When it comes to traveling the country, there’s no better way to do it than in an RV. No matter what kind of motorhome you have, it’s a rewarding experience to be able to pick up, drive to a new location, and settle down for a few days. You get all of the comforts of home while still having the flexibility of being on the road. However, because anything can happen on your journey, insurance is a must. At Findinsurance.com, we want to help you figure out RV insurance average cost, as well as connect you with the best RV insurance companies. We make it easy to find the right policy to cover your home away from home.
Do I Need RV Insurance?
Many new motorhome owners mistakenly believe that they don’t have to buy a separate insurance policy for their RV. After all, they just need either auto or home coverage, and they’re protected, right?
The fact is that you need a plan that’s specific to your mobile home. Unlike regular auto insurance, you have personal belongings and more complex systems in your RV (i.e., a working toilet and shower). Even if you have a comprehensive homeowner’s policy, it doesn’t cover items that are off-premises.
Fortunately, we can put you in touch with motorhome insurance companies that will help guide you through this process. Let’s break down the various elements to consider when finding the right coverage so that you can understand the RV insurance average cost.
Type of RV
First and foremost, you have to make sure your plan will cover the model of RV that you have. Some people prefer to tow an RV behind their truck, while others want a model that comes with a cab and an engine. Here’s a brief overview of the various RV options that can be covered:
- Class A – Largest, most luxurious type of RV
- Class B – Smallest and most economical
- Class C – Medium-sized models, usually with living space above the cab
- Pop Up Trailer – Smallest towable RV option
- Fifth-Wheel Trailer – Largest and most comprehensive model with living space over the tow hitch
- Conventional Trailer – Medium-sized option that can sleep anywhere from two to five.
Whether you spend your vacations in your RV or you’re living in it while you travel the country, it’s imperative that you find the perfect policy to fit your needs. While you can find more detailed information about insurance coverage on our Find Insurance FAQs page, here’s a brief overview:
Total Loss Coverage
As with all vehicles, your RV will begin to depreciate as soon as you drive it off the lot. This type of policy will replace your motorhome with a brand-new model, even if that is worth more than your current model. Most RV insurance companies will have a limitation on how many years you can have the RV (i.e., five or less) to get that kind of coverage. However, if you replace your RV past that time, you can still get the amount you paid for it, not what it’s currently worth.
Chances are that you have some kind of roadside assistance plan for your car, so it makes sense to have one for your RV as well. However, many third-party options won’t cover motorhomes, which means that you have to include them with your RV insurance policy instead.
If you’re living in your RV, then you want a plan similar to that of a standard homeowner’s policy. Motorhome insurance companies will usually offer this type of protection so that you’re covered when you’re parked and while you’re on the road.
Get an RV Insurance Quote
At Findinsurance.com, we make it easy to find the RV insurance average cost, as well as connect you with the best RV insurance companies. Request a quote today and start traveling with peace of mind.