Search thousands of topics on CostHelper.com

BROWSE ALL TOPICS >> appliances babies & children  cars  consumer electronics health & personal care home & garden personal finance  pets  schools small business weddings
CostHelper > Personal Finance  > Insurance > RV Insurance

RV Insurance Cost


How Much Does RV Insurance Cost?

 
low costTravel or Fifth-Wheel Trailer: $170-$1,000+ Per Yearaverage costClass C Motorhomes: $800-$1,000 Per Yearhigh costClass A Motorhomes: $1,000-$1,300+ Per Year
post E-mail post Post  

A recreational vehicle is basically a home on wheels. As such, in addition to standard vehicle liability and collision insurance many owners choose to have comprehensive coverage -- for theft of personal items or replacement if the RV is destroyed by a fire not related to a vehicle accident. Specialized "full-timer" RV insurance is a blend of auto and homeowner's insurance coverage. Premiums vary significantly based on the value of the RV, how it's used (vacations or full time), the value of its contents, location and the owner's driving record.

Typical costs:

  • Class A motorhomes are the largest and most expensive category of motorized RV. Premium costs depend on the motorhome's age, size and value, and frequency of use. RVersOnline.org[1] estimates average insurance costs of $1,000-$1,300 a year for a gas-powered Class A motorhome used 140 days each year. And a Mississippi resident[2] pays $1,200-$1,400 a year to insure a 1994 motorhome used 30-150 days each year, while the owner of a 2000 Itasca Suncruiser pays $500 a year with a $500 deductible.
  • A camper van (also called a Class B motorhome or a conversion van) is typically the smallest motorized RVs and can be covered on a standard auto insurance policy. Rates vary significantly based on location, type of coverage, value of the camper van, driving record and insurance company.
  • Class C motorhomes are the classic mid-sized motorized RV, typically with a sleeping area extending above the cab area. Premiums vary based on state of residence and the size, age and market value of the motorhome, plus frequency of use. An Idaho buyer looking at a supersized Class C motorhome[3] valued at $120,000 was quoted $3,097 a year; some owners report similar rates, but others are paying $800-$1,000 a year.
  • Insuring travel trailers or fifth-wheel trailers (with a special hitch that's installed in the bed of a pickup truck) is generally less expensive than insuring a motorized RV, but premium charges still vary significantly based on state of residence and the size, age and market value of the trailer, plus frequency of use. The owner of a small, older fifth-wheel RV[4] valued at $8,000 reports paying about $170 a year for collision and comprehensive coverage; RV-Dreams.com reports that full-timer coverage[5] on a Keystone Cambridge fifth-wheel cost $896-$924 a year between 2005 and 2009; and RVersOnline.org estimates annual insurance costs of $1,300 a year for a luxury fifth wheel with a medium-duty truck, used 140 days a year.
  • Smaller non-motorized RVs might need only standard auto insurance. In general a truck camper (a separate unit that slides into the bed of a pickup truck) costs less to insure than large trailers, because the pickup is usually already insured and the camper unit is considered cargo that can be covered with a relatively inexpensive rider to the auto insurance. Popup tent trailers are also relatively inexpensive to add to an existing auto insurance policy, and any theft of personal items when camping may be covered under homeowner's insurance.
Related articles: RV Storage, Class B Motorhome Camper Van, Class A Motorhome, Class C Motorhome, RV

What should be included:
  • Full-timer coverage is similar to homeowners insurance because it includes liability for accidents in the RV or campsite while used as a place of residence. Full-timer insurance can also cover a vehicle towed behind the motorhome.
  • If an RV trailer is hooked up to an insured tow vehicle, it's should be covered for liability (damages to others) under the tow vehicle's insurance. Any personal items stolen from an RV trailer while camping may be covered under homeowner's insurance. However, this coverage is often limited, either by dollar amount or the specific circumstances covered. For damages to a trailer caused by an event other than a collision or overturn (like theft, fire, vandalism or falling objects) a policy with comprehensive coverage is needed.
  • GoRVing.com outlines the coverage options possible under specialized RV insurance.
Additional costs:
  • When storing an RV, check if the existing insurance policy has limits on coverage while in storage. The coverage may need to be expanded; many storage facilities sell additional insurance coverage. If renting an RV, find out whether it's covered on existing auto insurance or, if not, buy additional insurance from the rental company for about $15-$75 a day.
Discounts:
  • Many RV insurance companies offer discounts on multiple polices (more than one kind of insurance), multiple vehicles, non-smokers, anti-theft devices or other factors.
Shopping for rv insurance:
  • Some insurance companies, like Geico[6] , GMAC[7] and Progressive[8] provide online quotes, and there are online quote services, like RV America Insurance[9] , which compare RV insurance quotes from several companies. It's also possible to get RV insurance through membership organization like Good Sam Club[10] .
  • RVLifestyleExperts.com compares insurance quotes[11] .
post E-mail post Post  
CostHelper News


3 Ways to Have the Government Pay You Back for Your Energy Efficient Upgrades
Any renovations or upgrades made to your home this year that included energy-efficient appliances could be eligible for some federal energy tax credits. But it's not just appliances. || Posted December 9 2013


7 Lesser-Known Discounts for the 50+ Crowd
As they age, members of the Baby Boomer generation don't like to admit that they're senior citizens, but they love getting discounts. It's kind of a quandary, because some of the best deals available are reduced prices for older folks. || Posted October 21 2013

‣ All CostHelper Blog Posts


What People Are Paying - Recent Comments


 

Comment On Your Experience With RV Insurance
 
Subject:  *
Amount Spent:  *
Insurance Carrier: Coverage: 
Comments: 
Purchased:  Year: 
City:  * State:  *
 
Information about you:
Email:  * Email addresses are not displayed.
Name:  This is the name we'll display with your post.
me on this computer
*=required field.
 



External Resources:
  1.  www.rversonline.org/ArtNewUsedRV.html
  2.  answers.yahoo.com/question/index?qid=20090113110829AAbUQ7I
  3.  forums.woodalls.com/index.cfm/fuseaction/thread/tid/23770457/page/1.cfm
  4.  insurance.hirby.com/how-much-does-full-time-rv-insurance-cost-per-year/
  5.  www.rv-dreams.com/rv-insurance.html
  6.  www.geico.com/getaquote/rv/
  7.  www.rvinsurance.com/
  8.  www.progressive.com/rv/
  9.  rvainsurance.com/
  10.  www.goodsamrvinsurance.com/
  11.  www.rvlifestyleexperts.com/pdfs/Insurance_comparison_chart.pdf
More Personal Finance Topics
Check Out All Costs for Personal Finance How Much Do Funeral Flowers Cost? How Much Do Tax Returns Cost? How Much Does Closing a Home Cost?

Search Thousands of Topics on CostHelper.com



Today's Featured Cost Articles

About CostHelper
CostHelper is based in Silicon Valley and provides consumers with unbiased price information about thousands of goods and services. Our writers are experienced journalists who adhere to our strict editorial ethics policy.

CostHelper Community
COST OF EXAM, EUTHANASIA & GROUP CREMATION
Paid: 160.00
Exam $48, Euthanasia of our Cat Grasshopper $84, Aftercare group cremation $28, total of $160. Location Southern California / San Diego County on 8/28/2014. Tried to take her to our Vet of 15 years and they could not see her for a week... [more]
-Crisy
Pet Euthanasia Cost
Yearly trust payment
Paid: 12000.00
I pay about $12,000 a year to my trustee's New Mexico office, However I've often wondered if I was being excessively charged... [more]
-paying more then earning
Trust Cost
ER w/belly ache
Paid: 9988.00
Went in & 2 other cases came in later but had 2 be served 1st. Gave me a pain killer & never saw a doctor. Each thing they did was hurry up & wait... [more]
-charles pace
Emergency Room Visit Cost
Bone graft injection
Paid: 7700.00
The dentist said I needed 7cc's of bone @ $1100 per cc. Is this a reasonable amount? This was to secure an implant the was infected... [more]
-Gala Dali
Dental Bone Graft Cost
wheel balance (front tires)
Paid: 38.00
They busted 1 of my wheel studs, didn't tell me, and replaced it with a really crappy looking lugnut. Oh, and the ride quality is worse. I paid them to do this... [more]
-Hue Janus
Wheel Balancing Cost
Deep cleaning and extractions
Paid: 90.00
When we got our 4-year baby from someone she had horrible breath and our vet recommended a deep cleaning for $175. I checked around and the SOHFGA did the same procedure for $80. So I had them do it at the same time we had her spayed... [more]
-Cocoa's Mom - Phyllis Rios
Dog Teeth Cleaning Cost