If you're an RV owner, you already know that having insurance for your recreational vehicle is a must. RV insurance can help protect you against unexpected events such as accidents, theft, and damages caused by natural disasters. However, RV insurance requirements can vary depending on where you live. In Georgia, the state has specific regulations that govern RV insurance, which differ from the rest of the US.
According to data from the National Association of Insurance Commissioners, Georgia ranks 14th in the nation for the highest average RV insurance premiums. On average, Georgia RV owners pay $1,235 annually for their insurance policies, which is 9.6% higher than the national average of $1,126. The reason for this higher average could be due to the fact that Georgia is prone to natural disasters such as hurricanes and tornadoes, which increases the risk for RV damage.
One of the main differences between RV insurance in Georgia and the rest of the US is that Georgia requires RV owners to have liability insurance coverage for bodily injury and property damage, with a minimum of $25,000 per person and $50,000 per accident. Additionally, RV owners must also carry uninsured motorist coverage with a minimum of $25,000 per person and $50,000 per accident. This requirement is higher than the minimum liability insurance coverage requirements in other states.
Another factor that can influence RV insurance rates in Georgia is the type of RV you own. For example, Class A RVs, which are the largest and most luxurious motorhomes, typically have higher insurance premiums than smaller RV models such as Class C or travel trailers. This is because Class A RVs are more expensive to repair or replace if damaged.
Albany has had its share of natural disasters, including a devastating tornado in 2017. RV owners in Albany may be particularly vulnerable to damage caused by these natural disasters, which can make having comprehensive insurance coverage all the more important. Comprehensive insurance covers damages caused by events such as theft, fire, and natural disasters, in addition to collision coverage.
If you're an RV owner in Georgia, it's important to understand the state's insurance requirements and how they differ from those in other parts of the US. The higher average RV insurance premiums in Georgia are likely due to the state's higher risk for natural disasters, which can cause damage to RVs. Additionally, Georgia requires higher minimum liability insurance coverage for RV owners than many other states. If you live in Albany or other areas prone to natural disasters, it may be wise to consider comprehensive insurance coverage to help protect your RV against unexpected events.