If your motorhome is damaged in an accident or severe weather, one of the first things your insurance company will determine is whether the damage is repairable or a total loss. Knowing the difference between the two and how it affects your coverage can help you prepare for what comes next. Serving Flatwoods, KY, Roark Insurance Agency offers the coverage you need to protect your investment.
What Is a Total Loss?
A motorhome is typically declared a total loss when the cost to repair it exceeds its current market value, known as the actual cash value (ACV). This takes into account depreciation, mileage, age, and overall condition. If your RV is totaled, your insurance company will usually pay the ACV, minus your deductible. Some policies offer agreed value or replacement cost coverage, which can provide a higher payout, depending on your plan.
What Counts as Repairable Damage?
If the cost of repairs is less than your RV’s value, the vehicle is considered repairable. Your insurance will cover the repair costs (after your deductible) to restore your motorhome to its pre-accident condition. You can often choose your own Flatwoods, KY, repair shop or use one approved by your insurance provider.
Why It Matters for Motorhome Owners
Because motorhomes can be both vehicles and living spaces, damages can be complex, impacting both the structure and the mechanical components. Having the right coverage ensures that you’re not left with unexpected expenses.
Contact Us
If you want to make sure your motorhome insurance provides the right protection for every situation, contact Roark Insurance Agency. We’ll help you understand your coverage, so you can travel with confidence knowing your investment is protected.
