Running an RV park or campground can be incredibly rewarding, but it also comes with its fair share of risks. From liability concerns in common areas to the intricacies of managing facilities, RV park owners face unique challenges daily. Proper insurance coverage that aligns with your park’s specific needs is essential for protecting your business, your employees, and your guests.
Key Risks Faced by RV Parks
Operating an RV park involves navigating multiple risks, from general liability to property safety. Here are some of the most common challenges:
- Liability Concerns
RV parks are often bustling areas filled with a mix of visitors. This opens up possibilities for accidents, injuries, or disputes, leaving owners vulnerable to lawsuits. - Pets on Property
Many RV travelers bring pets, particularly dogs, which can lead to potential incidents, such as bites or other pet-related injuries. Campground owners often have pets on property as well, and that liability also needs to be addressed. - Facilities Risk
Common facilities such as laundry rooms, shower areas, and playgrounds can pose hazards. Slips, falls, or equipment malfunctions are just a few examples of the risks associated with these spaces. - Swimming Pools
Swimming pools are a high-risk area for any campground or RV park. Drowning hazards, slippery decks, and inadequate supervision can lead to serious accidents. - Liquor Liability
If your RV park sells alcohol, you could be held responsible for accidents or harm caused by customers under the influence. - LP Gas Filling Stations
Propane safety is crucial. Improper handling of LP gas can lead to fires, explosions, and other catastrophic events. - Special Events
Hosting events, such as weddings, music festivals, or community gatherings, brings its own set of exposures. Crowds, temporary setups, and entertainment can create additional risks.
Insurance Coverage Options for RV Parks
To manage these risks effectively, having the proper insurance coverage(s) in place is crucial. Here are some of the coverage options that need to be considered:
- General Liability
Protects your business from third-party claims related to injuries or property damage occurring on your premises. - Property Insurance
Covers your physical assets, including office buildings, laundry facilities, and other structures, from perils like fire, storm damage, or vandalism. - Business Income Coverage
Ensures your income is protected if an unexpected event causes a temporary closure of your RV park. - Liquor Liability Insurance
If alcohol is served or sold on-site, this coverage protects your business in the case of alcohol-related incidents. - Workers’ Compensation
Safeguards your employees by covering medical expenses and lost wages due to work-related injuries or illnesses. - Umbrella Liability
Provides additional coverage that extends beyond the limits of standard insurance policies, offering protection for larger claims. Coverage can go up to $16 million to ensure maximum protection. - Special Endorsements
Tailored endorsements can address specific risks unique to campgrounds and RV parks, such as:- Trailer Spotting Endorsements: Coverage for moving and spotting trailers.
- Boat, Canoe, or Rafting Endorsements: Liability protection for on-site water activities.
- LP Gas Endorsements: Specific protection for propane safety risks.
- Equine & Horse Insurance
If your RV park includes horseback riding or equine programs, this coverage is vital to protect against risks specific to these activities. - Marina Insurance & Operators Legal Liability
For RV parks that include marina activities, this coverage protects against risks associated with docks, boats, and associated liability issues. - Commercial Auto Insurance
Covers vehicles owned or operated by your RV park for accidents, property damage, or injuries. - Crime Insurance
Protects your business from losses resulting from employee theft, fraud, or dishonest activities. - Special Events Coverage
Hosting events? This coverage ensures protection against risks tied to crowds, temporary setups, and event-related accidents. - Cyber Liability
Properties with registrant data, digital and/or card payments, and other sensitive info stored digitally should consider liability coverage for potential data breaches, hacking incidents, and other cybersecurity concerns. - Employment Practices Liability (EPL)
May provide coverage if issues occur in the course of business and claims are made by employees against their employer – in this case the RV park or campground.
Why Having an Agent that Knows Your Business is Key
The key to protecting your RV park is having insurance coverage that is customized to meet your specific needs. A general policy might leave gaps that can lead to major financial losses if something goes wrong. By working with an insurance provider that specializes in campgrounds and RV parks – such as the team at John Bailey Company – you can ensure your park has the best possible coverage.
With over 20 years of experience insuring campgrounds and RV parks across 23 states, John Bailey Company understands the nuances of this industry. Contact our team today to get started!