So your RV gets totaled. Now what?
If that day ever comes, you’ll want to know exactly what your insurance will pay out—and trust us, the difference between Actual Cash Value and Total Loss Replacement can be tens of thousands of dollars.
Let’s break it down in plain English:
💸 Actual Cash Value (ACV): The "Depreciated" Payout
With ACV coverage, your insurer will calculate what your RV was worth at the time of loss, factoring in age, wear, mileage, and depreciation.
🧠 Example:
If you bought your RV for $120,000 but it’s now worth $85,000 on paper, you’ll get $85,000 (minus your deductible).
✅ Pros: Usually comes with a lower premium
⚠️ Cons: May not be enough to replace your RV with a similar model today
🔁 Total Loss Replacement (TLR): The "Get a New One" Option
With TLR, if your RV is totaled during the first few model years (usually within 4-5 years of original purchase), your policy may replace it with a brand-new, comparable RV—not just the depreciated value.
🧠 Example:
You bought your RV for $120,000. It’s now worth $85,000. But with TLR, your policy pays to replace it with a brand-new RV of similar kind and quality—even if it now costs $130,000.
✅ Pros: Helps you truly replace what you had
⚠️ Cons: Slightly higher premium, and usually only available on newer units
🧾 Why It Matters So Much for RVers
Unlike cars, RVs can depreciate fast—but also be packed with upgrades, personal value, and custom touches. That’s why choosing the right loss settlement option up front can save you a lot of heartache (and money) later.
At Twin Peaks RV Insurance, we’ll walk you through all your options—no pressure, no guesswork—so you know what you’re actually paying for.
👉 Review or request your RV quote here
Or call 800-507-8467 and let’s talk about how to protect what your RV is really worth