RV Storage - Frequently Asked Questions

RV insurance requirements can vary, but generally, RV owners are required to have liability insurance to cover bodily injury and property damage they may cause to others in an accident, with minimum coverage limits often determined by state laws. While not always mandatory, collision and comprehensive coverage are recommended to protect against damage, theft, or vandalism to the RV itself. Additional coverage options like uninsured/underinsured motorist, personal injury protection, or full-time RV insurance may also be necessary depending on your circumstances and location. It’s essential to check state-specific requirements and consider your RV usage and unique needs when selecting the appropriate insurance coverage, often consulting with a specialized RV insurance agent for guidance.

Yes, you can finance the purchase of an RV through various lending institutions, including banks, credit unions, and RV dealerships. RV financing typically involves a down payment (usually 10-20% of the purchase price) and a fixed or variable interest rate loan with a repayment term ranging from 5 to 20 years, depending on the lender and the RV’s price.

It’s advisable to shop around for the best financing terms and interest rates, as they can vary. Be prepared to provide proof of income, credit history, and other financial information during the loan application process. Financing allows you to spread the cost of your RV purchase over time, making it more manageable for many buyers.

Motorhomes:

Pros:

• All-in-one convenience with living and driving areas.
• Easy setup and access while on the road.
• Often more spacious and luxurious.
• Suitable for full-time living.

Cons:

• Higher initial cost.
• May require a secondary vehicle for local transportation.
• Potentially lower fuel efficiency.

Towable RVs (Travel Trailers, Fifth Wheels):Pros:

• Lower initial cost.
• Ability to detach and leave at the campsite.
• Towing vehicles can be used for other purposes.
• Potentially better fuel efficiency when not towing.

Cons:

• Additional setup and levelling are required at the campsite.
• Less living space and amenities compared to some motorhomes.
• May require towing experience and a suitable towing vehicle.

The size of the RV you should consider depends on factors like the number of travelers, your budget, and your comfort preferences. Smaller RVs, such as Class B or smaller travel trailers, are more fuel-efficient and easier to maneuver but offer limited space. Larger RVs, like Class A motorhomes or fifth wheels, provide more amenities and space but may be more challenging to drive and park.

Consider how you plan to use the RV and whether you prioritize mobility or comfort. Many RVers find a mid-sized Class C motorhome or a moderately sized travel trailer to be a good balance between space and convenience.

What are the different types of RVs available?

RVs come in various types to suit different preferences and needs:

1. Class A Motorhomes: Large, bus-like RVs with luxurious amenities.
2. Class B Motorhomes (Camper Vans): Compact and easy to maneuver.
3. Class C Motorhomes: Built on truck chassis, with a distinct cab-over design.
4. Travel Trailers: Towed by a separate vehicle and available in various sizes.
5. Fifth Wheels: Towable RVs that attach to a special hitch in the bed of a pickup truck.
6. Toy Haulers: Equipped with space for carrying recreational vehicles like ATVs or motorcycles.
7. Pop-Up Campers: Lightweight, collapsible trailers with basic amenities.
8. Truck Campers: Designed to fit in the bed of a pickup truck.

Choosing the right type depends on your travel style and needs.

The best place to live in an RV depends on your lifestyle and preferences. Some RV enthusiasts prefer the freedom of boondocking in remote areas, while others enjoy the amenities of RV parks and campgrounds. Popular destinations for RV living include national parks, coastal areas, and scenic routes like the Pacific Coast Highway.

Many full-time RVers also choose to live in RV-friendly communities or campgrounds that offer long-term stays. The ideal location for RV living is one that aligns with your interests, whether it’s outdoor adventures, cultural experiences, or simply a peaceful retreat.