Owning an RV is a ticket to freedom on the open road, but insuring it requires more than just basic auto coverage. Your RV isn’t just a vehicle—it’s also your home on wheels, and that means it needs unique insurance to match its dual role.
The Basics: Why RV-Specific Insurance Matters
Every province mandates liability coverage for all motor vehicles, including RVs. However, minimum liability coverage may not be enough. RV insurance blends elements of both auto and homeowner policies, offering protection for both the vehicle and the personal belongings inside.
Your coverage needs will vary based on factors like the type of RV, its use, and whether you own it outright. Even if additional insurance isn’t legally required, having the right policy can save you significant financial stress in case of accidents or damages.
RV Classes and Insurance Requirements
Not all RVs are created equal. Insurance requirements often depend on the class of RV you own:
- Class A:
- Large luxury motorhomes, including converted buses, up to 75 feet long.
- Typically include living areas, bathrooms, and sometimes expandable slide-outs.
- Require specific RV insurance.
- Class B:
- Compact camper vans and pop-up vans.
- May include small kitchens, water heaters, portable toilets, and internal showers.
- Also require dedicated RV insurance.
- Class C:
- Towable RVs, such as fifth-wheel trailers and pop-up campers.
- Insurance may not be mandated if owned outright, but coverage is strongly recommended.
If you’re financing your RV or renting it, insurance beyond basic liability is essential, regardless of class.
Coverage Options
In addition to liability insurance, consider these coverage types for comprehensive protection:
- Uninsured/Underinsured Motorist: Covers medical expenses and property damage when the at-fault driver has insufficient or no insurance.
- Collision: Pays for damage to your RV from collisions with vehicles or objects.
- Comprehensive: Protects against non-collision events such as theft, vandalism, and natural disasters.
- Contents Coverage: Insures personal belongings inside your RV.
- Towing and Roadside Assistance: Particularly useful for large or specialized RVs, ensuring access to expert service providers.
- Emergency Expenses: Covers temporary lodging and transportation if your RV becomes unusable.
- Total Loss Replacement: Reimburses the full replacement value of your RV (often within the first five years of ownership) in case of total loss.
- Campsite and Vacation Liability: Provides coverage for injuries or property damage that occur near your parked RV.
Factors Impacting Your Premium
Several factors influence your RV insurance premiums. Be sure to discuss these with your insurance broker:
- Annual kilometres driven.
- Seasonal vs. full-time RV use.
- Custom features requiring additional protection.
- Regions traveled.
- Storage location when not in use.
- Previous claims or speeding violations.
- Personal RV driving experience.
- Potential discounts for bundling multiple policies.
Protect Your Adventures
While insurance premiums may not be the most exciting part of RV ownership, they’re an essential investment in your peace of mind. The right policy can shield you from unexpected financial burdens and let you focus on enjoying your travels.
Take the time to evaluate your RV insurance needs today. With the right coverage, you’ll be ready to tackle every twist and turn of your journey with confidence and ease.