This is Todd Ryan, Terra's Partner, and I work directly for National General Insurance as a licensed agent in most states. Just wanted to provide a little information on this topic.
First of all, as was mentioned previously, this is a very new realm for insurance companies. That being said, most companies won't cover your RV at all if they know you are renting it out. The question is why? I'm not the CEO or program manager, but here's my personal take on it. Insurance companies basically evaluate risk, and charge as little as they can to be able to be competitive in the market place, but they still have to have more money coming in than going out for claims. Since Outdoorsy is really creating this whole marketplace for us, most insurance companies don't know how to evaluate the risk appropriately, so have declined to consider the coverage. National General Insurance, the largest RV insurer nationwide, is venturing into new territory with Outdoorsy so you as an owner can have a personal insurance policy on the RV, and not have to get a commercial policy. In most cases, even if National General is a little more expensive, it will be cheaper than a commercial policy, but you could always look into some commercial policies to verify that on your own.
Also, the list of approved states is growing, so feel free to check with me periodically if yours is not on the list as of right now. Here's the list:
Alabama; California; Colorado; Florida; Idaho; Indiana; Louisiana; Maryland; Michigan; Minnesota; Missouri; Montana; Nebraska; Nevada; North Carolina; Ohio; Oklahoma; Oregon; Pennsylvania; South Carolina; Texas; Utah; Virginia; Washington; West Virginia; Arizona; Georgia; Kentucky; Kansas; New Hampshire; New Mexico; North Dakota; South Dakota
I sell RV insurance all day long. One thing to consider when purchasing a policy is how certain items will be handled by the company. State Farm, USAA, Liberty Mutual, etc, are all great companies. I hear many great things about their auto, home, and other policies on a daily basis. The fact remains, however, that they don't have true RV policies, so claims can be a little hairy with them. When your searching for insurance on your RV, you need to ask how things like personal items damaged in an accident or stolen will be handled. Usually companies without a true RV policy will make you file a home owners claim for those things. Also, vacation liability is offered on all good RV policies. There are other coverages that are important as well, however, these are things to look for to make sure you're getting a true RV Policy. Of course, National General has these and will not decline you for using Outdoorsy either. Others may follow suit, but for now National General is the only one.
What will happen in the future? I don't have a crystal ball, but here is my personal take on it. I have rented out Terra's RV to several people and they've taken care of it wonderfully. As the program grows, other companies will probably jump on the band wagon because NatGen will have shown them that this group is very insurable. My money is on Progressive for jumping into the market place next, but time will tell. In the meantime, NatGen will continue to help Outdoorsy pioneer the marketplace for personal policies on rented Rv's.
If you have any questions on the personal insurance side while you're using it, feel free to contact me directly.
National General Insurance