When account for all its related costs, RV ownership can get expensive in a hurry. What if we were to tell you that there are things you can do to lower your RV insurance premiums? It’s true – check out these handy tips that can save you tons of cash.
Go With One Insurance Company: If you group all your policies together (RV, car, home) with one company, you’ll save off your total premium.
Raise Your Deductible: The deductive is the amount you pay out of pocket when you make a claim. If you raise your deductible, your premium will be reduced. But before you make the switch, make sure you know how much you can afford to spend out of pocket, and then adjust your deductible.
Get a Quote Before You Buy: If you haven’t bought an RV yet, check to see how much insurance is going to cost. Premiums can vary based on the make, model and year of an RV.
Drive Safe: This is a no-brainer – safe drivers get a lower RV insurance premium. And as time goes on, those premiums will keep going down, provided you don’t get into accidents or get speeding tickets.
Storing Your RV: When your RV isn’t in use for the season you don’t want to be paying insurance for it. Ask your insurance provider if storing it when it’s not in use will qualify you for a lower RV insurance premium.
Pay Your Premium In Full: It may seem like a huge amount up front, but you’ll get a better premium if you pay for the full year instead of monthly.
Alarm System: Since RVs that have anti-theft devices are less likely to be stolen, they are less expensive to insure. Some RV insurance provides will lower your premium if you have a theft-deterrent system.
These are just are just a few of the ways you can lower your RV insurance premium. And although the savings may not look so substantial at first, trust us when we say that they will grow when you start adding them all up.