You’ve decided to list your RV or camper van for rent—what an exciting endeavor! You’ve considered the benefits, know you can make money renting your vehicle, and are now ready to dive in headfirst.
But it’s not quite as simple as just listing your RV and waiting for your first rental. There are several factors that go into successfully renting out your RV, and we want to make sure you’re prepared.
An RV owner myself, I’ve rented out my van and have many friends in the industry who have rented their RVs and motorhomes for years as well. Although it may require some organization and grunt work in the beginning, it will get easier the more you do it (and offset your RV payment)!
So, how do you maneuver your new RV business for optimal success? I’ve compiled 20 tips for successfully renting out your RV!
1. Secure Sufficient Insurance Coverage
One of the first things you should do when renting out your RV is acquire proper owners insurance for your vehicle, whether it be a Class A, B, C, or travel trailer. You don’t want to rent your RV without first having comprehensive insurance. This lightens the liability on RV owners and ensures coverage should an accident or damage occur during a rental.
Your RV insurance should include coverage against theft, loss, and accidents. Be sure to include liability, comprehensive collision coverage, and under/uninsured motorist coverage.
When deciding on insurance while renting out your RV, it’s worth it to pay for quality insurance. Spending a little more money now can help you save money in the case of an incident while it’s being rented out.
Note that not all auto insurance companies allow you to rent our your vehicle or cover other drivers. Be sure to go through a company like Roamly that allows you to rent out your RV and even partners directly with RV rental sites like Outdoorsy and RVshare.
Check out the best RV insurance companies here, which cover motorhomes, vans, travel trailers, and more!
2. Increase your Amenities
Consider upgrades that help make your vehicle more marketable.
For example, some people may want to bring their bikes along on their journey. Adding a tow/bike hitch costs under $200 and can increase the demand for your vehicle.
Another great amenity is an awning. Since most outdoor travelers are chasing good weather, having shade outside the RV makes for a much more pleasant spring or summer experience! You can even beef up your tires with more seasonally diverse options or…
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