Coverage Misconceptions & Reality of RV Park 'n' Protect™

February 1, 2024

Coverage Misconceptions And The Reality of RV Park ‘n’ Protect™

You work hard to ensure your tenants are as satisfied with your services as possible. Building up a storage facility for recreational vehicles, boats, trailers, trucks, and the like is no small task and takes time and effort. It makes sense that you will want to offer your tenants the best protection for their possessions. This is why RV Park ‘n’ Protect™ has options that are superior to traditional insurance. There are some misconceptions when it comes to protection plans, their effectiveness, and how they differ from insurance. Here are some common misconceptions and the reality behind them.

Misconception: Insurance will cover the costs.

Reality: Homeowner’s or renter’s insurance won’t provide any coverage that is not within the parameters of the insurance policyholder’s property. As soon as a policyholder’s belongings enter a self-storage facility, tenants are liable for their coverage.

Auto insurance, even if it is specifically for an RV, should also not be relied on by your tenants for their stored vehicles. The scope of these coverages does not extend to storage facilities. Tenants will also reduce their policies during off-seasons and start storing their vehicles and may not have the capability to process claims at that time. With a protection plan from RV Park ‘n’ Protect™, your tenants can reclaim their first line of defense in the event of unforeseen damages or accidents.

Misconception: Protection plans mean I have to pay even more in deductibles.

Reality: RV Park ‘n’ Protect™ offers deductible reimbursement through what we like to call our “Deductible Burden Relief” plan. Traditional insurance uses an item’s depreciated value or actual cash value in the event of a loss, while our protection plans use replacement costs. For a small monthly fee, tenants are covered in the event of an accident, theft, explosion, and more without having to worry about meeting a deductible.

Misconception: An extended warranty will cover the contents of a recreational vehicle.

Reality: Extended warranties are normally contracted if the mechanisms of the RV malfunctions. If a recreational vehicle has machinery breakdown and the manufacturer’s warranty has expired, extended warranties traditionally “fill in the gap.”

RV Park ‘n’ Protect™ is not a warranty, it is a property protection plan that covers incidents that insurance and warranties do not cover. Our protection plans are designed to protect your tenants’ property inside and out, and that includes the contents of a recreational vehicle.

Misconception: A protection plan won’t cover offsite accidents.

Reality: Not only does RV Park ‘n’ Protect™ mitigate the damage of accidents on site, but we cover offsite damage as well. This applies to the contents of the RV. That means that protection is on the road with your tenants while they embark on their travels.

Misconception: Theft and vandalism are hard incidents to get coverage for.

Reality: It is easy to file a claim in the event of burglary or vandalism. Safeguarded from ne’er-do-wells, stolen parts from a vehicle that are meant to be permanently attached are eligible for replacement costs up to the purchased plan limit.

Misconception: Regular dings and scratches that happen on-site are covered by vehicle insurance.

Reality: Most vehicle insurance providers will not protect against minor incidents on travel or recreational vehicles while at a storage facility.

Misconception: A protection plan is expensive.

Reality: A protection plan from RV Park ‘n’ Protect™ is not only cost-effective, but it removes the financial burden for your tenants in events that are out of their control. It saves your tenants money with the bonus of providing an additional revenue stream for your business.

Traditional insurance requires complicated and costly licensing and claims processing that leaves a lot to be desired. With RV Park ‘n’ Protect™, you are not limited in sales, you are not tied down by overly complicated red tape, and you are ensuring your tenants receive the best protection possible. It is easy to get started selling once you begin, so get in touch with us today.