Geico RV Insurance: Coverage and Discounts (2022)

Geico RV insurance is one of the many products offered by the nation’s second-largest insurer. We at the Home Media reviews team took an independent look at the company’s camper insurance offerings to see if they meet the same standards as Geico’s other insurance products. As part of our 2022 […]

Geico RV insurance is one of the many products offered by the nation’s second-largest insurer. We at the Home Media reviews team took an independent look at the company’s camper insurance offerings to see if they meet the same standards as Geico’s other insurance products.

As part of our 2022 industry-wide study, we checked to see how Geico compares to the country’s best RV insurance companies. Our experts took a look at Geico’s industry reputation, coverage plans, availability, typical costs and reputation among customers. Below, we’ll reveal our findings on the quality of Geico RV insurance.

*Ratings are determined by our editorial review team. Learn more about our scoring methodology below.

What Makes Geico RV Insurance Stand Out?

While there’s a lot to like about Geico RV insurance, the provider stood out to our review team for a few particular reasons:

  • Specialty coverage options: Geico doesn’t offer the biggest selection of additional coverage options for RVs, but the ones it does have are among the most useful for both full-time and part-time owners.
  • Total loss replacement: Most RVs depreciate rapidly, so not all insurers offer total loss replacement in addition to an actual cash value policy. Geico does offer replacement coverage, which may be attractive for people who want to protect their investment.

Geico RV Insurance Pros and Cons

Geico Insurance Overview

Founded: 1936
Headquarters: Chevy Chase, Md.

AM Best rating: A++
Better Business Bureau (BBB) rating: A+

When it first opened, Geico was only available to federal government employees and their families. But today, anyone can get an insurance policy from the company.

According to data from the National Association of Insurance Commissioners (NAIC), Geico held over 6% of the total U.S. insurance market and wrote over $51 billion in premiums in 2021. These figures indicate that Geico is the second-largest insurer in the country.

RV Types Covered by Geico

The Geico RV insurance webpage notes that the company covers both towable RVs and motorhomes of most model years. The few model types not covered by Geico RV insurance include bus conversions and campers worth more than $500,000.

What Is a Towable RV?

Towable RVs require a separate vehicle to pull them from one site to another. Geico mentions protecting several types of towables on its website:

  • Conventional travel trailers: The most common type of RV, these campers have the widest range of all categories in terms of features, amenities and price points.
  • Fifth-wheel travel trailers: These campers get their name from the unique trailer hitch required to tow them. They’re among the largest and best appointed RVs on the road.
  • Folding camper trailers: Also known as pop-up campers, these towables pop up to reveal a full-size RV after packing down vertically for easier towing.
  • Truck campers: Not technically towables, this type of camper attaches to the bed of a pickup truck, essentially converting the truck into an RV.
  • Toy haulers: These are RV models that come with a garage so that they can haul equipment such as all-terrain vehicles (ATVs), kayaks and motorcycles.

Geico may also offer coverage for teardrop travel trailers, though this isn’t listed on the site. Check with a Geico agent if you’re unsure of whether your camper is eligible for coverage.

What Is an RV Motorhome?

Geico also mentions that it covers motorhomes, which are referred to as self-propelled RVs. These drivable campers come in three main categories:

  • Class A motorhome: Typically the largest and most luxurious drivable RV available, these motorhomes are the most likely to exceed Geico’s coverage limits.
  • Class B motorhome: Class B motorhomes are sometimes referred to as camper vans because they are usually built atop a cargo van chassis.
  • Class C motorhome: Larger than Class B models but smaller than Class A campers, these motorhomes offer a nice balance of accommodations and maneuverability.

Geico RV Insurance Cost

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.

Geico RV Insurance Coverage

Geico RV insurance works similarly to auto insurance in multiple ways. As long as you meet your state’s minimum coverage requirements, you can build a policy that fits your needs and budget by using both standard insurance types and specialty add-ons.

Standard RV Insurance Coverage Types

The standard coverages offered for Geico RV insurance are nearly identical to the ones you’d find for auto insurance. They include the plans mentioned below.

  • Bodily injury liability coverage: Covers medical bills and lost wages for other parties involved in an accident you’re found at fault for
  • Property damage liability coverage: Covers the cost of damages to other vehicles and property harmed by an accident that you caused
  • Personal injury protection (PIP): Covers medical expenses and lost wages for you and your party, regardless of who’s at fault for an accident
  • Medical payments coverage (MedPay): Covers medical bills but not lost wages for you and your party no matter who caused an accident
  • Uninsured motorist/underinsured motorist: Covers you and your party’s damages and medical expenses if an at-fault driver can’t pay for the costs incurred
  • Collision coverage: Covers damages to your vehicle following an accident, no matter who caused it
  • Comprehensive coverage: Covers physical issues with your camper caused by fire, theft, flooding and other sources of damage separate from accidents

Geico RV Coverage Add-Ons

Like most insurers, Geico offers specialty policy add-ons that can cover other aspects of using, moving and storing your RV. The company lists the following coverage options on its website: 

  • Total loss replacement: Covers the replacement cost of your RV and not just its actual cash value in the event of a total loss.
  • Special windshield deductible: Covers repairs to your camper’s windshield along with all replacement costs apart from a $50 deductible.
  • Replacement cost personal effects: Covers the replacement of damaged or stolen personal property on your RV. Either $1,000 or $5,000 comes standard if you carry comprehensive and collision coverage, though the exact amount varies by state.
  • Vacation liability: Pays for damages to others’ property and for injuries caused by your RV when it’s docked. These liability claims are typically not covered by your standard liability policy because your RV is not on the road.
  • Emergency expense coverage: Takes care of food, lodging and other travel costs if your RV breaks down and can’t move for a long period of time. If you’ve got comprehensive and collision coverage from Geico, you’ll be covered for up to $1,000.

As with discounts, your local Geico insurance agent may know about more coverage options than what’s listed on the company’s website.

The insurer quickly mentions “enhanced RV coverage” on Geico.com, though it makes no mention of what’s included. Note that this expanded plan for Geico RV insurance isn’t available in Hawaii, Massachusetts, Michigan or North Carolina.

Geico Customer Reviews

There are few customer reviews for Geico RV insurance online, which is pretty standard across the industry. However, reviews for the company at large can provide some insight into how it handles its customers.

Our team read through Geico insurance reviews on sites such as the BBB and Trustpilot to see what customers were saying about the company. We noticed a few patterns in both negative and positive Geico reviews.

Policyholders with positive opinions often mentioned the quality of service they got from insurance agents, who many said went above and beyond to be helpful. On the other hand, people who reported negative experiences regularly brought up communication difficulties.

Our team reached out to Geico for comment on these reviews but has yet to receive a response.

Do You Need RV Insurance?

You’ll need RV insurance that covers at least the state minimum requirements if you have a motorhome, because it’s technically a vehicle. In most cases, you’re not legally required to have insurance for towable RVs.

Whichever kind of RV you own, however, it’s probably a good idea to insure it. On top of being expensive, RVs combine the risks of both cars and homes. That means the chances of something happening to them are relatively high.

Possible Sources of RV Damage

Insurance can protect you financially from some of the risks faced by RV owners. These potential issues include:

  • Traffic accidents: Car wrecks are one of the most common sources of loss for RV owners.
  • Leaky roof or windows: It’s normal for the seals around windows and roof panels to come loose over time in an RV. When that happens, water can easily get inside and damage the interior.
  • Theft: While RV theft is not commonly reported, it still happens from time to time.
  • Tree branches: Branches and entire trees can be risky for RVs, especially if you spend a lot of time in forested areas.
  • Weather: Ice storms, tornadoes, floods and other extreme weather events can damage campers even when they’re in storage.
  • Fire: Camper fires are one of the most common sources of damage to RVs in the country, as many feature plenty of electrical wiring and appliances like cooktops.

RV Traffic Accident Statistics

Bar graph depicting a rising number of traffic accidents year-over-year

Traffic crashes are very common in the U.S., posing a real risk to RV owners as well as to those who drive standard vehicles. Even the most skilled drivers have to share the road with those who may be inexperienced, distracted or otherwise more likely to get into accidents.

Even towable campers spend time on the road, which is one reason why experts recommend coverage for all RVs. That way, your RV will stay safe as it navigates past potential dangers.

RV Fire Statistics

Infographic showing annual RV fire-damage statics, including injuries, deaths and property damages, from 2018 through 2020

Fires in motorhomes and trailers are more common than owners may assume. The Federal Emergency Management Agency (FEMA) reported that between 2018 and 2020, there were an average of 4,200 RV fires reported to emergency services each year. These incidents resulted in around 125 injuries and 15 deaths annually.

RV fires also caused massive amounts of property damage during that time. Each fire caused an average of $15,350 in damage per incident, leading to a total of over $60 million in property damages each year.

Geico RV Insurance: Conclusion

After examining the company, our team believes Geico RV insurance is a solid option for coverage, especially for those who place a high value on customer service. The provider also has enough specialty coverage options and discounts to build a policy that fits your needs at affordable rates.

Geico RV Insurance: Recommended Alternatives

While we at the Home Media reviews team recommend Geico RV insurance, we’d encourage you to get quotes from other companies as well. Asking for RV insurance quotes from multiple providers allows you to compare your options to see which ones have the best rates for you.

State Farm: Best for Local Service

People who value in-person service will definitely want to take a look at State Farm, the nation’s largest insurer. With a network of over 19,000 local representatives, you’ll rarely find yourself far from one of the company’s insurance agencies. State Farm also offers 24/7 roadside assistance through its mobile app to support RVers in the event of unexpected issues.

Progressive: Editor’s Choice

Progressive earned the highest score and took home the Editor’s Choice award in our industry-wide RV insurance study. The company scored well in every category, offering one of the best combinations of coverage and potential discounts that we found. This means that most RVers can get the coverage they’re looking for at competitive rates.

Geico RV Insurance: FAQ

Below are some frequently asked questions about Geico RV insurance plans.

Our Methodology

Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to formulate our rankings of the best RV insurance companies. We collected data on dozens of camper insurance providers to grade the companies on a wide range of ranking factors. The end result was an overall rating for each provider, and the insurers that scored the most points top our list.

Here are the factors our ratings take into account:

  • Reputation (15% of total score): Our research team considered market share, ratings from industry experts and years in business when giving this score.
  • Availability (15% of total score): Recreational vehicle insurance companies with greater state-by-state availability and few eligibility requirements scored highest in this category.
  • Coverage (30% of total score): RVers can benefit from a wide variety of specialized coverage options. We evaluated companies based on the amount and diversity of coverage add-ons they offer for camper insurance.
  • Cost (20% of total score): As RV insurance costs are highly variable, our research team mainly considered the availability of policy discounts.
  • Customer Experience (20% of total score): Our research team took into account companies’ industry reputations with organizations such as the Better Business Bureau (BBB) as well as the ease and availability of in-person, over-the-phone and online services.

 

*Data accurate at time of publication.

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