RV warranties can come with a mixed bag of emotions for RVers. Some think they are great, and others, not so much. Understanding how RV warranties work will save you time and money when it comes to getting a repair(s). Your home-on-wheels is an investment and we want you to protect that investment for as long as you can. RVing can sure be a lot of fun! But in order to have some fun, you’ll need to make sure your rig is in tip-top shape. In this blog, we’ll go over why you need a warranty and how they will make your RV life easier.
What Exactly is an RV Warranty?
An RV warranty or RV extended warranty is a contract that offers protection against mechanical breakdowns. It’s important to note that these “warranties” are not affiliated with the RV manufacturer but instead are administered through third party companies who write the contracts and handle claims. Most RVers know them as extended warranties, so we’ll stick with that terminology throughout.
A frequently asked question is: “What’s the difference between insurance and a warranty?” You’re not alone in asking! A warranty is different from your insurance. Generally speaking, RV insurance covers bad weather, physical damages, collision, and accidents. RV warranties are an added protection package that covers electrical and mechanical component failures that your insurance won’t cover, making it the ultimate sidekick to your required comp/collision coverage.
Will I Ever Need/Use One?
Chances are, YES! Just like anything else in life, your rig will breakdown and need mechanical and electrical work. C’est la vie! In fact, 3 out of every 10 RVs will suffer a breakdown by only their 2nd year on the road. This statistic jumps to a whopping 8 out of 10 RVs by their 5th year, and nearly EVERY RV by their 8th year in-service. Whether you have a new or used rig, you’re RV will breakdown. Don’t stress! Being prepared and getting ahead of maintenance and repairs will save you tons of money. The mechanical and electrical components in your RV simply won’t last forever—like your appliances, slide-out mechanisms, air conditioning, or even something major such as an engine. When you’re a full-time RVer or weekend warrior, you NEED these components to function properly.
There is nothing more stressful than worrying about the cost of your repair. Is it something minor? Or will you be spending some heavy “RV dollars”? A warranty can help alleviate the financial stress that comes with these inevitable repairs. Working with a warranty provider like Wholesale Warranties is a great place to start. We’ll help you find the right RV extended warranty for your lifestyle and RV priorities. You can look at options ranging from coach-only coverage to full comprehensive protection. An RV warranty specialist will guide you along the way and educate you on the policy that best fits you.
So, why might you need an RV warranty? Simply put, the cost of breakdowns is only going up, and this puts your travel budget at risk. Having an RV warranty you can count on is a big step toward peace of mind while traveling.
What’s The Cost of a Warranty?
Right off the bat, there is no “One size fits all” price. There are a variety of factors that determine the price of your policy. This will ensure that you are getting the best possible deal and not overpaying for something you won’t use or need. Your RV protection price will be based on a variety of factors.
- These include: your RV’s year, make, model, and mileage.
- The model year of the RV is also a major factor determining eligibility. For example, Wholesale Warranties offers full coverage for motorhomes and towable RVs aged 15 model years and newer, and power-train only coverage to vehicles aged 16 – 20 model years old.
- The purchase price, date, and location
- Manufacturer warranty remaining
The RV extended warranty will also take into account the value of your vehicle, as well as more time-sensitive information, such as whether or not the unit is still under a manufacturer’s warranty, and when and where it was purchased. A common misconception is that you won’t need an extended warranty if your new unit is still covered under the manufacturer’s warranty. In fact, this is one of the best times to get a warranty! As your unit ages, the price of the policy goes up. Locking in a policy when your rig is new with little miles can be the winning way to go.
Coverage Wherever You Go
A big part of finding the right RV protection is ensuring your policy can be used wherever you travel. When you have protection with Wholesale Warranties, you are covered anywhere in the U.S. and Canada. You can easily take your rig to any licensed RV mechanic for diagnosis and repairs. RVers know that extending the life and quality of their rig will allow for more travel and comfort down the road. RVers also know that warranty protection is essentially useless if you can’t take your coverage to a repair shop that’s local to whatever place you’re currently calling home (on wheels!). Your extended RV warranty should allow for this flexibility!
Travel should be fun and stress-free! Having a warranty in your back pocket will take some of the burden off. Once you’re protected, take that long journey and never stop exploring. Do you have an extended RV warranty? Share in the comments below how your warranty has saved you!
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