RV extended warranty is basically a policy which you buy to cover (most of) the repair bills for the failure of almost every working mechanical component, system or appliance on your RV. An RV Extended Warranty provides you protection from a major financial blow in the event of these failures. Your financial outlay is usually limited to a “deductible” that you determine at the time of buying the RV Extended Warranty. RV extended warranty is similar to buying an insurance policy (although different) but it is worthwhile investment is a very individual choice, with many variables.
“RV extended warranty is all about risk management, and peace
of mind. And what you are willing to do or pay for that.”
What does an RV
Extended Warranty cover?
RV Extended Warranty is designed
to cover mechanical and electrical breakdowns and repairs on your RV roof. Things
like the repair costs of slide-outs, furnaces, air conditioners, water heaters,
appliances, engines and so on. RV extended warranty can be Exclusionary vs.
Inclusionary.
Exclusionary policy- extended
warranty
An EXCLUSIONARY policy is the best type of RV warranty one should have,
as it offers the highest level of coverage/protection you can get on your RV. It
covers EVERY mechanical component on your RV, except for what is specifically
listed under the “What is Not Covered” or “Exclusions” section of your policy.
An Exclusionary RV warranty is the most comprehensive and best coverage
available for your RV.
Inclusionary Policy- extended
warranty
An Inclusionary Policy is also known as a “Listed Component” RV extended warranty
and offers limited coverage. These policies will list exactly which items are
covered under the contract. If the item that fails is NOT on this list, it
won’t be covered. That’s why it is considered a lower level of coverage than
the “exclusionary” policy and therefore is less expensive.
What does an RV Extended Warranty
NOT cover?
RV extended warranty will not cover regular RV service and maintenance. So
you will still have to cover the cost of oil changes, tires and rotations etc.
from your pocket. RV warranties also exclude damage to your windows, flooring,
furniture, and upholstery and awning materials.
As always, read the contract, its terms and conditions of coverage
carefully before signing! Know what you are – and are not – getting! And also make
sure you understand the process for filing a claim in the event of a breakdown.
What are the most common RV
repairs?
The most common repairs for both motorhomes and towable RVs are air
conditioners, slide outs, leveling jacks, generator, and the most important RV
Roof repairs. Of course, while on the road there are many
more things that can fail and need repair.
RV roof repair doesn’t have to be time consuming or difficult. Some
repairs need professional expertise but some repairs can be done easily with RV
roof sealant e.g. Liquid RV Roof.
What do RV repairs cost?
RV repair costs depend on the nature and complexity of the repairs
needed. Large Motorhomes – especially bigger Class A’s and Super C’s – tend to
be more complex and expensive than, say smaller Class B’s, Class C’s, and
travel trailers and fifth wheels.
RVs are becoming increasingly big and complicated these days – with more
technology, electrical and mechanical and systems. This means more things can
also go wrong while you are on the wheels! Most RV repair facilities charge
hourly labor rates that range between $85 and $150 an hour. The average tends
to be around $120 – $130 an hour. But these can also move up to $200 an hour on
more expensive rigs.
It has been estimated by many in the RV industry that an RV repair will
cost, on average, $300 an hour, including parts and labor. So RV repair costs
really can add up fast and cost a fortune on your RV travel experience! Not to
mention your bank account.
Whether your RV will need major repairs?
According to RV industry, at
least 3 out of 10 RVs will require a major repair in their second year on the
road. By the 5th year, that goes up to 8 out of 10 and within 8 years,
virtually all RVs will need a major repair.
In Short
When you a buy a new RV you will not need to buy an RV extended warranty as the manufacturer’s warranty will mostly cover the repairs for at-least for one year and in some cases for 2 to 3 years. BUT there are still advantages to buying an RV extended warranty right away – cost savings, convenience and peace of mind.
Have any question? Call 855-281-0940 or visit https://www.liquidroofrvrepair.com/ to shop Liquid RV Roof