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08-14-2015, 07:11 AM
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#1
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Senior Member
Join Date: Aug 2014
Posts: 119
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Owning an RV lot and insurance
I am trying to find out some information on obtaining liability insurance for my rv lot. This would be to cover my investment and myself should I rent it when I am not using it
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08-14-2015, 07:29 AM
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#2
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Senior Member
Winnebago Owners Club Freightliner Owners Club
Join Date: Apr 2015
Location: Western WI
Posts: 688
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You need to discuss this with an commercial insurance agent for your area.
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2001 Itasca Horizon 36LD Cat
Retired Air Force, One lovely Angel , 2 Cats and three birds.
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08-14-2015, 11:22 AM
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#3
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Moderator Emeritus
Join Date: Jan 2000
Location: West Palm Beach, FL. USA
Posts: 27,519
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A lot doesn't need property damage insurance unless you put a building or something on it, but you probably want to have liability insurance in case somebody gets injured (even a trespasser). The simplest solution is a personal liability "umbrella" policy that protects you no matter what happens or where.
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Gary Brinck
Former owner of 2004 American Tradition and several other RVs
Home is West Palm Beach, FL
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08-14-2015, 01:10 PM
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#4
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Community Administrator
Join Date: Aug 2009
Posts: 53,378
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An Umbrella policy is meant to be excess over an underlying policy. It's not meant to protect you from some exposure you had and chose not to insure. It will cover unforeseen exposures with a large deductible ( usually $10,000 ) however owning an RV Lot would not come under " unforeseen " . I had a lot and had difficulty finding an insurer until I got a policy from State Farm. It was relatively inexpensive at $65.00.
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Cliff,Tallulah and Buddy ( 1999-2012 )
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08-14-2015, 02:39 PM
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#5
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Senior Member
Join Date: Aug 2014
Posts: 119
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I have my cars with State Farm, MH with Blue Sky as well as an umbrella. I will call an agent locally where my lot is and see if they have anything. What is amazing is that we have to insure for a trespaser
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08-14-2015, 02:44 PM
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#6
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Community Administrator
Join Date: Aug 2009
Posts: 53,378
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Quote:
Originally Posted by edstep
I have my cars with State Farm, MH with Blue Sky as well as an umbrella. I will call an agent locally where my lot is and see if they have anything. What is amazing is that we have to insure for a trespaser
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What City is your lot in ? Besides trespassers it will insure your guests ( not you or your immediate family ) as well
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Cliff,Tallulah and Buddy ( 1999-2012 )
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08-14-2015, 03:01 PM
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#7
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Senior Member
Join Date: Aug 2014
Posts: 119
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Its Lake Toxaway NC
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08-14-2015, 03:05 PM
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#8
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Community Administrator
Join Date: Aug 2009
Posts: 53,378
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Mine was in Fl.
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Cliff,Tallulah and Buddy ( 1999-2012 )
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08-14-2015, 06:37 PM
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#9
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Moderator Emeritus
Jayco Owners Club RV Trip Wizard
Join Date: Oct 2009
Location: Poinciana FL
Posts: 7,781
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It can be hard to find, few are familiar or comfortable insuring "empty" land.
We own two lots, one in South Carolina and one in Florida. In both cases we had to call around and in both cases we ended up getting coverage through an independent insurance agency. The South Carolina agency was able to secure a policy through Auto Owners. The Florida agency was able to place a policy with a Lloyds of London company. In each case the premium is roughly $500 per year - I carry big limits.
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Jay and Peggy Monroe
"Can't take it with you, not leaving any behind"
2024 Jayco White Hawk 26FK
2024 Ford Expedition
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08-15-2015, 11:02 AM
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#10
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Moderator Emeritus
Join Date: Jan 2000
Location: West Palm Beach, FL. USA
Posts: 27,519
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Quote:
An Umbrella policy is meant to be excess over an underlying policy.
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I stand corrected - poor choice of terminology. I meant a general personal liability policy as opposed to one for specific need. Most people already have some liability coverage, e.g. home owners or renters, so an umbrella add-on may work for this, but it needs to be discussed thoroughly and carefully with the agent to make sure it applies.
As JMonrow says, it is often difficult to insure vacant land, and also places that do not usually have people in residence.
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Gary Brinck
Former owner of 2004 American Tradition and several other RVs
Home is West Palm Beach, FL
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