The type of RV insurance coverage you have determines how much the insurance company will cover in case of damages. For instance, while collision coverage pays for damages resulting from a collision with an object or another vehicle, comprehensive coverage covers non-collision-related disasters, per the Insurance Information Institute (III). Loss coverages are necessary when your recreational vehicle undergoes massive damage that is beyond repair. Therefore, if you want your RV insurance to replace your vehicle in case of damage, consider the following loss coverages.