Whether you’ve bought a full-size motorhome or a weekender campervan, insurance is one of the ongoing costs that catches people out. So how much does motorhome and campervan insurance cost in Australia? Premiums vary widely with the vehicle’s value, how it’s used and where it’s kept — this 2026 guide sets out the typical ranges and the levers that move the price.
Quick answer
As a rough guide, campervan insurance often runs from around $800 to $2,000+ a year, and motorhome insurance from around $1,200 to $3,500+ a year, depending on the vehicle’s value, type, usage and your driving history. High-value or full-time-living rigs sit above these ranges; occasional-use, lower-value vans sit below.
Typical premium ranges (2026 guide)
| Vehicle type | Typical annual premium | Main drivers |
|---|---|---|
| Campervan (small, occasional use) | ~$800 – $1,500 | Value, agreed vs market value, storage |
| Campervan (larger / frequent use) | ~$1,200 – $2,200 | Kilometres, contents, modifications |
| Motorhome (mid-value) | ~$1,200 – $2,500 | Value, size/class, usage |
| Motorhome (high-value / full-time) | ~$2,500 – $3,500+ | Full-time living, high value, contents cover |
Estimates only — actual premiums depend on the insurer, your circumstances and the cover you choose. Always get a current quote.
What drives the cost
The biggest factors insurers weigh up are the vehicle value and type (agreed value vs market value changes both premium and payout), how it’s used (weekends away cost less than full-time living), where it’s stored (a locked garage or secure site usually beats street parking), your driver profile (age, licence and claims history), contents and modifications (awnings, solar, fit-outs and personal effects add cover and cost), and your excess (a higher voluntary excess typically lowers the premium).
Agreed value vs market value
This choice matters for motorhomes and campervans. Agreed value locks in a set payout you and the insurer agree on — more certainty, usually a higher premium. Market value pays what the vehicle is worth at claim time — cheaper premium, less certainty. For a fitted-out or appreciating rig, agreed value is often worth the extra.
How to lower your premium
Store the vehicle securely and fit anti-theft devices; choose a sensible excess you could actually afford at claim time; review cover annually rather than auto-renewing; keep your kilometres and usage accurate; and compare like-for-like — the cheapest quote isn’t always the right cover.
Related leisure insurance guides
Insuring more than one toy? See our cost guides for boat insurance and jet ski insurance, or explore the full range on our leisure insurance hub.
Get help finding the right cover
Not sure which cover level fits your rig and how you travel? Get in touch and we’ll help you compare options that suit your motorhome or campervan.
Frequently asked questions
How much does motorhome insurance cost in Australia?
As a guide, motorhome insurance often ranges from about $1,200 to $3,500+ a year, depending on the vehicle’s value, size, how it’s used and your driving history. High-value or full-time-living motorhomes cost more to insure.
How much is campervan insurance?
Campervan insurance commonly runs from around $800 to $2,000+ a year. Smaller, occasional-use vans sit at the lower end; larger or frequently used vans with contents cover sit higher.
Is motorhome insurance more expensive than car insurance?
Often yes, because motorhomes are higher value, larger and may include living contents and fit-outs. However, lower annual kilometres and secure storage can offset some of that cost.
Should I choose agreed value or market value?
Agreed value gives a set, agreed payout and more certainty, usually at a higher premium. Market value is cheaper but pays only what the vehicle is worth at claim time. Fitted-out rigs often suit agreed value.
Does full-time living in a motorhome cost more to insure?
Yes. Full-time living increases usage and contents exposure, so insurers typically charge more and may require specific full-time cover.
This article is general information only and does not take into account your personal circumstances or constitute financial or insurance advice. Car Buyers Assist helps connect you with providers and does not underwrite insurance. Cover, premiums and terms vary by insurer — always read the PDS and get a current quote before deciding.