RVs are an exceedingly popular way to vacation and enjoy camping adventures in Ontario. It's your mobile home away from home, so it's important to have the proper protection for your family and your RV. In the event of an insurance claim, without the proper insurance, you can be held financially liable for any repairs or liability costs. So it is essential to protect you and your investment with the right RV insurance.
When it comes to RV insurance, Ontario’s adventure seekers need policies designed to their needs, and that’s exactly what you get when you choose Morison Insurance for all your insurance needs. Ontario brokers at Morison Insurance will ensure that you get the coverage you need, no matter the type of motor home or recreational vehicle you have.
Ontario RV insurance, also known as motorhome insurance, is a type of personal insurance policy designed to help financially protect owners of motor homes and recreational vehicles against potential loss, damage, and liability claims to their RV.
RV insurance protects your motor vehicle and provides coverage in the event of a loss or damage to the vehicle, contents, and personal belongings. RV insurance in Ontario also provides liability coverage for the recreational vehicle.
If you own a motorized RV that you can drive on the road, it is important to have mandatory protection as it is legally required in Ontario that you have insurance.
A recreational vehicle insurance policy can include mandatory protection for collision damage, personal injury, and protection against any risks associated with the class of RV insured. The three basic categories of recreational vehicle insurance are:
Because there are different classes of RVs, there really isn’t such a thing as standard RV insurance. Ontario insurance brokers can help with that. Speaking with a licensed insurance broker at Morison Insurance will help you understand what you need to include in your RV policy and walk you through additional protection you can add that suits your individual needs.
Ontario auto insurance policies will extend their liability coverage to your towable RV so long as it moving as is attached to the insured car. Once it is parked or unhooked, it will not be covered by your auto policy. You will need a separate recreational vehicle insurance policy to protect it from loss or damage. Additionally, some parks or campgrounds require proof of insurance before you park your towed or stationary RV there, so without some type of RV insurance in Ontario, you could be very, very limited on where you can take your RV. It is also important to note that if you finance or lease your RV, the lender will likely require you to have recreational vehicle insurance in place for the full term of the loan. But if you rent your RV, you will likely need to get your insurance through the rental company or a third-party provider.
If you own a recreational vehicle of any type, you should purchase an RV or motorhome insurance policy to protect your investment and your financial stability. Without recreational vehicle insurance, you will be left financially responsible for any losses or liability expenses. Given that some luxury motorhomes can run more than $500,000, it can represent a very serious investment, and the last thing you want to do is take it out for the first time, get into an accident, and be out all that money because you didn’t protect yourself with RV insurance. Ontario brokers at Morison Insurance will be more than happy to help you get the RV coverage you need.
Ontario RV insurance covers damage to your recreational vehicle, contents, outbuildings, personal and premises liability, third-party liability (for drivable RVs), roadside assistance, renting out your RV, emergency vacation expenses, and increased coverage and limits. Some standard RV coverage options include traffic collision coverage, automobile accident benefits, and comprehensive coverage.
Extra coverage can be added to your recreational vehicle insurance policy to include protection for items such as warranties on appliances, frozen food, lock replacement, emergency vacation expenses, and personal effects. Make sure to speak with an insurance broker who will help you determine additional coverage options to add to your RV or motorhome insurance policy. The standard types of RV insurance coverage, along with a few of the optional coverages you may want to ask our expert recreational vehicle insurance brokers about, are listed below.
If someone files a lawsuit against you because you allegedly damaged their property or caused them injury while you were behind the wheel, the third-party liability insurance on your RV or motorhome insurance policy will help you handle the cost of your legal defence as well as the cost of settlement payments if you are found liable by the court, up to the coverage limits that are listed on your policy.
This is the part of your standard recreational vehicle insurance that applies when your vehicle is damaged in a collision in which you are not at fault. It gives you the ability to claim insurance compensation for the repair or replacement of your RV directly from your auto insurance provider rather than waiting for the other driver's auto insurance, and you may also be able to get compensation for the loss of use of your RV and its contents, depending on how your policy is written. However, there are some stipulations to this RV and motorhome insurance coverage, such as the accident must occur in Ontario, and there must be another driver who is at fault involved in the collision.
If you are injured in a collision, regardless of whether you were the one at fault for the accident or not, the statutory accident benefits coverage on your RV or motorhome insurance gets you benefits to cover expenses such as your medical costs, along with the cost of your rehabilitation. You may also be able to receive compensation for loss of income if you are unable to work for a while due to your injuries.
When you're involved in a collision in which the other driver is at fault, you expect to receive compensation for the damage caused by the at-fault driver's insurance provider. But if the other driver is uninsured, underinsured or flees the scene of the accident before you're able to collect their information, you can fall back on the uninsured automobile coverage portion of your RV insurance in Ontario to get the insurance compensation you need to deal with the repair or replacement of your recreational vehicle.
Nothing can ruin the fun and excitement of vacationing out on the open road faster than being stuck on the side of the open road, going nowhere fast. Regardless of how well you look after your motorhome, there's always the potential for a problem like a flat tire or dead battery—and changing the tire on a massive RV can be considerably more challenging than it is with a regular car.
If you have emergency roadside assistance coverage included on your RV insurance in Ontario, you can rest assured that help will arrive—and you'll be able to recoup some of the costs associated with roadside services such as a battery boost, tire change, fuel delivery, lock opening, towing and more.
Generally, having basic RV insurance in Ontario protects you from many potential financial losses that could be incurred while you're out on the road—but if your motorhome is parked at a campsite when you accidentally injure someone else or damage their property, you need vacation liability coverage. For example, if you invite a new friend from a neighbouring campsite over for a hot dog roast and they're accidentally burned by a shifting log while you're stoking the fire, they could choose to sue you. Vacation liability coverage will help cover expenses such as legal fees, settlement costs and medical bills. It can also help cover the cost of repair or replacement for third-party property damage.
If you've worked hard to maintain a good driving record by playing it safe and following all the rules of the road, it can be particularly devastating to see your rating stained by one careless mistake. If you are involved in an accident and you are at fault, a driving record protection endorsement will protect your rating and your insurance rates may not increase at all following the incident, or the increase may be a lot less than it would be without driving record protection on your RV insurance. Ontario insurance companies understand that accidents happen, and that’s what insurance is for. So make sure to ask your broker about this endorsement of your policy.
While having motorhome or trailer RV insurance in Ontario protects you against financial loss in the event of a damaging accident or theft of your motorhome, it doesn't typically cover the belongings inside the motorhome. From expensive fishing and recreational equipment to personal items like jewelry and the basic essentials, paying out of pocket to replace it all would be a serious financial burden to anyone. With adequate contents coverage on RV insurance, Ontario drivers can get help to repair damaged items or replace stolen and destroyed items.
If your motorhome is parked for 50 weeks out of the year and only gets taken out for the annual camping trip, you may be tempted to rent it out through an RV-sharing program. While it's not a bad idea to earn some extra money from a vehicle that's just sitting around most of the time anyway, it does require a specific endorsement on your RV and motorhome insurance policy so you know it's covered even when it's being used by someone else. Be clear and detailed when you're speaking with your trusted insurance broker about how you plan to do this because some insurance companies will limit you to using specific RV-sharing programs or put limits on who you can rent to.
While there are plenty of coverages available for your RV insurance, Ontario insurance policies don’t cover absolutely every scenario. Some things that may not be covered under your RV or motor home insurance policy are:
It’s important to examine your policy carefully and speak with your RV or motorhome insurance broker so that you understand what is or isn’t covered under your RV policy.
You need enough RV insurance to protect you and your recreational vehicle in the event of loss, damage, or liability claims. Most insurance companies include mandatory protection such as recreational vehicle insurance coverage for total loss replacement, the replacement cost of personal belongings, liability, and emergency expenses. Coverage in your Ontario RV insurance can extend to emergency vacation expenses, emergency roadside service, and coverage while in the United States.
Be sure to speak with the expert advisors at Morison Insurance, who will explain the different types of coverage and how much recreational vehicle insurance coverage you need to protect your motorhome properly.
The cost of RV insurance can range between $200 - $5,000 annually. There is a wide range of factors that determine motorhome insurance premiums, some of which are specific to the RV owner, and the RV itself. Some factors that go into calculating the cost of your RV or motorhome insurance include:
Our Morison Insurance brokers will provide you with an accurate recreational vehicle insurance quote based on the details of your RV to ensure you have peace of mind knowing you are properly protected.
|
Type of RV |
Estimated Annual Cost |
|
Towable RV/Trailer |
$200–$600 |
|
Class A Motorized RVs |
$1,000–$5,000 |
|
Class B Camper Vans |
$500–$1,000 |
|
Class C RV or Motorhome |
$800–$3,000 |
You can get the best rate for RV insurance by using an insurance broker. They work with dozens of leading insurance companies and can compare RV insurance quotes to find the best coverage at a competitive price! They will help you review coverages and apply any discounts to help you save on your insurance. in most cases it is possible to add motorhome insurance to your standard auto insurance package instead of getting a stand-alone policy. By bundling it together, you can potentially save yourself a bit of money, and you can still get good coverage as long as you add on a few endorsements to round out the package.
Make sure to speak with the brokers at Morison Insurance to ensure you are properly covered if you’re considering adding RV insurance to Ontario auto policies.
You can get a personalized RV insurance quote from our team of insurance experts to ensure you are protected on your journeys, from family camping adventures to summer road trips. Our expert insurance agents will provide excellent service and get you several competitive recreational vehicle insurance quotes so you can have peace of mind and select the policy that is best for you in terms of price and coverage. Get the RV and motorhome insurance coverage you need today by filling out the form on our website or by calling 1-800-463-8074.
