What Happens If You Rent Out Your RV? Insurance Tips for RV Owners

Renting out your RV can be a great way to earn extra income, especially with the growing demand for recreational travel. However, before you hand over the keys, it’s important to understand how renting your RV may affect your insurance coverage and what steps you can take to protect yourself, your vehicle, and your renters.

Understanding Insurance Implications

When you rent out your RV, your standard RV insurance policy may not provide coverage during the rental period. Most personal RV policies are designed for personal use only, and renting your vehicle to others is often considered a commercial activity. This can create coverage gaps that leave you financially vulnerable if an accident or damage occurs while your RV is being rented.

Potential Coverage Gaps

• Liability Risks—If a renter causes an accident, you could be held responsible for injuries or property damage.
• Physical Damage—Damage to your RV while it’s rented out may not be covered by your personal policy.
• Loss of Income—If your RV is damaged and can’t be rented, you may not have coverage for lost rental income.

Best Practices for Renting Out Your RV

To help protect yourself and your investment, consider these tips:

• Review your policy. Check with your insurance provider to see if your current policy covers rentals.
• Explore rental-specific coverage. Some insurers offer RV rental insurance or endorsements that extend coverage during rentals.
• Use reputable rental platforms. Many peer-to-peer RV rental platforms offer insurance options for owners and renters.
• Screen renters carefully. Verify driver qualifications and require security deposits.
• Document the RV’s condition. Take photos and keep records before and after each rental.

How We Can Help

The team at Apple Insurance Agency in Lake Jackson, TX specializes in RV insurance and can help you find the right coverage for your needs. We’ll review your current policy, explain your options for rental coverage, and recommend solutions so you can rent out your RV with peace of mind.

Contact us today to discuss your insurance options.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.