A recent study by AMA Research revealed that the RV insurance market is booming globally.
According to a press release, the study covers significant research data helpful for managers, analysts, and industry experts to help understand market trends, growth drivers, opportunities, upcoming challenges, and competitors in the industry.
The study found that key players in the RV insurance market include, Good Sam Insurance (United States), National General Insurance (Allstate) (United States), Blue Sky RV Insurance (United States), RV America Insurance (United States), Safeco Insurance (Liberty Mutual) (United States), Foremost Insurance Group (United States), Haylor, Freyer & Coon, Inc. (United States), Lazydays Holdings (United States)
RV insurance cover provides coverage plans for the collision, liability, medical expenses, uninsured motorists, etc for damage expenses.
According to the report, recreational vehicles people are hiring for vacations and trips require insurance to protect against uncertainty. RV includes motor homes, campervans, caravans, fifth-wheel trailers, and many others which can be insured under the RV insurance plans.