Traveling in an RV (recreational vehicle) has always been unique and exciting. You get to explore new places and simply enjoy being on the road with your family. Money can’t buy happiness and joy, but it can buy a camper, which is kind of the same thing. With happiness comes responsibility. Better buy RV insurance to protect the thing that brings so much joy to your family to the fullest, so you can keep enjoying it for years.
RV insurance provides protection if you cause injuries or damages to others and can also cover the cost of damages to your vehicle if a covered incident occurs. You can choose from various coverages that will differ depending on how you use your vehicle — recreationally or as a full-time residence. Coverages will also vary depending on how the vehicle is operated — if you’re driving a motorhome, for example, you’ll need separate liability coverage to stay on the road, but if you’re pulling a travel trailer, you will not need separate liability insurance because it’s transferred from your auto insurance policy while towing your travel trailer.
The classes of RV include:
Class A: This class includes models such as the luxury coach, converted bus, and
motorcoach. These vehicles can be up to 75 feet long.
Class B: This is the smallest class of recreational vehicles. These vehicles do not
have a cab‐over, and can also include cargo van type designs, travel trailers, and
Class C: This group includes vehicles that use a standard cargo van as the driving
portion of the RV, and the camper portion extends over the cab area. This class
covers fifth-wheel vehicles. To find the right RV coverage for your motorhome or
camper, contact an independent agent.
If you damage your RV or cause injuries to someone else (and/or their property), you can file a claim with your insurance provider. Depending on the incident that occurred, your insurer may pay for the losses or injuries up to your coverage amount.
There are some differences between RV insurance and traditional auto insurance. When you buy RV insurance, your insurer or agent will ask simple questions about you, your RV, and how often you use it. You’ll then select coverages to best protect you and your vehicle. Generally, more coverage means a higher insurance premium.
RV insurance covers many of the similar risks that auto insurance does. The most important aspects of your RV insurance policy will be determined by how you use the RV. If you’re using it as a true recreational vehicle on an occasional basis, then your premium may be much lower than someone who lives in the RV full-time. It’s important to note that if your RV is a travel trailer towed by another vehicle, liability will be covered by your auto policy since the travel trailer is not a motorized vehicle.
Physical damage coverage: Comprehensive coverage protects your RV from theft, vandalism, windshield damage, acts of nature, rocks, and debris kicked up by other vehicles and accidents/impacts with animals. Collision covers damage to your RV due to an accident, regardless of fault. Both types of coverage include a deductible.
Bodily injury and property damage liability: In most states, this is the only required coverage for motorhomes. This coverage pays for damage or injuries you cause while driving your motorhome and covers legal fees that may result from the accident. Travel trailers don’t require liability coverage because it’s provided by the vehicle towing the travel trailer.
Uninsured/underinsured property damage and bodily injury: If your motorhome is hit and damaged by a driver who isn’t carrying insurance or doesn’t have enough to cover the damage they’ve caused, uninsured/underinsured motorist property damage coverage may pay to repair or replace it (up to your policy’s limits) and for injuries, you suffer. Travel trailers don’t require this coverage because they are not motorized vehicles.
Medical payments: Medical bills, up to the limits you choose, maybe covered for you and your passengers if you’re in an accident, regardless of fault. Coverage doesn’t apply to travel trailer policies.
RV Roof Protection Plus: If the roof of your motorhome or travel trailer needs to be repaired or replaced due to damage or even wear and tear, roof protection coverage can be added to your physical damage coverages on many RV policies. Progressive’s Roof Protection Plus coverage can also pay for damages, minus your deductible, to other parts of your RV resulting from the roof’s malfunction. A deductible typically applies, and older vehicles may not qualify for coverage.
Pest Protection: Some RV insurers, including Progressive, provide coverage for damage to motorhomes and non-stationary travel trailers from insects, birds, rats, and other rodents and vermin. A deductible typically applies, and older vehicles may not qualify for coverage.
You can also get additional protection for your personal belongings on board, equipment, and attached accessories such as awnings and satellite dishes. Depending on the insurance
the company you choose, your additional coverage options may include:
• Full loss replacement coverage for newer RVs that are less than 3 to 5 years; others may only offer actual cash value coverage, others may offer stated
value coverage. The coverage limit will depend on what your carrier
• Campsite and vacation coverage
• Emergency expenses
• Towing and roadside coverage
• Full‐timer coverage if your RV is your full-time residence
Although there are a lot of things that are covered by RV insurance, there are also many things that aren’t. Here are a few things:
General maintenance and wear-and-tear: are not covered by insurance. However, if a tree falls on your unit during a storm or hail pokes holes in the roof, you would be covered. The cause of the damage is important.
Mold & Fungi: RV insurance does not cover any type of mold, fungi, or rot damage, even if it was caused by an insured event such as a storm. Proper maintenance should prevent mold and fungi, which is why it isn’t covered.
Intentional Damage: Physical damage insurance for RVs only applies to unintentional or unpreventable damage to the vehicle. Therefore, if a policyholder intentionally damages their vehicle, they will not receive coverage from their policy.
Whether you need RV insurance depends on what kind of RV you own.
In nearly every state, you need to buy insurance for an RV if it’s considered a motorhome. In short, a motorhome is a home on wheels that can be driven. Only two states, New Hampshire and Virginia, don’t mandate RV insurance, just as they don’t require liability insurance for cars. However, it’s smart to buy both auto and RV coverage in those two states.
It’s worth noting that if you finance the purchase of a motorhome, the lender generally will insist that you carry liability insurance as well as comprehensive and collision coverage.
Now, if you can tow your RV, such as a camper or trailer, you normally don’t need to buy a standalone RV insurance policy. That’s because auto insurance likely covers this type of RV. You can, however, buy extra coverage for a towable RV
The cost of RV insurance varies widely. Your RV insurance policy’s premiums depend on several key factors, like:
Whether your RV is a Class A, B, or C model. Class A is the most expensive coverage followed by Class C, while Class B RVs are the least costly to insure.
Whether you use your RV occasionally or if you are living in the RV full-time.
Your driving history and record of accidents or past claims.
The limits you set on your policy, as well as the deductible amounts. Your overall costs would be lower if you choose high deductibles, but you’d also have higher costs to pay out of pocket if you had to file a claim.
The additional riders or added coverage you add, such as coverage for your personal belongings, towing and roadside assistance coverage, etc.
A Class A RV may cost around $2,000 per year or more to insure, while a Class B may fall somewhere in between $1,000 to $2,000.
Specialized RV insurance often features higher liability thresholds than typical car insurance. This makes intuitive sense since RVs are sometimes employed as an owner’s primary residence, and the cost of owning and operating an RV is often higher.
Also, due to the size and issues involved with handling a vehicle as massive as an RV, insurers equate higher liability thresholds with an RV’s ability to wreak more damage on smaller vehicles in an accident. The higher liability limits that specialized RV insurers dole out in part compensate for this increased RV risk while offering RV enthusiasts more financial security and peace of mind.
Another difference between insuring an RV and a typical car is that RV coverage can often be suspended when the RV is placed in storage. This makes sense, as collision coverage would hardly be an issue when the RV is out of commission and in a long-term storage lot or trailer home. Especially for retired couples on a budget, this is a budget-snipping measure that makes a lot of financial sense.
If you own an RV and you want to take it on a new adventure, talk to a licensed representative about your coverage options. CompareAquote.com can help you; call us at (646) 423-2772 to learn what type of coverage is best given the type of vehicle you have and the way you intend to use it.
RV is usually a big vehicle. It is towed by your car in a lot of instances, or a full camper is as big as a bus. So the liability coverage for such a large vehicle is essential. It is necessary to have adequate liability and comprehensive insurance; otherwise, you might have to pay out of pocket. Call us at compareAquot.com, and we will assist you to give you complete protection so you can keep enjoying your RV.