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How Much Does Recreational Vehicle (RV) Insurance Cost?

For many Americans, the word “vacation” is synonymous with “road trip.” For those who own recreational vehicles, the ability to take their lodging with them can open up endless possibilities. 

It’s no wonder, then, that so many people enjoy traveling in an RV. Protecting your investment in an RV is important, and purchasing insurance can help with this. However, the cost of insurance can differ significantly between states. 

The price you are quoted may vary due to many factors and state or local regulations that affect premiums. Continue reading to learn everything that you need to know about the cost of RV insurance. You can also contact the team at Guaranteed Rate Insurance to get a quote today! 

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What Factors Go into RV Insurance Cost?

Similar to car insurance, RV insurance has many variables that determine your premium. One of the most important, of course, is your driving record. Other factors can include where you live, your claims record, and in some states, your marital status. 

Size and Cost of Your Recreational Vehicle (RV)

Recreational vehicles are divided into different classifications. These classifications depend on features and size. Here are just three of the many types: 

  • Class A: Large and well-equipped, these RVs look a bit like buses, with a large living space and luxurious finishes. They are usually the most expensive RVs. 
  • Class B: Sometimes described as camper vans, these may be the smallest of the three classes. For those concerned about parking space availability, Class B RVs may fit the bill. They are sometimes the least expensive motorhomes. They can be easier to drive and cost less to insure. 
  • Class C: Class C RVs represent a middle ground. Class B camper-style RVs may offer more living space than Class A RVs. However, they may not be as large. This style typically has a separate cab for the driver and passenger and a sleeping compartment above the driving cab. 

Age of the Recreational Vehicle (RV)

As with a car, a new RV may cost more to insure than a used model. Factors such as the condition of the vehicle and its cost may impact RV insurance quotes. As a result, a well-maintained, but older RV may have very reasonable premiums. 

Frequency of Use

If you own an RV for weekend trips, camping, and the occasional long adventure, you will pay a different rate than someone who has decided to travel the country and live in an RV full-time. These distinctions are the difference between a recreational RV policy and a full-time RV policy. 

A full-time policy can be more expensive because if you live in your motorhome all year, you will travel more. More travel can lead to higher insurance costs. With a full-time policy, you can add coverage similar to homeowner’s insurance because the RV is your home. 

Is There a Difference Between RV Insurance and Travel Trailer Insurance?

Yes. An RV is different from a towable trailer. They each require separate types of insurance coverage because an RV has its own motor, while a trailer does not. 

Depending on the state, you may not even need to purchase insurance for your trailer. However, you should consider whether or not you are leaving the state with that trailer, another state may not require it to be insured, but it’s a good idea to do so. Of course, if you have financed the purchase of the trailer, your lender may require some level of insurance coverage. 

How Can I Save Money on RV Insurance?

There are several ways that you may be able to save money on RV insurance.* Here are a few examples. 

Consider Increasing Your Deductible 

The higher your deductible is, the greater your responsibility will be if you ever need to make a claim. Insurers charge lower premiums when you pay more for claims yourself. 

When setting your deductible, it’s important to make sure it’s an amount that you can cover out of pocket.

Let’s say you select a $4,000 deductible. If you have an accident that costs $5,000 to repair, you’ll need to decide if it’s worth it to file a claim. Minus your deductible, you’ll only be receiving $1,000 from your insurance company. 

Consider Bundling Your Policies 

If you have other insurance policies, you may be able to get a discount by bundling insurance coverage

Bundling is a simple way for people to buy all their insurance policies from one company. This means the insurer will receive premiums from you on multiple types of insurance. It also saves time and is more efficient for both you and the insurance company. 

Take a Safe Driver Course  

Contact your agent to inquire about potential savings on insurance by taking a safe driver course. Keep in mind that the amount of savings may vary depending on the insurance company. 

If you’re planning to buy an RV, check if it has any safety features that might impact your insurance cost. Some safety features like rear-facing cameras or anti-theft devices could save you money on your insurance. 

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How Can I Get a Quote for RV Insurance Today?

Recreational Vehicle insurance costs will vary widely from one state to the next, similar to car insurance. Different types of RVs can affect your insurance cost, including the size and style of the RV you choose. 

One of the biggest factors is whether you’ll be using the RV for trips or living in it full-time. Full-time residents can expect to pay more for RV insurance than those who use their RV for travel. Connect with an agent today to compare RV insurance quotes and see how much you could save.


* Savings, if any, vary based on consumer’s profile and other factors. Contact your insurance agent for more information. Restrictions apply.  

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