How much is RV insurance in Florida and what does it cover?

Are you considering purchasing an RV and wondering how much the insurance costs? RVs, whether you get a mobile home or a travel trailer, are great ways to see the sights while on vacation and not have to worry about booking hotel rooms or the cleanliness of the room. However, part of the cost of owning a trailer as well as protecting your investment involves purchasing insurance.

RV Insurance in Florida and What It Covers

RV insurance can be purchased to cover motorhomes, 5th wheels, travel, truck, teardrop and popup campers, motorhomes, toy haulers, truck conversions, park models, hybrid trailers, and other RV types.

Standard RV Coverages

  • Bodily Injury – Covers the other vehicle’s medical expenses if someone is injured in an accident where you were determined to be at fault.
  • Collision – Pays for the repairs to your vehicle whether or not you were determined to be the at-fault driver.
  • Comprehensive – Pays for damage to your RV that was not the result of an accident. Typically includes fire, theft, vandalism, and falling objects.
  • Medical Payments – Pays for any medical care that you or your passengers need after an accident, regardless of fault.
  • Property Damage – Covers damage to the other person’s vehicle or property if you are in an accident and determined to be the at-fault driver.
  • Underinsured – Helps cover the gap if you are involved in an accident with a driver who does not have enough insurance.
  • Uninsured – Helps pay for the damage to your vehicle and any injuries to yourself or your passengers if the other driver does not have insurance.

Optional or Add-On RV Coverages

  • Contents Coverage – Covers your personal items that are stored inside the RV in the event that it becomes damaged due to a covered event.
  • Emergency Expenses – Covers expenses related to emergency situations where you cannot use your RV and are away from your primary residence. Typically covers hotel stays, meals, and transportation.
  • Roadside Assistance – Covers towing, tire changes, and jumpstarts. May also pay for trip interruption expenses if you are a certain distance away from your primary home.
  • Safety Glass – If your windshield becomes damaged via a falling or flying rock or object, this coverage pays to replace the windshield.
  • Towing and Labor – Specifically covers towing and labor expenses if you break down on the road. May also cover hotel stays, rental cars, and meals while your RV is in the shop for repairs.
  • Vacation Liability – Vacation liability is also sometimes referred to as campsite liability coverage. This insurance helps protect you if your RV is parked and in use at a campsite and someone gets injured inside your RV or on your specific campsite.

Are You Making a Switch to Live in Your RV Full-Time?

For many retirees and those who are self-employed and can work from anywhere, full-time RV life is an option. If you are thinking about switching from regular housing to RV living, you may need certain coverages in order to protect your investment and new home on wheels.

  • Personal Liability – Helps pay for any injuries and/or personal property damage that occurs on your campsite or in your trailer due to an accident on the premises where you are determined to be the responsible party.
  • Medical Payments – Helps pay the medical bills for anyone who visits your trailer or site and happens to get injured.
  • Loss Coverage – Covers fees charged to the RV owner for property damage to the site or camping facility.

The Average Cost of Recreational Vehicle Insurance

The cost of your recreational vehicle insurance policy is determined by many factors, including how much you use your RV, whether or not you live in it full time, RV Class, and your deductible. The natural average for RV insurance ranged between $502 and $848 per year or $41.83 to $70.67 per month.

Average Insurance Costs According to RV Class

  • Class A – $1,000 to $1,300 per year
  • Class B – Due to the varieties, sizes, and frequency of use, these typically need a custom quote as rates can vary greatly
  • Class C – $800 – $1.000 per year
  • 5th Wheels – $200 to $1,000 per year

How to Make RV Insurance More Affordable

To help make your RV insurance more affordable, you can raise your deductibles. It’s also important to make sure you’re getting all the discounts you deserve, including multi-line or multi-policy, responsible or safe driver, and being claim-free.

Getting RV Insurance at Fearnow, Serving Florida

If you need RV insurance for your new or new-to-you motorhome, 5th wheel, or toy hauler, give us a call today at 813-689-8878. We can help find the right coverage in the right amounts so that you can enjoy your RV and take in the sights during your next vacation.