When your motorhome insurance costs are up for renewal, you might assume that sticking with your current provider is the easiest option. Most RV insurance policies auto-renew, requiring little more than a payment to continue coverage.
But while auto-renewal is convenient, it could also mean missing out on savings or better coverage options. Motorhome insurance costs can fluctuate due to factors like claim history, location, and coverage changes—so it’s always worth reviewing your policy before renewing.
How Motorhome Insurance Renewal Works
Motorhome insurance policies typically last six or twelve months and are often set to renew automatically. Here’s what you can expect during the renewal process:
- One month before renewal – Your insurer will send a renewal notice outlining your updated motorhome insurance costs and policy details.
- At the renewal date – Your payment will be processed, and your updated policy will take effect. You may need to confirm personal details before the renewal is finalized.
- After renewal – Be sure to replace your old insurance card with the new one and review your coverage for any changes.
Why You Shouldn’t Just Let Your Policy Auto-Renew
While auto-renewals are hassle-free, they can also trap you into higher motorhome insurance costs. Many RV owners don’t realize that their premiums can increase due to inflation, claim history, or changes in risk assessment.
Before your policy renews, take a few moments to:
- Compare rates – Other insurers might offer better pricing, especially if your driving history or coverage needs have changed.
- Reassess your coverage – Have you upgraded your motorhome or changed how often you use it? Your coverage may need adjusting.
- Check for new discounts – Some insurers offer bundling options or safe driver rewards that weren’t available when you first signed up.
Non-Renewal vs. Cancellation: What’s the Difference?
It’s important to understand the distinction between non-renewal and cancellation when it comes to your motorhome insurance policy.
- Non-renewal – Your insurance provider chooses not to continue coverage at the end of your policy term, often due to factors like claim history or increased risk.
- Cancellation – Either you or your insurer can cancel your policy mid-term. Insurers typically cancel policies for reasons like non-payment, fraud, or license suspension.
If your insurer chooses not to renew your policy, make sure to secure new coverage before your current policy expires. A lapse in insurance could lead to higher motorhome insurance costs when you sign up for a new policy.
Avoiding a Lapse in Coverage is Critical
Even a short period without insurance can result in higher premiums when you try to reinstate coverage. If you decide to switch insurers, make sure your new policy starts the same day your old policy ends to avoid a lapse.
Other factors that can lead to an increase in your motorhome insurance costs include:
- Filing a claim – Recent claims can result in higher renewal rates.
- Traffic violations – A speeding ticket or accident could affect your premium.
- Changing locations – If you’ve moved to an area with higher accident risks, your rate may increase.
Re-Shop Your Motorhome Insurance for the Best Coverage & Price
Instead of automatically renewing your motorhome insurance, take a moment to compare your options. Follow these steps:
- Compare quotes – Look at multiple providers to find competitive rates.
- Adjust your coverage – Make sure your policy still aligns with your travel habits and needs.
- Check for discounts – Ask about bundling, safe driver, or other savings opportunities.
- Don’t cancel until new coverage is in place – Ensure a seamless transition between policies.
Lower Your Motorhome Insurance Costs with Happy Camper
If you’re looking to lower your motorhome insurance costs without sacrificing coverage, Happy Camper Insurance is here to help. We offer comprehensive coverage for motorhomes, RVs, boats, and powersport vehicles, ensuring you’re protected on every adventure.
Contact Happy Camper today to explore your coverage options and get a quote.
