RV Insurance

What is RV Insurance?



We’ll start at the very beginning by talking a bit about what RV  insurance is. As you might imagine, motorhome or travel trailer  insurance is a lot like auto insurance (or even homeowners insurance) in  a lot of ways.

Essentially, this insurance protects you and your RV should something  go wrong while you’re out camping, or when the rig is in storage. That  said, there are some key differences between RV

insurance and auto  insurance or homeowners insurance. Most of these involve the items and

events that are covered. 


Is RV Insurance Required?


You may be wondering if you really need camper insurance at all. The answer? It depends. 

The owners of motorhomes of all shapes and sizes must, at the very  least, hold liability insurance in order to drive their motorhome  legally. Of course, if you have a loan out on your motorhome, you will  probably need to carry much more than just liability insurance—and

honestly, this is what we recommend anyway. 

If you have a towable RV and you own it outright, you are not legally  required to hold any kind of travel trailer insurance policy. However,  if you are paying off a loan on the trailer, the lender will likely  require you to keep a certain level of insurance until the loan is paid  off in full.

It’s also important to note that some campgrounds require campers to  have insurance on their RVs. If this is the case, they will request to  see valid proof of insurance before allowing you to stay. 

Even if you don’t have a loan on your trailer and don’t visit  campgrounds that require every camper to have insurance, we still highly  recommend holding an insurance policy. Depending on the policy you  choose, your insurance could protect you should a person be injured by  your trailer. It will also protect your investment should something  happen to the camper.


Types of RV Insurance


There are many different types of insurance coverage for RVers. There  are policies for motorhomes, which usually include the things you might  see on a car policy—bodily injury and property damage liability,  uninsured motorist, personal injury protection, and so on.

Motorhome policies may be liability only, or they may include  collision and comprehensive insurance, so be sure you know what you’re  getting before you purchase anything. 

Additionally, there is insurance specifically for travel trailers and  fifth wheels. These policies can also be full coverage policies or  liability only. However, they will not include coverages that involve  on-the-road incidents, as these things should be covered by the  insurance you carry on your tow vehicle. 

Finally, we must mention full-time RV insurance. These policies  protect those who live in their RVs full-time by covering the  possessions in their RV and helping them find a place to stay

should  their RV be totaled.

As you might’ve guessed, full-time RV insurance is more expensive  than typical RV insurance, so you will want to be prepared to pay a  pretty penny for such coverage. 


What Does RV Insurance Include?


The most basic RV insurance options cover only the most basic  things—no surprise there. That said, most RV insurance companies do  offer a number of different policies with all kinds of options beyond  the basics.

By finding or building the policy that works best for you and your  situation, you can ensure you are taken care of should the worst happen.  

Some of the options you might see when shopping for camper insurance include:

Medical Payment Coverage

This particular coverage is required by law, so any policy you choose  should include it. It covers medical bills that may arise due to a  traffic accident caused by your RV.

Collision Insurance 

Traffic accidents happen. Collision coverage will cover you when they  do, no matter who happens to be at fault. This is something that all  the best RV insurance policies will include. 

Total Loss Replacement 

If something catastrophic happens and your RV is a total loss, this coverage will ensure you get a replacement. 

Fulltimer’s Personal Liability 

This covers you should someone get hurt in or near your RV. It covers you rather than the vehicle, protecting you at all times during your travels. 

Secured Storage 

Do you leave your rig in storage often? If so, this coverage might be  a good idea. It covers your RV and everything in it while it sits in  storage, protecting you from theft. 

Companion Auto 

This allows you to pay only one deductible should both your RV and vehicle be damaged in the same traffic accident. 

Personal Property and Belongings Coverage 

This is a good bit of coverage to have if you travel with expensive items, especially if you live in your RV full-time.  

Personal Attachments Coverage 

Do you have a lot of upgrades such as satellite dishes and awnings? Personal attachments coverage will cover those things. 

Comprehensive Coverage

Comprehensive insurance is there for you when unfortunate things  (besides traffic accidents) come into play. These include such events as  natural disasters, fire, falling objects, and vandalism. 

Uninsured Motorist Coverage

You never know when you might be hit by somebody without insurance of  their own. Protect yourself from this with uninsured motorist coverage.

Roadside Assistance


How Much Does RV Insurance Cost?

RV insurance average cost varies greatly based on several factors, including the type of RV you own and your state of residence.

Cheap RV insurance is almost always available for those who only  require base-level coverage. However, motorhome and travel trailer  insurance costs go up when you opt to purchase extra coverages like the  ones listed above.

Of course, different RV insurance companies will charge different  rates as well. In fact, in some cases, RV insurance cost will be dramatically different from one company to the next.

Therefore, it’s a good idea to do your research and request quotes  from several insurance companies. This will allow you to select the one  that offers the best insurance rates while also giving you the coverage  you need


What Are the Best RV Insurance Companies?

There are many, many RV insurance companies out there. Therefore,  deciding which one to go with can feel like an overwhelming task.

While most people don’t necessarily want the cheapest RV  insurance, finding something affordable is usually important. Of course,  if you’re living in your RV, finding the best RV insurance for  full-timers is also a factor. 

We’ve done some research on the topic and have narrowed the list down  to what we believe are the three best RV insurance companies out there:

  1. National General
  2. Progressive
  3. Good Sam

These companies all specialize in RV insurance, and all three offer  policies for full-timers as well as RV vacationers. Each of these  companies has a wide variety of policies and options, meaning you’re  sure to find a policy that suits you.

In our opinion, your RV insurance is one of the most important things  you’ll purchase for your RV. Research your options well and make sure  you’re covering yourself completely. Even if you never use your  insurance at all, the peace of mind it will provide while you enjoy your  travels is worth every penny you pay.