Many people use the term RV as a catchall for any kind of home on wheels. However, there are differences. There are many homes on wheels that aren’t motorized. Typically, RVs are motorized, which qualifies them as a vehicle of some kind, requiring insurance similar to car insurance. However, a 5th wheel isn’t motorized and isn’t classified as an RV.
Our Tulsa, OK team at Greater Tulsa Insurance Inc. understands that insurance requirements and differences between various travel trailers can be confusing. We’re here to take the guesswork out of insurance requirements.
Do I need RV insurance for a 5th Wheel?
A 5th wheel isn’t motorized and isn’t considered an RV. As a result, RV insurance isn’t a requirement if you own a 5th wheel. A 5th wheel is considered a travel trailer because it must be towed and you aren’t required by law to carry insurance on the 5th wheel. However, you may want to anyway. You will need to invest in travel trailer insurance to cover any physical damage. However, keep in mind that travel trailer insurance may not be optional if you’re financing your 5th wheel. Often, a lender will require you to carry insurance for physical damage until your 5th wheel is paid off.
Get RV Insurance Today
Travel trailers are non-motorized homes on wheels. Only owners of motorized RVs are required to carry liability insurance similar to auto insurance. Technically, an RV is still a vehicle, even though it’s a home on wheels. If you have questions about what kind of insurance would be best for your 5th wheel, call us at Greater Tulsa Insurance Inc. in Tulsa, OK. We can help you explore your options and find the coverage that is best for you.