Towed RV insurance is almost never required, but you will need at least the minimum auto insurance coverage required in your state if you have a self-driving RV. However, there are plenty of reasons to get coverage for your frequently used motorhome or a brand new motorhome, even when you don’t need to.
RVs are for on the road, which means you have to share the road with people who drive cars, trucks and other vehicles. This puts you and your motorhome at risk of a traffic accident.
Data from the National Highway Traffic Safety Administration (NHTSA) shows that the number of accidents has increased in recent years.
The data shows that the US experienced 6.76 million traffic accidents in 2019. This is an increase of almost 25% compared to 2010, less than a decade earlier. As the number of collisions on the road increases, so does the chance of an accident.
Although the most recent 2020 NHTSA Data indicates that the number of accidents has decreased in general, these figures coincide with a dramatic fall in car traffic in that year. As a statistical outlier, we removed it from our analysis.
Sources of motorhome damage
Road accidents pose a real risk to your motorhome, but it’s not the only way they get damaged. These are some of the most common sources of RV damage:
- Leaking roof or windows: When you do a lot of miles on your RV, all that road vibration tends to shake some of the seals around your roof and windows. This can create holes for moisture to enter, eventually leading to water damage.
- Theft: While it’s not common for RVs to be stolen, it does happen.
- Weather: Tornadoes, floods, ice storms and other severe weather conditions can cause significant damage to an RV.
- trees: Falling trees and branches pose a threat to RVs, especially when camping in densely wooded areas.
- Firework: RV fires are one of the most common sources of damage to RVs.
Keep in mind that comprehensive motorhome insurance covers most of this damage. They are not covered by accident insurance.
Fires in recreational vehicles
Fire is one of the biggest risks for motorhome owners. From 2018 to 2020, an average of 4,200 RV fires were reported to U.S. fire departments each year, according to data from the Federal Emergency Management Agency (FEMA). At the time, these fires resulted in an annual average of 125 injuries and 15 deaths.
Those fires were also expensive. Recreational vehicle fires accounted for an annual average of $60.3 million in property damage, or an average of $15,350 per fire.
Accidental fire damage to your RV is covered by a typical comprehensive policy. However, if your RV catches fire and damages other property around it, you may need additional coverage such as vacation liability to cover that damage.