Rv Extended Warranty Insurance

It may seem that an rv extended warranty and rv insurance are the same things but this isn t quite right.

Rv extended warranty insurance.

In fact they are the inverse of one another. An rv warranty will step in to pay for many of the mechanical breakdowns your rig may face ranging from your refrigerator to your diesel engine providing travelers with a safeguard against the rising cost of rv repairs. Instead look for rv extended warranties backed by insurance companies with an a a or b rating to ensure your coverage is supported by a valid and financially stable carrier. Warranties can only be offered by rv manufacturers.

Technically extended warranties are not warranties they are vehicle service contracts which cover repair costs in the event of a mechanical breakdown. A good sam extended service plan is regulated by the insurance industry for standards and claims and is backed by an a rated underwriter. The term extended means that the coverage lasts for much longer than a manufacturer s warranty which is often a one year warranty. We offer options and are better than warranties.

Since extended warranties aren t backed by insurance underwriting an rv warranty could be voided if the provider goes out of business. Rv extended warranties are specifically designed to cover the repair costs of mechanical failures which have not been caused by physical damage. Good sam covers a myriad of extended service plans for new and used rvs motorhomes travel trailers and automobiles trucks and suvs. Rv extended warranty coverage protects rvers and the investment they have made in their motorhome travel trailer fifth wheel pop up and truck camper.

There are many ratings agencies one of our favorites is am. Most rv extended warranty horror stories stem from this type of policy also known as risk retention group.