Now that summer is over many RV dealers will begin slashing prices as an effort to boost sales. After all, not many people go rv'ing in the winter! If you have considered purchasing an RV now would be the time to do it.

Before you drive your brand new RV off the lot you will need to purchase an insurance policy for your RV. When purchasing RV insurance, many people assume it is the same as auto insurance. It is not. There are some distinct difference between auto insurance and RV insurance.

Emergency Roadside Service
Many RV Insurance policies offer some kind of emergency roadside service. In the event that your RV breaks down your CAA policy will not due. This coverage alone could save you hundreds of dollars in towing fees.

Personal Content
With an auto insurance policy you have no coverage for personal content. If you were traveling and had your luggage stolen from your vehicle, your house insurance would cover the loss. If you didn't have house insurance you would be out of luck.

With an RV insurance policy you are covered for your personal belongings. You shouldn't underestimate the value of the contents that can be stored in a RV. It is not uncommon for families to store $2000-$3000 in an RV while traveling.

Total Loss Replacement Option
If you purchase an auto insurance policy for an RV you will be missing out on an optional coverage called Total Loss Replacement. This coverage gives the insured full replacement if there is a total replacement during the first five years.

This coverage is invaluable to RV owners who have purchased a brand new RV. RV's depreciate 20%-30% when you first drive them off the lot and an average of 10% a year afterwards. That means that an auto insurance company could pay you as little as $10,000 on a $50,000 Rv after five years. How fair is that?

Emergency Vacation Expense
Emergency Vacation expenses will cover the alternative living expenses that would occur if your RV was damaged by a named peril. There is no such coverage under a auto insurance policy.

Appliance Extended Warranty
Appliance Extended Warranty will extend the warranty of your RV's built in appliances.

It is also important for you to consider purchasing travel insurance coverage, especially if you are traveling out of country. The cost of medical care abroad can financially cripple people. Travel insurance can be very affordable, and could even be offered under your employerâEUR(TM)s benefit plan.