What Factors Can Affect the Cost of RV Insurance Premiums?

Owning a recreational vehicle (RV) can be exciting, whether you’re using it for vacations or as a home. However, like any vehicle, RVs can also be involved in accidents or incidents leading to unexpected expenses, making insurance essential.

RV insurance is customizable depending on your needs. Coverages typically include bodily injury and property damage liability, collision coverage, comprehensive coverage, uninsured/underinsured motorist coverage and personal property coverage. Some RV insurance policies may also offer coverage for towing and roadside assistance and even temporary living expenses if your RV is damaged or destroyed. If you plan on living in your RV for an extended period, your agent may suggest full-time coverage or other protections.

How Much Does RV Insurance Cost?

As with most insurance policies, RV insurance premiums vary based on the insured and the insurer. The following are a few of the factors an insurance provider may consider when determining the cost of an RV insurance premium:

• RV class/size (i.e., Class A, Class B or Class C)
• Make and model
• Mileage
• Condition
• Age
• Special features
• Your RV driving experience
• Your driving record
• How you plan to use the RV
• Your claims history

RV Insurance Discounts

Some RV insurance providers may offer the following discounts:

• Good driver—You may qualify for a discount if you have a clean driving record without traffic violations or accidents.
• Military or professional—Service members, veterans, health care workers, government employees or teachers may receive a discount.
• Bundling—Many insurance providers offer a discount if you purchase more than one type of insurance.
• Storage—Your insurance provider may offer the option to reduce your insurance coverage during the off-season when the RV isn’t being used, which can help lower overall premium costs.
• Safety features—Installing anti-theft devices and airbags may reduce the cost of coverage.
• Paid-in-full—Most insurance providers will offer a discount for paying your annual premium in full instead of separating it into monthly payments.

You may also be able to lower your RV insurance premium by increasing your deductible, reducing coverage on older RVs and taking a defensive driving course. Discuss your discount options with your insurance provider to learn about their offerings.

RV Insurance Quote in Savannah, GA

These are just a few of the factors insurers may use to determine the cost of RV insurance. To get an accurate quote, contact The Bush Agency. Our team is committed to helping you find the right coverage for your situation.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.