The demand for recreational vehicles shows no signs of slowing down. According to a recent report, 11.2 million households in the United States own an RV.
RVs allow you to go on self-sufficient adventures whenever you want. Perhaps the desire to hit the open road and explore new places is why 56 million Americans reported that they plan on going Rving this year. But what do you do if something goes wrong with your RV?
The process of repairing your RV is never fun, but it’s even more stressful when you’re facing hefty price tags for parts and services. In addition, recreational vehicles often break down, especially after years of use and many miles of adventures. So what will you do when that happens?
That’s where an extended warranty for an RV presents real value.When breakdowns or issues happen, it’s great to know that you have the policy to alleviate some of the financial burdens and keep you on track.
Today, we want to showcase a few key reasons to keep an extended RV warranty in your back pocket. So let’s talk about it.
What Do Extended Warranties Cover?
First, we need to explain precisely what an extended warranty is. There’s more to them than the myths and misconceptions you hear floating around.
An extended warranty for an RV is a vehicle service contract covering mechanical failures, electrical breakdowns, and component repairs for your recreational vehicle. This policy can also cover roadside assistance or other emergency services. Most last for about two to three years.
Extended warranties are provided through third-party RV extended warranty companies. These companies agree to pay the repair shop for the cost of parts and labor on your behalf, as long as the policy covers the condition.
Remember: an extended warranty for an RV goes beyond what most manufacturer coverage plans can cover.Think of an extended warranty as to the backup plan that kicks in once the manufacturer coverage expires, protecting you when problems start to arise.
Depending on the level of coverage you purchase, RV extended warranties can cover anything from basic fixes to the most costly repairs. Exclusionary coverage policies will cover everything except items specifically excluded in writing, but they do come with higher premiums.
Varying levels of coverage allow you to tailor your RV extended warranty policy to suit your family’s needs. Whichever policy you might choose, there are benefits you’ll experience when you hit literal (or metaphorical) bumps in the road.
Let’s talk about four of the biggest reasons to find the right extended RV warranty.
- Even Common RV Problems Can Have Huge Effects
Recreational vehicles are more complex than standard vehicles in many ways. Because RVs are built to mimic a home, they have more components and features that can encounter issues. From heating options to plumbing components, there’s a lot to deal with and a lot to maintain.
Due to the complexity of modern RV parts, even the smallest problems can require high levels of expertise to repair – which raises labor costs. What might seem like a simple issue may result in a hefty service bill.
What are the most common problems with RVs?
- Plumbing issues
- Roof and window leaks
- Tire blowouts
- Battery failures
- Electrical complications
- RV slide-out failures
- Brake issues
- Canopy and awning rips and tears
An RV extended warranty will safeguard your RV repair budget by covering these concerns under one reasonable deductible. Instead of worrying about every little thing that goes wrong, you can rest easy knowing that issues of various sizes will be covered.
- You’ll Be Able to Make RV Repairs Quicker.
When you have a warranty covering your RV, you’re able to make repairs quickly and with less stress. Your warranty provider will take care of finding the right repair shop and expediting the process.
Without an extended warranty, you will need to research your options to find the most affordable repair options. If you’re on a road trip or planning one in the near future, you don’t have time to waste before getting RV repairs done. That’s why we recommend expediting them with a great RV extended warranty policy.
- RVs Are Often in Remote, Potentially Risky Places
RVs are driven on longer and sometimes riskier road trips than standard cars. The last thing any RV driver needs is to be stranded on the side of the road in the middle of nowhere. Unplanned road hazards, tire issues, and other serious problems can happen anywhere.
If your RV suffers a breakdown during one of your road trips, an extended warranty can help. Whether you’re on the way to the Grand Canyon or venturing to the mountains of Colorado, you’ll want to know that you can get help whenever – and wherever – you need it.
Most RV extended warranty plans offer some form of roadside assistance, which can be a huge benefit when things unexpectedly take a turn for the worst. With roadside assistance coverage, you protect yourself from the costs of unplanned towing fees, fuel delivery, tire changes, etc.
4. Enjoy Some Peace of Mind
Lastly, if you like to plan your budget and avoid surprise expenses, having an extended warranty can help you sleep at night.
The cost to repair an RV issue can range from $350 to as much as $20,000, depending on the repair. As you can imagine, this adds up, especially when you consider that 8 out of 10 RVs will have a major breakdown within the first five years. More likely than not, you’ll use your warranty at some point.
Besides saving you money, extended warranties can also help boost the resale value of your recreational vehicle. Many shoppers look for used RVs that come with previously purchased warranties. Extended warranty for RVs is usually transferable, so you can include the warranty as a key selling point when looking for buyers.
Hopefully, this post gave you a better understanding of how RV extended warranties can improve your recreational vehicle ownership experience. Driving and caring for an RV should be an enjoyable experience that doesn’t break the bank, and an extended warranty for an RV can help ensure that it’s true for you and your family.
If you are interested in purchasing a recreational vehicle extended warranty, RVing Solutions can help. We provide comprehensive warranty coverage solutions that are sure to fit your needs and save you money.
We invite you to get a free quote from our team today! Let us show you just how valuable an extended warranty could be for your vehicle and finances.