RV & Motorhome Insurance 101

Whether your home sits on wheels or a fixed foundation, Prosper Insurance is here to help you have peace of mind that you’re properly protected.

Prosper’s team of insurance experts understands just how much you love your recreational vehicle, which is why we’ll do the research for you and compare 30+ insurance company partners to find you the best rate and option for you.

Speak to an agent at (757) 248-5973 or click here to start your quote immediately. Remember to select “Homeowners Insurance” when requesting an RV & Motorhome insurance quote.

Now, let’s help you better understand RV & Motorhome Insurance!

What is the difference between mobile home & RV insurance?

Despite the name, mobile/manufactured homes are generally intended to stay fixed at one primary location with connections to permanent utilities. They are technically moveable but there’s a lot of state/county red tape around the moving process and moving the home may affect its eligibility for a mortgage.

An RV, on the other hand, is designed specifically for travel and road use.

The primary insurance difference between the two is that a mobile/manufactured home policy will be built very similarly to a homeowner’s policy, while an RV policy will be built very similarly to an auto policy.

Insurance companies will generally define an RV as either a motor home or travel trailer/camper.

Motor Home: A living space fixed directly to the chassis of the vehicle, these are categorized in classes A-C.

Travel Trailer/Camper: A non-motorized portable unit towed behind a personal vehicle.

What is a mobile home?

1. They are built in warehouses instead of a property
2. They are on a moveable chassis instead of a slab, crawlspace, or basement.

What kind of insurance do you need on an RV?

Motorhomes: Insured very similarly to a regular auto policy. The policy will generally include liability coverage to protect the owner from medical expenses, lost income, etc. In the event of an accident, comprehensive/collision coverage will be provided for physical damage to the RV.

Travel Trailers/Campers: The liability coverage typically extends from the vehicle towing the trailer, so a policy will most commonly only include comprehensive and collision coverage.

Both RV type insurance may also include coverage for roadside assistance, personal effects, emergency expenses, and can be endorsed with additional liability coverage for operators who use the RV as their primary residence.

What factors influence RV insurance rates?

Two of the most immediate insurance premium factors are:

1. RV’s market value
2. The owner’s driving history

The owner’s driving history is not as important for travel trailers as it is for motorhomes. Generally speaking, rates will be slightly higher if the owner has had any tickets or violations in the last 3-5 years.

What does mobile home insurance cover?

Mobile Home insurance (technically “Manufactured Home” is the correct term for units built after the mid-70s.) insures a prefabricated residential unit generally either tied down on-location or fixed to a permanent foundation. These are written on very similar policy forms to homeowners’ policies.

Dwelling coverage protects the property itself, including any detached structures, personal property inside the unit, and living expenses if the unit is uninhabitable after a claim. It also includes personal liability.