3 Tips for Getting the Best RV Insurance (2024)

FAQs

How is RV insurance determined? ›

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. Options include liability, collision, comprehensive, uninsured/underinsured motorist, and even RV towing insurance.

The best RV insurance for full-timers is offered by Allstate due to their extensive coverage options and many discounts. Our best-rated RV insurance companies offer additional coverage like sound system, pet injury, vacation liability, and full-timer liability insurance.

Because you drive your motorhome like a car, you'll usually need to carry liability insurance that meets the state's minimums for auto insurance coverage. On the other hand, the towing vehicle's liability policy usually covers trailer-type RVs.

RV insurance cost depends on your RV, driving history, RV experience, credit score, location, and more. You can save money by bundling insurance policies, establishing a storage period, completing a safety course and more.

Standard RV coverages

Comprehensive covers your RV for events beyond your control: theft, vandalism, fire, glass breakage, weather-related incidents, and collisions with animals. Collision will repair or replace your RV if damaged in an accident with an object or another vehicle, regardless of fault.

Progressive's policy options include coverage for those who use their RV full-time or as a residence. Policies for these customers provide coverage similar to homeowner's insurance, including personal liability and loss assessment.

Nationwide, Progressive and Allstate are our top three picks for the cheapest RV insurance providers. The cheapest type of RV coverage is liability insurance, which is required for driveable RVs. RV insurance can be as cheap as $125 per year for basic coverage.

Best RV insurance overall: Progressive

Whether you're an RV full-timer or part-timer, Progressive's standard policies typically include more features than policies from other companies. For example, Progressive RV policies include both accident forgiveness and pet injury coverage.

RV insurance will not cover general wear and tear or damage from mold, delamination repairs, fungi, or rot. Damage from earthquakes or floods may also be excluded, depending on how frequently the RV is used.

Provides physical damage coverage in the event your RV is damage or destroyed due to an act of god. This includes wind, hail, hurricane, lightning, fire, Flood, Theft, Vandalism or impact with an animal. Comprehensive coverage is generally optional and only required if there is a loan on the RV.

Does RV insurance cover water damage? ›

If you carry comprehensive coverage, which covers damage to your vehicle beyond your control, and your motorhome or travel trailer is damaged by water, your RV insurance policy may pay to repair or replace your RV, minus your deductible.

Because RVs are big vehicles that can do a lot of damage in an accident, you will want to pay special attention to liability coverage. Generally, only an RV insurance policy will cover liability for a motorhome. For a travel trailer, liability coverage is typically provided by the towing vehicle's policy.

According to Progressive, the average annual RV insurance premium is around $502 for a travel trailer and $848 for a motorhome. For a minimum coverage RV insurance policy, annual rates start at $125. Before you purchase an RV insurance policy, it's a good idea to shop around and get several RV insurance quotes.

Highly populated areas mean more risk for motor vehicle accidents, which increases your RV insurance cost. Regions prone to catastrophic weather and motor vehicle theft may also be more expensive for RV insurance.

Overall, Geico ranks 3rd out of the RV insurance companies we have reviewed. Geico can cover a variety of RVs including fifth wheels, travel trailers and motorhomes. Extra options from Geico include personal effects coverage, vacation liability, emergency expensive coverage and total loss replacement.

Generally speaking, the difference between coverage requirements is based on whether or not you tow the RV behind another vehicle. If you tow it, in most cases insurance is optional. But if you can drive the RV to your destination, it's likely that you're required by law to have insurance coverage on it.

Many RV insurers offer a $1,000 deductible for your RV's comprehensive coverage, which brings down the cost of your policy compared to carrying a $250 or $500 deductible. If you choose a $1,000 RV comprehensive deductible, understand that RV hail damage repair costs under $1,000 will come out of your own pocket.

Nationwide, Progressive and Allstate are our top three picks for the cheapest RV insurance providers. The cheapest type of RV coverage is liability insurance, which is required for driveable RVs. RV insurance can be as cheap as $125 per year for basic coverage.