Alberta Motorhome Insurance

What is motorhome insurance?

Motorhome insurance in Alberta is just what it sounds like – insurance coverage for motorhomes. Motorhomes are alternative ways to RV. They are self-contained, mobile homes on wheels. When you prefer travelling on paved roads and staying in campgrounds that permit much longer units, or even if you want to RV full-time, a motorhome might be the option for you. Motorhomes need specialized insurance coverage to be protected.

Safeguard your home or hobby. Rather than tying your RV to your car/truck or home insurance policy, get two policies in one—both car/truck and home—to cover all your bases.

Motorhome Insurance for Alberta Drivers

Living the RV lifestyle is a dream come true. You can hit the open road whenever you please, travel across the country – and even into other countries. And, if you’ve decided to make a motorhome your RV of choice, then congratulations! Motorhomes are great options for all kinds of RV lovers.

Owning an RV is a big decision, and not to mention a huge investment – even if you buy used. Like any asset, having personal vehicle insurance can help protect your motorhome if something happens. Not only will having protection defend your wallet, but it can also save your road-tripping adventures from having to cease altogether by offering you coverage for repairs and replacements.

Key Motorhome Coverages in Alberta

Physical Damage Coverage (Comprehensive & Collision)

Collision and comprehensive coverage, no matter where you live, are both considered optional coverages. Collision coverage helps pay for replacement or repairs of your motorhome if it is damaged or destroyed in a collision with another vehicle or object, regardless of fault.

Comprehensive coverage, on the other hand, offers protection for damages to your motorhome resulting from non-collision incidents, such as theft, vandalism, fire, severe weather, or falling objects. It helps cover the costs of repairs or replacement up to the policy’s limits. Both collision and comprehensive coverage are subject to a deductible.

Liability Coverage

Liability coverage is a fundamental component of motorhome insurance and helps protect you financially if you cause an accident that results in property damage or injuries to others. It typically includes two types of coverage:

• Bodily Injury Liability: This coverage helps pay for medical expenses, legal fees, and other costs associated with injuries suffered by other people in an accident you caused.
• Property Damage Liability: This coverage assists in covering the costs of repairing or replacing the property of others that you damaged in an accident.

Snowbird Coverage

You may need special insurance as a snowbird. A snowbird, by definition, is an individual or group of people who head south during the wintertime to evade the colder months. They might go for a month or half of the year. No matter which is true, snowbirds will need special insurance protection, since their existing coverage will be impacted by travel.

Roadside Assistance

This coverage is generally included as a supplemental coverage option and may be included in specific programs. Generally, roadside assistance coverage offers coverage for if your motorhome breaks down on the road. It can cover services like towing, tire changes, battery jumps, fuel delivery, and lockout assistance. What your roadside assistance may include can vary.

Contents Coverage

Contents coverage protects personal belongings and items within your motorhome, such as furniture, electronics, appliances, clothing, and other possessions, from theft, damage, or loss. The coverage limit varies depending on your policy.

These are just some samples of what your policy could include. Discuss with your motorhome insurance broker for additional information on what is offered and what you are eligible for.

Alberta Motorhome Insurance Add-Ons

Limited Waiver of Depreciation: Forget about depreciation! Your vehicle’s value will stay the same as the day you drove off the lot.

Disappearing Deductible: Safe drivers get their deductible reduced every year without a claim. Lose your deductible after five years in a row with no claim. Even if the accident is your fault, you’ll save up to $500 on your claim.

Motorhome Insurance vs Trailer Insurance in Alberta

Motorhome insurance and trailer insurance are two different insurance policies used to protect two types of RVs. Note, a trailer is towed behind a motorized vehicle, whereas a motorhome is self propelled and therefore does not need to be towed.

The key difference here is that with a trailer that doesn’t have an engine, the insurance isn’t mandatory. Trailer insurance may include physical damage coverage, liability coverage, contents coverage, etc., the same way as a motorhome, but its coverage may be more tailored to the make of a trailer.

Motorhome insurance must have insurance per Alberta’s automobile insurance laws. Motorhome insurance may include higher liability limits depending on the usage of the motorhome and provide higher contents coverage limits, depending on the living quarters of the motorhome.

Understanding the cost of motorhome insurance in Alberta

The cost of motorhome insurance in Alberta varies from vehicle to vehicle and situation to situation. As you may already know, underwriting is done to assess risk. It may also be done to assess the total payout required based on the value of the insured property to analyze how much coverage needs to be assigned and, in turn, how much premiums need to be charged.

Some key factors that could influence the cost of your motorhome insurance include:

• Motorhome Type and Class: The type and class of your motorhome can affect insurance costs. Class A motorhomes, which are typically larger and more luxurious, often have higher insurance premiums compared to Class B or Class C motorhomes.
• Motorhome Value: The value of your motorhome is critical in assessing insurance cost. The more expensive your motorhome is, the higher its coverage limits may be, which could result in much higher premiums.
• Mileage: The more you drive your motorhome, the more its insurance will end up costing you.
• Usage: How you use your motorhome and where you take it may impact your insurance rates. Frequent use or full-time use can impact your premiums, when compared to seasonal use or occasional use.
• Coverage Options: The kind of insurance coverage you choose will impact your rates. If you choose to go with the bare minimum, your coverage will cost you less. If you choose to purchase “all the fixings,” your insurance will end up costing you more. Always work with a motorhome insurance broker to choose the right limits.
• Deductible Amount: The higher your deductible, the lower your premium. The same is true for the opposite as well. Choose a reasonable deductible for what you’re willing to pay out-of-pocket – and for what you’re capable of paying.
• Location: Where you primarily store your motorhome and factors surrounding that area – crime, weather, local insurance regulations, etc. – can influence the cost of your motorhome insurance.
• Driver’s Record: Since a motorhome is self-contained and motorized, your driving record will play a role in its insurance premiums. The worse your record, the higher your premiums.

Insurance costs for motorhomes can vary greatly. Remember that there are three different types of motorhomes that are priced very differently, and this can greatly impact the total cost of your motorhome insurance – so take the premiums of your neighbour one house over with a grain of salt! You likely won’t be paying the same as them.

For the most affordable motorhome insurance you can get, choose Acera Insurance to help you find the best quotes. We offer an easier way to get competitive motorhome insurance quotes.

Working with an Acera motorhome insurance broker

At Acera Insurance, we too understand all of the benefits that come with exploring our beautiful province via motorhome. After all, your home on wheels has all the amenities you can ask for, plus you get to park and camp in a variety of serene landscapes and settings. We want to help you maintain that peace of mind on (and off) the road with the right insurance.

Our Alberta motorhome insurance specialists offer an easier way to get competitive quotes that have been customized to you and your specific travel needs.

Here are just a few of the reasons why Alberta motorhome owners have entrusted Acera Insurance for over 60 years:

• Custom Policy Options: Snowbirds? Full-timers? Recreation-only hobbyists? Depending on your RV usage, you’ll get a policy customized to you.
• Free Personalized Policy Review: Since every policy is different—with different limits—our review ensures you have the right coverage at the right price.
• Claim Advocacy: If you have a claim, we’re here to help you through the process.

If you want to know learn some tips about recreational vehicle insurance, then our motorhome insurance brokers here at Acera Insurance have you covered. Or, if you’re ready to begin, feel free to give us call to get started.

What You Need to Know: Alberta Motorhome Insurance FAQs

If you have further questions, please contact us. Our Alberta motorhome insurance brokers will be able to address any questions and concerns. Each of our team members are experienced, professional, and undoubtedly industry-experts when it comes to insurance. We offer peace of mind with great coverage, affordable rates and sound advice.