With literally hundreds of RV parks and campgrounds, coupled with year-round weather forecasts that call for sunny skies and warm temperatures, Florida is the RV enthusiast's paradise. As the popularity of RV ownership increases, however, so too do the number of accidents and incidents that only an RV insurance policy can protect you from. Before you search for RV insurance quotes, there are several factors to consider.
RV Facts and Figures
These are some facts and figures according to census data and market research:
- A recent survey found that for a family of four, traveling by RV on vacation could save 23 to 59 percent on their vacation costs.
- Nearly 9 million families own an RV or motorhome.
- RV owners, on average, put about 4,500 miles on their RVs each year.
- RV ownership has increased almost 60 percent since 1980.
- RV owners spend an average of 28 to 35 days per year using their RVs.
Why Is RV Insurance Important?
While there is an RV for every taste and budget, even modest motorhomes aren't cheap. Prices for new RVs are typically $5,000 to $22,000 for folding camping trailers; $6,000 to $55,000 for truck campers; $8,000 to $95,000 for conventional travel trailers; $43,000 to $200,000 for Type C motorhomes; and $60,000 to $500,000 for Type A motorhomes.
Although a well built class A motorhome is a pleasure to drive on straight roads, some people find longer motorhomes more difficult to back up and turn in close places. The width of the driving compartment gives many RVers problems judging right side clearance, which can cause accidents. Class A motorhomes have more structural problems than other types of RVs, and the cockpit offers little protection to driver and passenger in a collision.
A single accident can cost thousands of dollars in repairs. Additionally, since people use their RVs in more ways than simply driving to their next vacation destination, motorhome insurance is important to protect you, the owner, from all sorts of situations that could end up costing you significantly.
RV Insurance Requirements in Florida
If you drive your RV, rather than tow it behind your vehicle, Florida state law requires you to carry insurance on it. These are the minimum liability insurance requirements:
- $10,000 in bodily injury liability per accident for one person
- $20,000 in bodily injury liability per accident for all persons
- $10,000 in property damage liability per accident
It is important to remember, however, that FL has some of the lowest minimum liability standards of any state. You may find it necessary to carry additional coverage over the state's minimum requirements, especially considering how costly RV accidents can be for those involved.
Finding Motorhome Insurance for Your Particular RV
Chances are, if you were able to register your RV, motorhome or camper with Florida's Department of Motor Vehicles, insurance companies have a policy that meets your needs. You should be able to find a motorhome insurance policy for any of the following types of common recreational vehicles:
- Class A, B and C motorhomes
- Travel trailers
- Fifth wheels
- Toy haulers
- Bus conversion vehicles
- Truck campers
- Pop-up trailers
- Sport utility RVs
It's important to speak with a qualified agent who can help you determine the best insurance coverage options for your specific RV.
What Does RV Insurance Cover?
Most Florida insurance providers will give you several options from which to choose as you build your RV insurance policy, including the following:
- Liability coverage: This can help pay for injuries or property damage you may cause another person while operating your RV. It can also help pay for legal fees and court costs should someone sue you as a result of an injury or property damage.
- Collision coverage: This can help pay for repairs to your RV if it sustains damage as a result of an accident, regardless of who is at fault.
- Comprehensive coverage: This can help pay for repairs to or replacement of your RV if it sustains damage or total destruction by fire, severe weather, theft, vandalism or any other covered event.
- Campsite and vacation coverage: This can help you pay for costs associated with damage or injuries caused while you have your RV parked at a resort or park.
- Full-timer coverage: This policy option is for those who live in their RVs year round. It operates more like homeowners insurance rather than vehicle insurance and is a must-have for the full-time road warrior.
Are RV Insurance Quotes Reasonable?
It is difficult to estimate average RV insurance quotes because recreational vehicles come in a wide variety of prices, sizes and uses. Most Florida insurance companies take several factors into consideration when they calculate your RV insurance quotes, including the following:
- Your RV: Class A RVs will see the highest quotes, followed by Class C, while Class B vehicle quotes are generally the lowest.
- How you use it: Full-timer insurance premium quotes will be significantly higher than quotes for those who use their RVs only a few times a year.
- Your driving history: Someone with a record of accidents or past claims will get higher quotes than someone with a clean driving history will get.
- The limits you set on your policy: Quotes for a basic liability-only insurance policy will be lower than quotes with campsite coverage. Additionally, the deductible you choose will also affect your quotes. While a higher deductible may yield lower quotes, it is important to choose a deductible you could comfortably afford to pay should you need to file a claim.
It's always a good idea to shop around and compare several quotes from a variety of Florida insurance companies to be sure you are buying a policy with the lowest cost.
Where To Find RV Insurance
Finding the right RV insurance policy can mean the difference between canceling your next family vacation and recovering quickly following an accident. Knowledgeable, independent insurance agents in the Trusted Choice® network are always available to answer your questions, suggest coverage options ideal for your RV and even assist you in filing a claim.
Contact a Trusted Choice agent near you to find out how you can obtain the perfect RV insurance policy that meets your needs and budget.