As with any insurance policy, the company you use is going to play a major factor in the price. Be sure to shop around for different quotes before you make the decision to go with any one company.2. Your Driving Record
Whenever you purchase insurance for a vehicle, your driving record is going to come into play. The better a record you have, the lower your insurance rates are likely to be. Even if they are high now, hopefully you can lower them by being a good driver.3. RV Type
Different models and makes of RVs are going to require various types of insurance. When you’re at the dealership, you can always call your insurance company to find out how much money one type is going to cost over another one so that you have the final cost.
4. Storage Location
RV Lifestyle Expert’s article “The 13 Factors That Determine Your Insurance Rate” by Paul Bender notes that where you store your RV is going to have a role as well. For example, if it’s stored in an area with a lot of severe weather, the rate could be higher.
5. Classes You Take
From having a car, you’re probably familiar with courses you can take to lower your insurance rate. Find out if any of these are available for people who have RVs, and be sure to take them for a lower cost.
6. Usage Type
Bender also discusses how the vehicle is used as a component for the amount of insurance you’ll need to pay. For example, someone who is living in his or her RV year-round is likely going to have to pay more insurance than someone who uses it for vacations only.
7. Other Insurance Policies
Try to put all of your cars, the house and the RV onto the same insurance policy. When you bundle all of these items together, it’s likely that your rate will be lower than if you didn’t.
8. RV Driving History
Another topic discussed by Bender is your past experience driving an RV. Individuals who have driven one before are likely to see lower insurance rates than those who are brand new to the field.
9. Age of RV
As you probably know from having a car, and as Bender highlights, the older the RV is, the less the insurance is likely to be. Of course, you want to weigh this with repairs that an older vehicle could need.
10. Credit Score
Your credit score can also impact your insurance rate (Bender). It might not have a gigantic effect, but individuals who have better credit scores may have lower insurance rates than do those with poor credit scores.
Quite a number of factors go into the insurance rate you will receive. Remember, call a few different companies to see what packages they have available to you.