St. Louis-based GMAC Insurance announced the nationwide rollout of its specialized RV insurance through independent agencies. The move comes as part of a GMAC Insurance initiative to expand its product offerings sold through approximately 10,000 independent agencies across the country.
“We recognize that an RV is more than just a big car, so we created insurance coverage to truly fit the way RVers live,” said Wade Bontrager, Vice President, RV Marketing, GMAC Insurance – Personal Lines.
GMAC Insurance’s RV coverage includes:
* Storage Coverage – An industry-exclusive feature that allows customers to save money by suspending collision and liability coverages during the months they are not using their RV. Comprehensive coverage stays in effect to protect against fire, storm, wind and theft.
* Personal Contents Coverage – With a basic policy, personal belongings are automatically insured for their full replacement cost – not a depreciated amount – up to $3,000, at no extra cost. Additional coverage can be purchased.
* Replacement Cost Coverage – If an RV is totaled or stolen, this optional coverage provides full replacement cost – rather than just the depreciated value – for a comparable new RV, even if the customer is not the original owner.
* Full-timer Liability Coverage – Specifically designed for those who live in their RV full-time, this optional coverage is similar to homeowner’s insurance coverage for injuries in or around the RV, as well as for personal liability.
GMAC Insurance’s specialized RV coverage is now available through independent insurance agents representing GMAC Insurance in Arizona, Illinois, Ohio and Tennessee. The company plans to extend availability to agencies in additional states throughout 2007.
Source: GMAC Insurance, www.gmacinsurance.com
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