The popularity of recreational vehicles has exploded. By one count, 80 percent of new owners of recreational vehicles in 2020 were first-time buyers.
Owners cite the ease of quick getaways and immersion in the great outdoors as reasons to enjoy recreational vehicles. Plus, many people love the creature comforts that an RV offers over traditional camping.
However, there's nothing inexpensive about a recreational vehicle, with prices ranging from $10,000 to $300,000. With such a significant investment, insurance coverage for RVs is essential.
In the following article, we'll discuss why you should have insurance for your RV and other outdoor recreational equipment.