Consignment Coverage

In today’s economy more and more RVers are looking at consignment contracts with RV dealerships as an option to sell their RV. The typical RV insurance policy may not provide coverage for your RV while it is in the possession of an RV dealership; in fact, many policies specifically exclude coverage for RVs being sold on consignment. If you are considering selling your RV on consignment, be sure to read your policy and speak with your insurance agent before hand to see if your policy provides coverage while your RV is being sold under a consignment contract.

In many cases, a special consignment endorsement can be added to your RV policy for an additional fee. This endorsement extends coverage on the RV if it is being test driven by potential buyers or dealership employees. Consignment endorsements may not be available in certain states or areas, so speak with your insurance agent to make sure the endorsement is available for the dealership or consignment lot you are considering.

Before selling your RV through a consignment program, talk to your insurance agent to make sure that your RV is adequately covered. The consignment endorsement may be worth the extra cost since the RV will be out of your control and custody while on consignment, and may be exposed to inexperienced drivers as well as dealership employees. Your insurance agent will be able to assist you in answering any question that you may have about consignment coverage to ensure you are protected during the sales process.

For a complete review of your policy go to www.explorerrv.com/Quote/ or call 888-774-6778

Jill Marsillett
Specialty Agent