Camper Insurance Costs: What You Need To Know

The cost of insuring a camper or RV varies depending on several factors, including the type of vehicle, how it is used, and the level of coverage. On average, RV insurance can cost between $600 and $3,000 per year, with some sources giving a figure of around $1,500 per year. The type of RV being insured is a significant factor, with larger and more luxurious models generally costing more to insure. For example, the average insurance premium for a gas-powered Class A motorhome is around $1,000-$1,300 per year, while a Class B camper van can be covered under a standard auto insurance policy. Other factors that can influence the cost of RV insurance include the age and value of the vehicle, the driver's experience and driving record, and the state in which the RV is registered.

Camper insurance costs on average $1,500 per year, but can vary from $600 to $3,000

The largest type of RV, the class A motorhome, is usually the most expensive to insure. This is because it is the largest and most luxurious type of RV, and it requires RV liability coverage. The cost of insuring a class A motorhome can range from $1,000 to $1,300 per year, depending on usage.

Class B motorhomes, also known as camper vans, can often be covered under a standard auto insurance policy. However, because they have more features than a standard vehicle, the cost of insuring them can vary. Class B RV insurance typically costs between $300 and $1,000 per year.

Class C motorhomes are smaller than Class A but larger than Class B. They usually feature a sleeping compartment over the cab. The cost of insuring a Class C motorhome is generally between $800 and $1,000 per year.

Travel trailers are not technically motorhomes, but many people who are interested in motorhomes are also interested in travel trailers. Travel trailers are generally cheaper to insure than motorhomes, with premiums ranging from $200 to over $1,000 per year.

When insuring your camper, you will also need to consider the different types of coverage available. A standard RV insurance policy will include collision, comprehensive, uninsured and underinsured motorist, and liability coverage. You may also want to add additional coverages such as total loss replacement, replacement cost for personal effects, emergency expenses, vacation liability, and full-timer's liability.

The cost of RV insurance can also be affected by your driving history, age, location, and the insurance company you choose. To get the best rate, be sure to shop around and compare quotes from multiple companies.

The cost of insuring a camper depends on the type of vehicle, with motorhomes being more expensive than travel trailers

The cost of insuring a camper depends on the type of vehicle, with motorhomes being more expensive to insure than travel trailers. Motorhomes are driven and therefore require RV liability coverage, whereas travel trailers are pulled by another vehicle and do not.

Motorhomes are also generally more expensive to replace than most trailers, pop-up campers, truck campers, and fifth-wheel trailers. The largest type of RV, the class A motorhome, typically costs more for insurance than the smaller class C motorhome and class B camper van.

The average premium for a 12-month RV insurance policy in 2023 was $586 for a travel trailer and $998 for a motorhome. The cost of RV insurance can range from $600 to $3,000 per year, with an average of $1,500 per year, or about $125 per month.

The cost of insuring a camper depends on various factors, including the type, age, and condition of the vehicle, as well as personal details such as driving record and location. If the RV is used as a permanent residence, additional coverages may be needed, such as personal liability, medical payments, and loss assessment coverage. The frequency of RV use can also impact the cost of insurance, with some insurers charging higher premiums for more frequent use.

In addition to the base cost of insuring a camper, there are also optional coverages that can be added to the policy, such as roadside assistance, vacation liability, and total loss replacement, which will increase the overall cost of the insurance policy.

Camper insurance is generally cheaper than car insurance

The cost of camper insurance typically ranges from $600 to $3,000 per year, with the average premium for a 12-month policy at Progressive for 2023 being $586 for a travel trailer and $998 for a motorhome. The type of camper plays a significant role in determining the insurance cost, with motorhomes generally being more expensive to insure than travel trailers. The largest type of RV, the Class A motorhome, tends to have higher insurance rates than smaller options like Class B camper vans and Class C motorhomes.

Personal factors, such as driving experience and history, also influence camper insurance rates. A clean driving record and more RV driving experience can result in lower insurance costs. Additionally, factors like age, location, and credit score can impact the cost of camper insurance.

Compared to car insurance, camper insurance offers more specialized coverage options, blending elements from vehicle and homeowner's insurance policies. It is important to note that camper insurance is a legal requirement in almost every state, and it is essential to have adequate coverage to protect yourself financially in case of accidents, theft, or damage.

Camper insurance costs vary by state, with Maine, New Hampshire and Ohio having the cheapest rates

Camper insurance costs vary by state, with Maine, New Hampshire, and Ohio having the cheapest rates. The cost of insuring a camper or RV ranges from $300 to $3,000 per year, with an average of $1,500 per year. The cost depends on various factors, including the type of RV, its age, location, and the level of coverage.

Insurance Costs by State

RV insurance costs vary significantly by state, with Maine, New Hampshire, and Ohio typically offering the cheapest rates. Michigan, on the other hand, is known for having the most expensive RV insurance due to its requirement for personal injury protection coverage. Washington, D.C., also has high insurance costs, averaging $2,610 annually. Texas and Oregon have relatively lower insurance costs, with Texas residents paying less than $1,500 per year and Oregon residents paying just under $1,100.

Factors Affecting Insurance Costs

Several factors influence the cost of RV insurance, including the class and specifications of the RV, driving experience and records, and the type of insurance coverage.

Class and Specifications

The class of an RV greatly impacts insurance rates. Class A motorhomes, being the largest and most luxurious, are the most expensive to insure, with annual coverage averaging $1,150. Class B and Class C RVs are smaller and less expensive, with average coverage costs of $1,000 and $900, respectively. Additionally, the model, age, and condition of the RV, as well as annual mileage, influence insurance rates, with more expensive and newer RVs often costing more to insure.

Driving Experience and Records

Insurance companies consider the driver's experience and driving records when calculating RV insurance costs. More experienced RV drivers typically pay lower premiums. A clean driving record, free of accidents and violations, can also result in lower insurance rates.

Type of Coverage

The type and level of RV insurance coverage significantly impact the cost. Full-time RV insurance, which combines homeowner's and auto insurance, is more expensive than part-time coverage. Additionally, choosing a higher deductible usually leads to lower insurance premiums.

Ways to Save on Insurance Costs

There are several ways to reduce RV insurance costs, including taking advantage of discounts, bundling policies, and increasing deductibles.

Discounts

Various discounts are available for RV insurance, such as good driver discounts for those with clean driving records, military or professional discounts, and homeowner discounts. Paying the premium in full upfront can also result in cost savings.

Bundling Policies

Bundling RV insurance with other policies, such as auto or homeowner's insurance, from the same insurer can often lead to lower rates.

Deductibles

Increasing the deductible, the amount paid out of pocket before insurance coverage kicks in, is a way to lower insurance premiums. However, it's important to choose a deductible that one is comfortable paying in the event of a claim.

You can save money on camper insurance by bundling policies, taking safety courses, and having a clean driving record

The cost of camper insurance can vary depending on several factors, including the type, age, and condition of your camper, as well as your personal details such as your driving record and location. To save money on camper insurance, consider the following:

Bundling Policies

Bundling your camper insurance with other types of insurance, such as home, auto, renters, or life insurance, can often result in significant savings. Many insurance companies offer multi-policy or multiple-line discounts, and the more policies you bundle, the more you can save. Additionally, sticking with one insurance provider can simplify your record-keeping and bill payments. However, it's important to compare quotes from different insurers, as bundling doesn't always guarantee savings.

Taking Safety Courses

Taking a defensive driving or insurance discount course can help lower your insurance rates. These courses can provide you with the skills and knowledge to become a safer driver, which insurers reward with lower premiums. Some states even require auto insurance agencies to provide discounts to individuals who complete these courses. Online courses offer a convenient and flexible option for those who want to improve their driving skills and save on insurance.

Maintaining a Clean Driving Record

Having a clean driving record can significantly impact your insurance rates. A clean record demonstrates responsible driving behaviour and reduces the risk of claims, which insurers favour with lower premiums. Conversely, a record with violations, accidents, or frequent claims can result in higher insurance costs. If your driving record is less than perfect, you can take steps to improve it by driving responsibly, contesting citations, or seeking expungement for minor traffic violations.

By combining these strategies of bundling policies, taking safety courses, and maintaining a clean driving record, you can effectively reduce the cost of camper insurance and make it more affordable.

Frequently asked questions