Should You Cancel Your RV’s Insurance While Storing It?

Above, with snow on the ground, my RV is tucked away in its barn. Photo by Armand Vaquer.

Having insurance on one's RV is important and, in most cases these days, legally required (particularly liability insurance). 

The question arises, should one cancel their insurance coverage while storing the RV during the winter months?

That is the topic of an article by Gail Marsh at RV Travel. 

She begins with:

We all agree that having RV insurance is a good idea. You never know what dangers await when traveling down the road. A tire suddenly goes flat. You hit a giant pothole. Another car attempts to cut in front of you and, just like that, you’re calling your insurance company! Honestly, who could relax if they traveled without insurance? Not me!

So, you bring the rig home. You winterize it and take it to storage. Then you get out your checkbook and get ready to pay monthly fees on an RV you don’t even use. Should you keep paying for RV insurance on a rig that simply sits for months at a time? Does that make financial sense? Maybe you store your camper in your own backyard. Is it safe to drop insurance if the rig sits there, unused, for up to half the year? These are questions many RVers wonder about – especially as the summer camping season comes to an end.

To read further, go here.