Return to Glossary

Total Loss Replacement

Replacement cost/purchase price guarantee means that in the event of a total loss of your RV, within the first five model years, your RV is replaced with a new, untitled unit as closely equipped to what you owned as possible.

In the event of a total loss for an RV older than five model years, the purchase price as reflected on the declarations page will be the payout, less the deductible. The purchase price value reflected as the rating base should be the purchase price of the unit including all permanently attached equipment plus tax, title, and license fees.

*Stipulations for this coverage may vary by insurance carrier.