What is RV Insurance?
Recreational vehicles (RVs) are huge in the U.S. The pandemic boosted RV sales as they provided a way to go on vacation, often to National Parks and other remote attractions, without using public transportation, eating in restaurants, or staying in hotels. Today, it is estimated that there are more than 565,000 registered RVs on the road. But, of course, state law requires each of those units to have insurance, and unlike trucks, SUVs, or cars, the number of companies offering RV insurance is limited.
Whether you use your RV for road trip adventures or, like a growing number of people, to live in full-time, you need insurance coverage. RV insurance companies provide financial protection that can pay for repairs and hospital bills and give you liability protection should you cause an accident.
5 Solid RV Insurance Providers
- Good Sam: If you own an RV, you already know the name. You’ve probably stayed at one of their 2,000 parks and camps. You may even already have the Good Sam RV roadside assistance plan, rated best in the nation. Good Sam is all about RV life. The Good Sam Insurance Agency is not a direct insurer but works with several top-notch companies to provide your insurance needs. Good Sam provides coverage for Class A, B, and C motorhomes, Airstreams, conventional and 5th wheel trailers, popup trailers, horse trailers, and bus conversions. Additional coverage for tires and chassis is available. That will cover your insurance needs, and for anything else you need for your RV, check out Good Sam’s departments for the best prices.
- Roamly: Roamly is another reputable company offering Class A, B, and C policies, mounted truck campers, campervans, conventional travel trailers, and expandable trailers. If you live in your RV, Roamly is one of the few insurance companies with policies designed just for you. Additional coverages include emergency expense coverage, adjacent structures coverage, and debris removal.
- National General: Another option for full-timers, National General, is an RV insurer with a good reputation for claims and service. The company covers Class A, B, and C RVs, horse trailers with living quarters, 5th wheel trailers, Airstreams, mounted truck campers, and bus conversions. For part-timers, National General allows you to pause some coverages while the vehicle is in storage. Optional coverages include replacement costs, diminishing deductibles, Mexico physical damage, and additional emergency expenses. In addition, discounts are available for multi-vehicle and prepaid policies.
- Progressive: For safe drivers, Progressive offers a disappearing deductible of 25% for each claim-free policy period until it reaches zero. Coverages include replacement costs, personal effects, vacation liability, emergency expenses, and pet injury coverage. In addition, full-timer policies are available, and the company covers Class A, B, and C, conventional trailers, popup trailers, mounted truck campers, and single-horse trailers.
- RVInsurance.com: Like Good Sam, RVInsurance.com is not a direct insurer but an agency that searches for the best prices. Currently, the agency is partnering with A-rated RV insurance companies like National General, Nationwide, Safeco, and Foremost, to find customers the best fit and price for their motorhomes. Coverage is available for Class A, B, and C RVs, conventional and 5th wheel trailers, pop-up campers, truck-mounted campers, and horse trailers. A sampling of the discounts available from their partners includes multi-policy, safe driver, prepaid, and low mileage rates.
The good news is that RV premiums are typically lower than conventional cars and trucks. That said, the type of motorhome and its size determines what you will pay for your RV coverage.
Class B RVs are typically the cheapest among RVs with their own engines. Class C medium-sized RVs cost a bit more because of the "granny's attic" located above the driver's space. Class A RVs are the monster, tour bus-sized RVs typically powered by powerful diesel engines, and as a result, are the most expensive to insure.
However, even though this class of insurance is lower than standard auto insurance, anytime choices are limited, consumers miss out on the advantages of healthy competition. Because price, quality, coverage, and service vary widely among RV insurance companies, we have put together our picks for the best overall deals to help you confidently drive your rolling home!
If you are looking forward to an exciting vacation adventure in your RV, do so with the confidence that a quality company has your back with an insurance policy designed just for you.