RV insurance is an agreement between the owner and insurance company that protects motorhome, travel trailer, camper, fifth wheel, etc. People choose from a variety of coverages meant to protect vehicle and provide peace of mind on trips and vacations or if use RV as a permanent residence.
According to the new market research report “Global Recreational Vehicle Insurance Market Report 2023-2029”, published by QYResearch, the global Recreational Vehicle Insurance market size is projected to reach USD 9.22 billion by 2029, at a CAGR of 6.1% during the forecast period.
Figure. Global Recreational Vehicle Insurance Market Size (US$ Million), 2018-2029
Figure. Global Recreational Vehicle Insurance Top 15 Players Ranking and Market Share（Based on data of 2020, Continually updated）
The global key manufacturers of Recreational Vehicle Insurance include State Farm, GEICO, Progressive, Allstate, Allianz, AXA, Liberty Mutual, USAA, Nationwide, MAPFRE , etc. In 2020, the global top five players had a share approximately 53.0% in terms of revenue.
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