Get the Best RV Insurance
| Insurance | Review | Quote |
|---|---|---|
 | Wayfarer is an online brokerage that ensures travel trailers, fifth wheels, truck campers and tent trailers. You can get extended coverage for your contents and items normally kept on your campsite. | In agency |
 | With TD insurance, you can get mandatory protection or opt for comprehensive coverage. You can also set the policy for specified or all perils liability. | In agency |
 | The RBC insurance covers your motor home and your family living inside in case of injury or accident by another driver. | In agency |
| Aviva offers insurance for motorhomes, towed trailers and stationary trailers with adapted coverages for each. | In agency | |
| Allstate provides all types of coverage, you can customize your policy and add many options. The "Take two" advantage allows you to combine property and recreational vehicle policies to save on both of them. | In agency |
Did you know that over 2 million Canadians own a recreational vehicle? More and more people are choosing to spend their holidays taking their families into the countryside and enjoying the freedom and calm of a holiday without the trouble of airports and hotel bookings. But whether you are going to Niagra Falls or heading to the hot springs of Liard Park you will want to make sure that you are ready for any emergency.
In this guide, we will take you through the different types of RV insurance, how much they cost and how much protection you really need.
What offers the best RV insurance in Canada?
It isn’t easy to choose the best RV insurance because everyone’s situation is different. How long you plan to be on the road, where you stay and your vehicle all play a role in determining insurance rates and your best coverage options.
With that in mind, here is a list of Canada's most popular RV insurance options to get you started:
TD RV Insurance
TD Insurance is a part of TD bank, one of Canada's largest financial institutions. TD offers a basic package of RV insurance and extra add-ons for those who want more comprehensive protection. If you insure both your home and your RV with TD you can qualify for the Multi-Line discount. This is a premium discount which applies to the basic and the comprehensive insurance packages.
Wayfarer RV Insurance
Wayfarer is an insurance broker that specializes in motorhomes and recreational vehicles. It is underwritten by Aviva. Wayfarer offers a wide range of specialized coverage, thanks to its narrow focus on recreational vehicles. For example, they offer Fifth Wheel Insurance, which is tailored to protect large, high-value trailer motorhomes that are towed by a truck.
Wayfarer currently has over 100,000 clients. Its offer of specialized hands-on knowledge combined with the security of a big national underwriter is an attractive proposition. Additionally, Wayfarer offers a wealth of advice and discussion related to RVs and motorhomes on its website.
RBC Motorhome Insurance
RBC offers insurance for motorhomes and for trailers. They offer specialized insurance packages for Class A, Class B and Class C type RVs. Other highlights of RBC's insurance include annual deductible reductions for no-claims drivers, discounts on anti-theft devices and emergency funds to help you to get home from your vacation if your RV breaks down.
As part of the wider Royal Bank of Canada corporation, RBC Motorhome Insurance has the security of a stable and well-established underwriter. If you already have vehicle or home insurance from RBC you may be able to add-on protection for your motorhome at a discount. RBC also offers 24/7 customer service so you can get in contact whenever an emergency might arise.
Allstate RV Insurance
Established in 1931, Allstate is one of the older vehicle insurance companies operating in Canada today. Allstate offers a basic insurance protection package along with add-ons such as Comprehensive Cover. There are discounts available for experienced drivers as well as no-claims bonuses.
Allstate does not offer specific packages for different types of RV. The insurance they offer is more general. The discounts might suit you if you only intend to use your RV for short periods, or could be an economical solution if you are renting an RV. If you own a high-end or specialized RV then you might wan to seek another solution.
Aviva RV Insurance
Aviva's RV insurance offers three plans with varying degrees of coverage to suit your needs and budget. Its basic coverage is comprehensive: emergency expenses while on vacation, personal effects in the RV, freezer contents, lock replacement, etc. Each plan comes with optional coverages for an individually tailored insurance package.
Aviva's online (or 24/7 telephone) claims reporting service is well-reviewed and the insurer's network of experts is extensive. This means that your claims can be handled quickly and efficiently, and you can get a quick refund. In addition, Aviva offers you discounts on multiple insurance products.
CAA's RV Insurance
With its Stress Relief Policy®, CAA offers a complete basic RV insurance package (liability, collision, lost or stolen keys, hit-and-run or total loss, etc.) as well as numerous options (accident forgiveness, replacement value, etc.), all while promising you an average savings of $306 compared to the competition. In addition, you will not have to pay any deductible in case of a total loss of the RV or hit and run, but also in case of replacement or recoding of your keys.
Beneva RV Insurance
Beneva's RV insurance covers your vehicle but not only that, but their packages also include liability coverage as well as free coverage if you drive a rented or borrowed vehicle. In addition, roadside assistance is included for most recreational vehicles. Beneva also offers you discounts by bundling several insurance products. For example, save an average of $520 by bundling auto, home and RV insurance. Finally, Beneva offers 24/7 assistance in case of emergency as well as an ergonomic online client space to manage your contract.
What is RV insurance?
You must ensure a recreation vehicle or trailer like any other vehicle. An RV is any kind of movable temporary accommodation, divided into self-propelled motorhomes, park models and towable RVs that are attached to another vehicle.
Motorhomes are divided into three classes A, B and C.
Class A: heavy-duty, coach-sized vehicles sleeping 2-4 people,
Class B: also known as a camper van. These contain living and cooking facilities but usually in very compact forms.
Class C: medium-sized motorhome, usually with an over-cab sleeping area.
Park models are stationary RVs which are usually placed in a holiday location and spend the year round there. There are two classes: the 8-foot wide and the 10 to 16-foot wide.
Towables or trailers are independent RVs, without a motor or a means of self-propulsion. They are usually transported by attaching them to the back of your car or truck.
Good to know
RV insurance can either be purchased as a separate policy or can be added to car insurance or home insurance.
Do I need RV insurance?
Yes, RVs need insurance like any vehicle in Canada. However, different types of RVs need different types of insurance.
Mandatory RV insurance offers the same basic protections as car insurance. You must have Collusion or Upset insurance. This basic package covers any damage caused to your RV by an accident or a collision
Depending on how often you use your RV and where you drive it you may want to consider additional protection. If you are making a day trip out of Vancouver a basic level of protection might be suitable. If you are a thrill-seeker headed to Baffin Island you might want to beef up your coverage!
How much does RV insurance cost?
In general RV insurance will cost much less than car insurance. Some providers offer coverage for as little as a couple of hundred dollars a year at the low end. Large, expensive models of RV can need insurance policies that run into three figures.
Much like car insurance, your RV insurance will be calculated depending on a few variables. These include
- Age
- Gender
- Make of RV
- Years of experience driving an RV
- Where you live
- Credit score
- How often you use the RV
- What you use the RV for
As an estimated guide we have laid out some ballpark figures for you in the table below, based on the classifications of RV.
| Type of RV | Estimated insurance cost |
|---|---|
| Class A | $1,000 - $5,000 |
| Class B | $500 - $1,000 |
| Class C | $800 - $3,000 |
| Towed trailer | $500 - $1,000 |
What are the different types of RV insurance?
Depending on how you use your RV you might be interested in different types of RV insurance. For example, if you are buying RV insurance in Ontario for a week by Niagra Falls, you can probably get away with a basic package of insurance. If you are buying RV insurance in Alberta because you are intending to live year-round in Fort McMurray then you will need Full-Time RV Insurance.
| Coverage | What it protects |
|---|---|
| Collision | This coverage is used to fix or replace your RV if you are involved in an accident or a collision. This can also cover internal contents like televisions, kitchen equipment of furniture. |
| Comprehensive | This coverage protects from all damage not caused by an accident or collision. This could include hail, fire, burglary, criminal damage or flooding. |
| RV trailer insurance | This type of insurance is for towable RVs that attach and detach from your car or truck |
| Third-Party Liability | This protects you when an accident is your fault and you have crashed your RV causing damage. |
| Full-time RV insurance | This type of motorhome insurance applies when you use your RV as your primary residence. It assumes that you live full-time in your RV |
| Seasonal RV insurance | This type of coverage assumes that you only use your RV in the summer months during the holiday season. |
| Temporary RV Insurance | This is the type of coverage you would buy for a specific period of time, for example, to cover only the holiday that you are using the RV for. |
How much to insure a 2008 Forest River Sandpiper? We live in it full time on Vancouver Island
Hello Lorraine,
Insuring a 2008 Forest River Sandpiper for full-time living on Vancouver Island involves several factors:
Vehicle Type: As a fifth-wheel trailer, it requires specific coverage.
Usage: Full-time residence may necessitate additional protections.
Location: Vancouver Island's unique conditions can influence premiums.
Personal Profile: Your driving history and claims record are also considered.
Given these variables, it's challenging to provide an exact premium without detailed information. To obtain a personalized quote, consider using HelloSafe's RV insurance comparison tool, which allows you to compare offers from various insurers tailored to your specific needs.
I am STORING a tent trailer in Ontario. I LIVE in Nova Scotia. I know that I cannot have it registered/plated in Ontario for use/pulling/collision insurance and that I will have to bring it to Nova Scotia to have it plated/registered for pulling use. However, I do not want insurance to use or pull it. I only want insurance to STORE it for comprehensive and NOT for collision. It will not need to be plated/registered as I will not be driving it in 2025 and it will NOT be licensed to do so. My storage company is REQUIRING it to be insured for fire/theft/damage COMPREHENSIVE type of stuff? Can I get it insured?
Hello Tim,
Yes, you can insure your tent trailer for risks like fire, theft, or other damages while it is in storage in Ontario, even if it is not registered or used on the road. This type of coverage, often called "comprehensive insurance," protects against non-collision damages.
Since you won’t be driving or registering the trailer, you can request a storage-specific insurance policy. This would meet the requirements of the storage facility and provide the necessary protection for your trailer during the storage period. Make sure to specify that the coverage is for storage only, as this can help tailor the policy to your needs.