Escapees July-August 2023

KOLE PUCKETT joined Church Street Financial in January 2013. He and his wife met upon graduating from Texas A&M University and have three children. Kole is the Agency Principal of Church Street, producing and overseeing all insurance operations that include Employee Bene fi ts, Individual and Group Medical, Medicare, Life, Long-Term Care and Personal and Commercial Property & Casualty Lines. your RV would be paid in the event of a claim. Ask about additional endorsements and how they can provide extra protection for your RV, and double-check your liability limits to ensure coverage is adequate. With the right coverage in place, you can enjoy your RV with peace of mind, knowing that you are protected against a wide range of risks and damages. Happy and safe travels from your friends at Church Street Financial. appetite for the risk of one living full-time in an RV, making you ineligible for coverage. If you are not a “full-time RVer” but do travel and vacation frequently, you might consider adding vacation liability to protect against injury to others proximate to your RV. This is an inexpensive form of coverage to protect against the “what if.” Oftentimes, you should consider an umbrella policy to provide an extra layer of liability protection that sits over your under lying assets. Reach out to your agent or a fi nancial advisor, someone who knows your fi nancial situation, to see if an additional $1 million of liability or more is necessary for your insurance plan. As mentioned, liability coverage is inex pensive. In many cases, the cost of signi fi cantly increasing your coverage is nominal. Being on the road and traveling can pose greater risks so, please, make sure you have appropriate coverage in place. We at Church Street Financial hope this article was insightful and brings awareness on a few things to be mindful of when purchasing an RV policy or reviewing exist ing coverage. It is important to work with a knowledgeable and experienced insurance agent who can help you understand your options and fi nd the right solution for your needs. In summary, know at what valuation

and providing structural support. However, over time, the roof of an RV can become worn and damaged, leading to leaks and other serious problems. Similar to pest and rodent damage, this type of damage is often not covered under a standard RV insurance policy. An endorsement for roof protection typically provides coverage for damage caused by normal wear and tear, water leaks or other problems, as well as repairs or replacement of the roof. Some policies may also include coverage for damage caused by falling objects, such as tree branches or hail. Be sure to understand the limits of the coverage, as some policies may have a maximum amount of coverage or a deductible that must be paid before the coverage kicks in. There are other popular endorsements you may consider which include coverage for your windshield, personal effects, emer gency expenses and roadside assistance. Make sure you are aware of all your cover age options and ask for pricing to make a well-informed decision that suits your needs. 3 Protecting your Assets Liability, liability, liability! If you were deemed at fault or negligent in an accident, you would want suf fi cient limits of liability coverage for protection. Liability is relatively inexpensive but extremely import ant coverage on your RV policy, so please do yourself a favor and make sure your limits are adequate. The insurance company has the duty to defend you in a suit, but you need proper limits in place to protect your hard-earned assets. When you are pulling an RV, your liability coverage from your auto policy will extend to your RV. So if you do not have a motor home, look at your auto insurance policy and review your limits of coverage. If you do have a motorhome, your limits of liability are on the RV policy. For all of you “full-time RVers,” make sure your insurance company or agency is aware of that to ensure you have suitable liability coverage similar to that of a homeowner’s policy. There are insurance companies that do not have an

Church Street Financial is an investment and insurance fi rm in Livingston, Texas. For decades, our employees have served the Escapees community. We look forward to continuing to serve our RV friends through a new strategic partnership!

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ESCAPEES Magazine July/August 2023