What is the Difference between RV Insurance and Auto Insurance?

Tuesday, June 3, 2014

RV InsuranceStandard auto insurance policies are all relatively similar, because the vehicles they cover are relatively similar. RVs come in a wide variety of different types, so the policies are more flexible to accommodate the specific needs of the RV owner.


  • RV insurance extends contents insurance far beyond that provided by auto insurance policies. Auto insurance policies do cover the items that are in your vehicle, but the owners of trailers and motor homes carry substantially more of their belongings on the road. They need something akin to the contents insurance provided by home insurance policies.

  • Specialised RV insurance policies are less sensitive to depreciation than standard auto policies. There are policies available that replace stolen or ruined RVs with brand-new models, or alternatively pay out the value of the RV at the time of the policy purchase.

  • Comprehensive RV policies pay out a specified amount for car rental, hotel accommodation and meals in event of an accident on holiday. This gives families the chance to have their RV fixed before continuing with their vacation.

  • Many RV policies include campsite or vacation liability coverage, which is similar to the third-party liability coverage offered by home insurers. It compensates third-parties who are injured in and around your RV, it pays for the necessary repairs if you accidentally damage a campsite and it even covers you if your dog bites someone. If you live in your RV for many months a year, ask your RV insurer if it offers fulltime home liability insurance on the RV.

  • With the exception of coverage against fire and theft, RV insurance can be suspended during the period when your RV is in storage. The premium and coverage are normally lowered for six months a year.

Like auto insurance, insurance on some RVs is mandatory, so make sure you are covered before you venture out on your holiday.