RV RENTAL PROTECTION POLICY: LIABILITY<\/strong><\/h3>\n\u25baWhy do RVPlusYou recreational vehicle owners need the RVPlusYou Protection program?<\/p>\n
As an RVPlusYou member host, your primary source of protection against loss is your automobile insurance policy. However, certain insurance policies contain exclusions, i.e. situations in which the insurance company will not pay for a claim. It’s not uncommon for automobile policies to exclude coverage for losses arising out of commercial, business, rental activity, and third party involvement.<\/p>\n
The current liability coverage on your recreational vehicle may not sufficiently protect you if where your negligence causes bodily injury to others or if you accidentally cause damage to another person\u2019s property as a RVPlusYou recreational vehicle owner. Moreover, today, when multi-million-dollar lawsuits are common, your automobile policy may provide substantial liability limits, but it may not be enough.<\/p>\n
It is important to consult with your professional insurance advisers to ensure your policy will respond to losses arising out of your activities as an RVPlusYou recreational vehicle owner.<\/p>\n
The RVPlusYou Protection Program can respond where your automobile insurance does not. Whether the issue requires medical care or repair of property, you will typically have coverage up to the program\u2019s limits. Keep in mind that there are exclusions, such as expected or intended damages, abuse or molestation, liquor liability, etc., so it is important to fully understand the program\u2019s details.<\/p>\n
\u25baHow would the RVPlusYou Protection Program respond if a guest slips on Member Host property and sues?<\/h5>\n
The RVPlusYou Protection Program liability coverage protects RVPlusYou recreational vehicle owners in the event that someone is injured in your RV or you are deemed responsible for personal injury or property damage through negligence. Remember that this is only in cases solely associated with an RVPlusYou booking. The program will also defend any claims against RVPlusYou recreational vehicle owners and pay for reasonable and necessary medical expenses up to the program\u2019s limit, regardless of who was at fault.<\/p>\n
\u25baHow does the liability deductible apply?<\/h5>\n
A deductible is the portion that RVPlusYou recreational vehicle owners are responsible for paying in the event of a claim. For example, the RVPlusYou Protection Program has a $2,500 deductible and a program limit of $300,000 in liability protection.<\/strong><\/p>\n\u25baWhat should I do if a renter makes a liability or injury claim against me?<\/h5>\n
Report any circumstances that could give rise to a claim immediately. Contact RVPlusYou to file a liability claim report under the RVPlusYou Protection Program. Assume no obligation, admit to no liability or incur any expenses for which we are or may become liable without written permission, except incurred to protect the property from further loss. Gather any documents, correspondence, memos, photos, video, etc. that may be pertinent to the claim.<\/p>\n
\u25baOnce the claim is reported, what happens next?<\/h5>\n
The RVPlusYou Protection Program insurers will appoint a claims adjuster to investigate the circumstances of the loss. The RVPlusYou Protection Program insurers will assess the claim to determine what coverage is available and then evaluate the claim directing any further investigation or litigation necessary. In the case of a legal action made against you, the RVPlusYou Protection Program insurers will evaluate whether the policy will grant you a defense and appoint experts and\/or lawyers for the defense team.<\/p>\n
\u25baWhat is my role throughout the process?<\/h5>\n
You must fully participate and cooperate in the investigation and the defense of the claim against you. It is important that you share all information that you have about the claim with your claim team. Prepare to attend examinations for discovery, mediation, settlement conferences, or a trial.<\/p>\n
\u25baHow do settlements and policy payouts work?<\/h5>\n
The RVPlusYou Protection Program has the option to settle a liability claim without your consent to settle.<\/p>\n
The program will pay up to the liability limit for any one occurrence and will independently settle or defend any claim or suit asking for damages. The duty to settle or defend ends when the liability limit is exhausted. Member Host coverage is subject to a deductible and RVPlusYou recreational vehicle owners must pay that amount upon request. Payment will go to the claimant if required by a settlement, mediation, trial or arbitration.<\/p>\n