The Real Reason Your RV Park Premiums Keep Going Up

RV park owners across Texas and Louisiana continue to see insurance premiums rise, even when operations remain stable and claims are limited. While these increases can feel sudden, they are largely driven by broader property risks that have intensified across the region.

Understanding what is driving these changes and how insurers evaluate RV parks today can help owners make informed decisions about coverage and cost control.

Property Risks Driving Higher Rates

Several key exposures are contributing to increased property insurance costs for RV parks.

Wildfire risk. Extended heat, dry conditions, and vegetation growth have increased wildfire concerns in many parts of Texas. Even parks outside traditionally high-risk areas may be affected by nearby grass or brush fires.

Wind and hail events. Severe storms continue to cause widespread damage throughout Texas and Louisiana. RV parks often have open layouts, light structures, and utility infrastructure that can be especially vulnerable to wind and hail losses.

Flood exposure. Flooding remains one of the most costly risks in the region. Heavy rainfall, drainage challenges, and storm surge can impact parks both inside and outside designated flood zones.

These risks influence how insurers price coverage across entire regions, not just individual properties with recent claims.

Why Property Coverage Still Matters

With premiums increasing, some RV park owners question whether maintaining property coverage is worth the cost. However, the potential financial impact of a major loss often outweighs the expense of insurance.

Severe weather events can result in:

• Extensive property damage
  
  
• Temporary or prolonged closures
  
  
• Displaced tenants and lost income
  
  

Property coverage helps protect the long-term financial stability of an RV park when unexpected losses occur.

Steps That Can Help Manage Risk and Cost

While weather-related risks cannot be eliminated, proactive management can improve how a park is viewed by insurers. Helpful practices include:

• On-site management to monitor conditions and respond quickly to issues
  
  
• Routine inspections of utilities, electrical systems, roads, and common areas
  
  
• Accurate property valuation to ensure coverage reflects current replacement costs
  
  

Clear documentation and consistent maintenance can help reduce claim frequency and support more favorable underwriting outcomes.

Next Steps

Insurance costs are changing, but options remain available.

Get in touch with us to better understand how your RV park can be positioned in today’s insurance environment while maintaining appropriate protection.