RV Insurance Requirements

Recreational vehicles (RVs) can provide you with an exciting and liberating way to explore the world and enjoy adventures. However, like all motor vehicles, RVs also come with various risks and exposures while representing significant financial investments. Given these stakes and the potential perils you may need to navigate amid your journeys, understanding RV insurance,with a particular emphasis on applicable requirements, should be considered a top priority.

What Are the Requirements and Regulations for RV Insurance?

Recreational Vehicles Insurance requirements may vary based on your current location and where you plan to travel. All states require RV owners and operators to adhere to legal requirements regarding bodily injury and property damage liability coverage. Furthermore, some jurisdictions may have additional legal requirements, such as for medical payments coverage or uninsured and underinsured motorist coverage.

Still, not all RVs are treated the same by the law. As such, legal conditions may vary depending on the details of your vehicle. RVs and their respective requirements may generally classified as the following:

• Class A—These are typically larger motorhomes and are subject to states’ insurance requirements, such as minimum liability coverage.
• Class B—These RVs may include smaller campers and are generally required to adhere to various coverage requirements.
• Class C—This vehicle class often refers to mid-sized motorhomes and campers and is therefore also beholden to relevant laws.
• Fifth-wheel—Because these trailers are typically towed by another vehicle rather than driven themselves, liability insurance requirements may sometimes be fulfilled by coverage for the towing vehicle, although other coverages, such as for physical damage, should still be purchased separately.

What Factors Influence the Cost of Recreational vehicles Insurance?

As with many types of insurance, the cost of adequate coverage for your RV may vary significantly depending on your unique circumstances. When assessing your needs and quoting you with an accurate price point, insurance companies typically consider the following criteria:

• Vehicle details (e.g., type, make, age and condition)
• Location
• Usage habits (e.g., annual mileage and residency status)
• Driving records
• Claims history
• Policy details (e.g., coverage limits, deductibles)

How Do RV Insurance Rates Vary By Class?

How the type of RV you own affects your overall insurance costs may vary among different insurance providers. However, as a general rule, larger motorhomes, such as those categorized as Class A, may incur higher rates than smaller Class B or C models and fifth-wheel trailers. Typically, the higher an RV’s value and risk levels, the more you should expect to pay for insurance.

Get the Right Coverage

With a history of service dating back to 1988, the dedicated team at D. Ward Insurance is well-equipped to help RV owners and their families acquire and maintain optimal coverage. We will work with you to assess your circumstances, explore your options and assemble a policy capable of securing your finances and future. Contact us today to get started.

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.