storm damage can still occur. Year-round coverage can protect you from having to pay for damages or losing your vehicle entirely. Some carriers may allow you to switch to a storage-only or comprehensive-only policy to cover such risks without paying for off-season liability and collision.
Understanding your options can help you select the right coverage for off-season recreational insurance. Schedule an appointment with SWH Insurance Agency LLC, serving residents of Fort Worth, TX, to get started. Our agents are ready to assist you.
