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MH value for insurance

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11-11-2009, 11:34 PM

Trophycare

2 Rivet Member

Profile: 1962 24' Tradewind
weatherford , Texas

Posts: 30

Images: 19

Allstae, 1962 tradewind

I bought my 62 tradewind for $3500.00, I went to my agent and insured for 8k. One year later I have increased the value to 10k. I know this may be little high I restored the trailer and with picture documentation they agree to pay 10k value if a loss occurred. I asked what criteria they use. They find comps via the internet and base the value on that. Ive seen trailers from 1k - 25k in my model. With the pictures my agent feels good about the value of the trailer. I hope I never have to use the insurance. It would be nice to replace with a very similar trailer if needed.

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