Good Sam Optional Replacement Cost Coverage
We have Good Sam ERS (Emergency Road Service) and received an email today.
Some of the text:
"Optional Replacement Cost Coverage(3) We give you a comparable new RV if yours is totaled or stolen, even if you're not the original owner. This protects you from depreciation you could save thousands!"
"(3) If your RV is totaled or stolen (and not recovered) in its first five model years, we'll replace it with a comparable new RV, even if you're not the original owner. After the first five model years, we'll pay your full original purchase price not a depreciated amount toward the purchase of the replacement RV. Replacement Cost Coverage must be purchased during the RV's model year or within the following four years."
Do I read that correctly? Those of us who did not purchase our A/S in it's first 5 years of existence AND their coverage are out of luck when it comes to Good Sam. We would not qualify at all? Are there other decent options?