Thread Tools Search this Thread Display Modes
Old 02-12-2007, 06:05 PM   #1
2 Rivet Member
1976 31' Sovereign
St Petersburg , Florida
Join Date: Dec 2006
Posts: 65
Insurance in Florida

Anyone know of a company who writes "Stated Value" insurance on a vintage AS in Florida.


DreamWeaver is offline   Reply With Quote
Old 02-13-2007, 07:45 AM   #2
2 Rivet Member
WhiteyFord's Avatar
2007 27' Classic FB
Beaver Creek , Colorado
Join Date: Aug 2004
Posts: 57
Originally Posted by DreamWeaver
Anyone know of a company who writes "Stated Value" insurance on a vintage AS in Florida.

In your definition of "Stated Value" insurance, is your expectation of an insurance company to pay a settlement based upon the "Stated Value" in the event of a total loss? If this is your expectation, you may be disappointed. Most insurance companies use stated value as the basis from which to determine a rate to charge for the amount of protection afforded. In the event of a loss, the settlement basis is the actual cash value (ACV) at the time of the loss. In the event of a loss, the company will pay to fix the damage or the actual cash value at the time of the loss, whichever is less (less the deductible). Your settlement, in the event of a loss, could very well be the "stated amount" depending on the condition of your unit at the time of the loss.
Also, before you ask a company to insure your restored Airstream, you should have complete documention supporting the "stated value". Your documentation will help an adjustor determine the actual cash value at the time of your loss.

In any event, make certain you read the section of the policy that defines how a loss is settled.

I seriously doubt whether there is an insurance company that will provide a policy that will pay a settlement based upon your "stated amount". If there is, you will likely have to go through an agency that is a surplus lines broker and they will want lots and lots of documentation as well as appraisals. If there is such a company to pay a "stated amount", it would be a company such a Lloyd's of London and the premium would be much higher than a settlement basis using ACV.

WhiteyFord is offline   Reply With Quote
Old 02-13-2007, 08:51 AM   #3
moosetags's Avatar

2015 25' FB Flying Cloud
2012 23' FB Flying Cloud
2005 25' Safari
Santa Rosa Beach , Florida
Join Date: Jul 2006
Posts: 10,381
Images: 5
I would try Haggerty Specialty Insurance. I have several antique automobiles insured through them. They also insure vintage boats. All of my vintage vehicles are insured for a specific agreed value (stated Value). Since you have a vintage Airstream, Haggerty might take you on. You can reach them at 1-800-922-4050.
SuEllyn & Brian McCabe
WBCCI #3628 -- AIR #14872 -- TAC #FL-7
2015 FC 25' FB (Lucy) with HAHA
2005 Suburban 2500 Quadrasteer (Olivia) & 2011 Silverado 3500 (Fred) with Outfitter Truck Camper (Ethel)
moosetags is online now   Reply With Quote
Old 02-13-2007, 09:13 AM   #4
GStephens's Avatar
1982 31' Limited
1953 25' Cruiser
Hamilton , Texas
Join Date: Apr 2004
Posts: 563
Images: 15
Progressive has three levels of insurance. The top level is "Agreed Value" based upon an appraisal which guarantees a certain value for catastrophic loss of your unit without any worry of depreciation. They are the only one to my knowledge that has that level of coverage for vintage units. Go to their website and read carefully the choices shown.
GStephens is offline   Reply With Quote
Old 02-13-2007, 05:56 PM   #5
2 Rivet Member
1976 31' Sovereign
St Petersburg , Florida
Join Date: Dec 2006
Posts: 65
Thanks for the quick response. I suppose I ment "Agreed Value". There appear to be companies who will write a policy on a mutually agreed value.

Progressive's definition is as follows:
Agreed Value: Protects your investment on RV's whose actual cash value is not easily determined through traditional methods recently purchased. The total loss payout is the Agreed Value as reflected on the declarations page. Proof of value is required for this option. For RV's purchased within the last two years, proof is the purchase documents (purchase price, without tax, title and license fees). For RV's purchased more than two years ago, the proof is an appraisal.

Progressive's web site provided me with a quote of $337.34/yr for a policy with a maximum insured value of $18,000 for physical damage.

I will research further to determine how a claim is handled.

I have had Progressive before, and when an employee totalled a truck, they were quick to pay, and I felt fair.

DreamWeaver is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Vintage Trailer Insurance Stougard Insurance & Claims 62 03-28-2016 01:54 PM
Insurance for 1984 31ft Excella dscluchfc Insurance & Claims 10 01-03-2005 10:55 AM
Florida RV Condominium Resorts Cracker On The Road... 4 04-19-2004 06:50 PM
Does any insurance pay for towing a tt? Kistler Our Community 9 11-28-2002 08:11 PM
Insurance Question Edie Insurance & Claims 5 04-07-2002 03:10 PM

Virginia Campgrounds

Reviews provided by

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 11:30 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, Jelsoft Enterprises Ltd.

Airstream is a registered trademark of Airstream Inc. All rights reserved. Airstream trademark used under license to Social Knowledge LLC.