While we didn’t find specifics about the typical rate for Geico RV insurance online, the company overall is considered affordable in most markets. That doesn’t guarantee that you’ll find cheap RV insurance rates, but it does mean that it’s worth getting a free quote to find out.
According to our research, the average cost of RV insurance across the nation is around $1,500 per year. Treat this figure as a general reference point, though, as there’s a huge range of what RV premiums could cost you. Coverage for a small travel trailer may cost a few hundred dollars per year, while insurance for a luxury motorhome could cost several thousand annually.
What Factors Affect RV Insurance Costs?
Insurers use several different variables to determine how much to charge for RV coverage. Each company uses varying factors and weighs each one differently, but the following are typically the most impactful:
- RV value: The cost of your RV can be a major factor in setting your insurance rates.
- Driving record: Since you’ll need to take your RV on the road at some point, your driving history has a major impact on your premiums.
- Credit score: Insurers in most states are legally able to use your credit score as a determining factor in your premiums. As you may expect, drivers with low credit scores tend to pay higher rates for RV coverage.
- Coverage limits: The kinds of coverage that you include in your RV insurance policy and the coverage limits you set will greatly affect the cost of camper insurance.
- Location: Similar to auto insurance, companies adjust rates based on aspects of your location such as state insurance requirements and local risk factors.
- Level of usage: Full-time RVers usually pay more for coverage than part-timers who only use their campers for leisure.
- RV driving experience: Towing or driving an RV is significantly more difficult than driving a car on its own. Many insurers adjust insurance rates based on previous experience with piloting an RV.
Geico RV Insurance Discounts
While Geico doesn’t list specific discounts on its website, the company encourages RVers to ask their insurance agents about potential ways to save. Make sure to mention if you have a commercial driver’s license (CDL), have taken a defensive driving course or plan to bundle homeowners, renters or car insurance with your RV coverage.
