Every RV owner is required to carry insurance for their motorhome — a fact especially relevant to new RV owners. While specific requirements may vary based on where an owner lives (and the type of RV owned), the need for insurance leads owners to a search for the best RV insurance company for them. And RVers quickly find that levels of coverage can vary significantly.
When it comes to finding the best overall plan for their RV, travelers may want to start their search at Progressive, American Family Insurance, and Foremost Insurance Group. All three were named among the best RV insurance companies according to a study by Forbes Advisor, updated on July 12, 2024.
Determining the Top RV Insurance Companies
To determine the best RV insurance companies, Forbes Advisor took into consideration the number of complaints filed against the companies according to the National Association of Insurance Commissioners, coverage options, insurance discounts, and collision repair. Eight insurance companies were considered, with Progressive, American Family, and Foremost getting the top ratings.
Best RV Insurance According to Forbes
According to the study editors, Progressive takes the only five-star rating. Among the reasons were the “wide variety of discounts for RV drivers.” The he wide-ranging “coverage features that financially protect your RV and belongings” were also noted. Progressive is one of the largest companies protecting all types of RVs and motorhomes — Class A homes to tow-along trailers. The Cleveland-based company also rated high for their low number of complaints and options. Some of the add-ons travelers can choose with their RV coverage include pest protection, pet injury coverage, roof protection, and vacation liability.
Matching Insurance to an Owner’s Specific Needs
Part of the Farmers Insurance Group, Foremost Insurance came in second with a 4.7-star rating. Forbes editors singled out their product as best for adjacent structures. This includes offering coverage for collisions with sheds, decks, covered porches, and other stand-alone buildings not attached to the RV. It is available nationwide for Class A, B, and C motorhomes and the majority of the U.S. for luxury motor coaches and trailers. Foremost also earned top marks for offering insurance if owners decide to rent out their RV during the year.
American Family Insurance came in a close third with a 4.5-star rating. It stood out for having the lowest number of complaints among all major RV insurance companies. The editors note having the fewest complaints “indicates that American Family has good customer service that keeps issues from escalating.” The company offers coverage for everything. From Class A motorhomes to mounted truck campers, coverage options include limited pet insurance, custom equipment coverage, and rental reimbursement. On the downside, American Family Insurance is only available in 19 states in the country. That is notably less when compared to the availability of Progressive and Foremost plans.
Nationwide Insurance and Auto-Owners Insurance also earned marks above four stars as the best insurance companies for discounts and collision repairs, respectively.
While RVing can be an expensive hobby on its own, the good news is that insurance costs do not add an exorbitant cost to your travels. What matter is that an owner finds the best RV insurance company for their specific needs. According to Trusted Choice, drivers of a Class A motorhome can expect to pay around $1,150 per year on average for insurance, while Class C drivers should budget approximately $900 annually for their insurance costs.
