Best Caravan Insurance Australia 2026: Top Providers and Coverage Options
Insurance Industry Shifts and Their Effect on Caravan Insurance Caravans are booming in Australia in 2026 with record growth, rising premiums and increasing demand for insurance. Tourism Research Australia recorded 15.2 million caravan and camping overnight trips in 2024 , with $14.0 billion in spend, 87–90% of which was in regional areas. National RV registrations hit 901,000 in January 2024 and BITRE’s 2025 update shows 834,220 registered caravans , up 3.8% year on year. With RV stock expected to grow from 3.11 million in 2025 to 4.21 million by 2030 (6.23% CAGR), caravan numbers will reach ~870,000–900,000 by 2026. General insurance trends impact caravan premiums. KPMG reported $68.0 billion GWP in 2024 and $6.1 billion profit after tax , while domestic motor premiums rose from $845 in 2023 to $946 in 2024 – a 12% increase. GlobalData forecasts direct written premiums to grow from $103.1b in 2025 to $146.9b by 2029 (9.2% CAGR), with motor insurance growing at 12.7% CAGR. With ...