RV Insurance: Everything You Must Know

Selecting the right RV insurance is a big decision to protect your investment. Here's what you should know about the costs and different coverage types.

A grandfather enjoys his RV with two of his grandchildren
(Image credit: Getty Images)

As Americans weigh how to vacation safely in the middle of a pandemic, sales for RVs are skyrocketing. Total shipments from RV manufacturers were up nearly 47% year-over-year last December, according to data from the RV Industry Association. “People are taking more road trips,” says Laila Ali of Ace RV Sales and Rentals, a family-run business in Herndon, Va.

Doubling as both transportation and accommodation, RVs offer vacationers a socially distant way to travel. But RVs can be expensive, costing anywhere from less than $10,000 for a travel trailer towed behind a vehicle to $500,000 or more for a luxury motorhome.

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Senior Retirement Editor, Kiplinger.com

Jackie Stewart is the senior retirement editor for Kiplinger.com and the senior editor for Kiplinger's Retirement Report.