Reply
 
Thread Tools Search this Thread Display Modes
 
Old 07-09-2020, 11:02 AM   #1
1 Rivet Member
 
Currently Looking...
Cypress , Texas
Join Date: Sep 2016
Posts: 7
Insurance Deductibles

We are expecting our new (and first!) Airstream in mid-August and have been shopping for insurance. Most deductibles are either $1000, $2500, or $5000. We are curious about others' experience with deductibles and what you would recommend. Obviously, the lower the deductible the lower the premium and we are looking at anywhere from $850/yr to $1300/yr for a 2021 27FB Globetrotter.

Thanks!
__________________

LeslieMc is offline   Reply With Quote
Old 07-09-2020, 11:13 AM   #2
1 Rivet Member
 
Currently Looking...
Mattawan , Michigan
Join Date: May 2020
Posts: 11
Quote:
Originally Posted by LeslieMc View Post
We are expecting our new (and first!) Airstream in mid-August and have been shopping for insurance. Most deductibles are either $1000, $2500, or $5000. We are curious about others' experience with deductibles and what you would recommend. Obviously, the lower the deductible the lower the premium and we are looking at anywhere from $850/yr to $1300/yr for a 2021 27FB Globetrotter.

Thanks!
We just got a 2020 GT 27FB a few weeks ago...
we pay 45$/month with 500$ deductible... but that's because being very fortunate to get it into a group/fleet insurance... but I looked around as well and your quotes are pretty spot on what I got... I believe Progressive was the cheapest among them...
__________________

ZeGermans is offline   Reply With Quote
Old 07-09-2020, 11:27 AM   #3
1 Rivet Member
 
Currently Looking...
Cypress , Texas
Join Date: Sep 2016
Posts: 7
Quote:
Originally Posted by ZeGermans View Post
We just got a 2020 GT 27FB a few weeks ago...
we pay 45$/month with 500$ deductible... but that's because being very fortunate to get it into a group/fleet insurance... but I looked around as well and your quotes are pretty spot on what I got... I believe Progressive was the cheapest among them...
Thank you! You have a GREAT rate!
LeslieMc is offline   Reply With Quote
Old 07-09-2020, 12:19 PM   #4
2 Rivet Member

 
2020 23' Flying Cloud
Cleveland , Ohio
Join Date: May 2020
Posts: 61
$375 annually $2k deductible
matthewk is offline   Reply With Quote
Old 07-09-2020, 03:05 PM   #5
1 Rivet Member
 
Currently Looking...
Cypress , Texas
Join Date: Sep 2016
Posts: 7
Quote:
Originally Posted by matthewk View Post
$375 annually $2k deductible
Thanks. Can you please share which carrier you use and the size and age of your Airstream?
LeslieMc is offline   Reply With Quote
Old 07-09-2020, 03:29 PM   #6
2 Rivet Member

 
2020 23' Flying Cloud
Cleveland , Ohio
Join Date: May 2020
Posts: 61
Quote:
Originally Posted by LeslieMc View Post
Thanks. Can you please share which carrier you use and the size and age of your Airstream?
StateFarm, 2021, Flying Cloud 23FB.

I have Home, two Cars, 3000 bottles of wine, jewelry, $2m liability umbrella and the airstream all with them. The multi-line discounts help drive the costs down.
matthewk is offline   Reply With Quote
Old 07-09-2020, 03:33 PM   #7
3 Rivet Member
 
pjshier's Avatar
 
2017 27' International
Wasilla , Alaska
Join Date: Feb 2018
Posts: 180
Alaska rates

State Farm $392/yr; $500 deductible; great claims service following our attempted break-in while in storage.
__________________
2017 Int'l Serenity 27FB
2017 F350 oil burner
pjshier is offline   Reply With Quote
Old 07-10-2020, 01:13 PM   #8
1 Rivet Member
 
Currently Looking...
Cypress , Texas
Join Date: Sep 2016
Posts: 7
Quote:
Originally Posted by matthewk View Post
StateFarm, 2021, Flying Cloud 23FB.

I have Home, two Cars, 3000 bottles of wine, jewelry, $2m liability umbrella and the airstream all with them. The multi-line discounts help drive the costs down.
Thank you. We are bundling as well. I think the issue is that we are looking getting quotes for total loss/replacement insurance which you can only get in the first few years of ownership. May not be worth it.
LeslieMc is offline   Reply With Quote
Old 07-10-2020, 01:57 PM   #9
1 Rivet Member
 
Currently Looking...
Cypress , Texas
Join Date: Sep 2016
Posts: 7
Thank you!
LeslieMc is offline   Reply With Quote
Old 07-10-2020, 02:02 PM   #10
1 Rivet Member
 
Currently Looking...
Cypress , Texas
Join Date: Sep 2016
Posts: 7
Thanks! Is your coverage full replacement or regular coverage? We are trying to determine if the full replacement coverage is worth it.
LeslieMc is offline   Reply With Quote
Old 07-10-2020, 02:02 PM   #11
Moderator
 
jcanavera's Avatar

 
2004 30' Classic Slideout
Fenton , Missouri
Join Date: Mar 2002
Posts: 9,540
Images: 143
Send a message via AIM to jcanavera Send a message via Skype™ to jcanavera
I have stand alone policy for the trailer with Progressive. It has a feature called disappearing deductible that lowers the deductible with each year of claim free driving. My deductible was $500 and each year after no claims, the deductible was reduced by $100. By year 5 i qualified for $0 deductible status and after 18 years I'm still at that level.

Other features are road service for the trailer and the tow vehicle. If the tow vehicle is disabled while on a trip, I receive towing for both the tow vehicle and the trailer.

Finally on a new trailer if it is totaled in first five years of ownership, Progressive will replace it with like kind, no matter the cost. Beginning year six the policy transitions to a guaranteed value basis that if your trailer is totaled, you will get a check for the original purchase amount of your trailer. When I first got my 2004 30' Classic slide out the premium was about $58 each month. I think it's about $92 a month over 17 years later. Not cheap but I do find comfort in knowing I'll never have to fight over a settlement if it's totaled, and knowing that Progressive would be on the hook for $70K if that trailer is totaled, I have a lot of confidence that I would stand a better chance of being able to get the trailer repaired if significant damage occurs.

Jack
__________________
Jack Canavera
STL Mo.
AIR #56
'04 Classic 30' S.O.,'03 GMC Savana 2500,'14 Honda CTX 700
jcanavera is offline   Reply With Quote
Old 07-10-2020, 02:22 PM   #12
Rivet Master
 
Boxite's Avatar
 
2008 22' Sport
Spicewood (W of Austin) , Texas
Join Date: Mar 2015
Posts: 1,719
You stated it in reverse... the lower the deductible the HIGHER the premium.

We consider insurance to be like a life-preserver.... we buy it to save us from overwhelming loss or injury... not to fix every little inconvenience. Since a $1K injury wonít strain our budget, thatís the deductible we carry on everything.
Boxite is offline   Reply With Quote
Old 07-10-2020, 02:36 PM   #13
Moderator
 
jcanavera's Avatar

 
2004 30' Classic Slideout
Fenton , Missouri
Join Date: Mar 2002
Posts: 9,540
Images: 143
Send a message via AIM to jcanavera Send a message via Skype™ to jcanavera
Quote:
Originally Posted by Boxite View Post
You stated it in reverse... the lower the deductible the HIGHER the premium.

We consider insurance to be like a life-preserver.... we buy it to save us from overwhelming loss or injury... not to fix every little inconvenience. Since a $1K injury won’t strain our budget, that’s the deductible we carry on everything.
I think you may have mistook what I was trying to explain. I commented that the deductible co pay was lowered every year for being claim free. Typically in a standard policy that has fixed deductibles, the lower the deductible you choose the more it costs you. My policy had the same criteria.

In the case of my policy, my premium for my collision deductible wasn't increased as long as I stayed claims free. The deductible out of pocket however was being reduced as a reward for safe driving. If I had made a claim, the following year my deductible would have returned back to the policy term of $500 and you would start over the process, with each year that co pay being lowered if you made no claims.

Jack
__________________
Jack Canavera
STL Mo.
AIR #56
'04 Classic 30' S.O.,'03 GMC Savana 2500,'14 Honda CTX 700
jcanavera is offline   Reply With Quote
Old 07-11-2020, 03:49 PM   #14
1 Rivet Member
 
Currently Looking...
Cypress , Texas
Join Date: Sep 2016
Posts: 7
Quote:
Originally Posted by jcanavera View Post
I think you may have mistook what I was trying to explain. I commented that the deductible co pay was lowered every year for being claim free. Typically in a standard policy that has fixed deductibles, the lower the deductible you choose the more it costs you. My policy had the same criteria.

In the case of my policy, my premium for my collision deductible wasn't increased as long as I stayed claims free. The deductible out of pocket however was being reduced as a reward for safe driving. If I had made a claim, the following year my deductible would have returned back to the policy term of $500 and you would start over the process, with each year that co pay being lowered if you made no claims.

Jack
Super helpful....thank you!
LeslieMc is offline   Reply With Quote
Old 07-11-2020, 04:25 PM   #15
2 Rivet Member
 
2019 19' Flying Cloud
2006 16' International CCD
Front Range , CO
Join Date: Jan 2006
Posts: 84
I have been using Geico for my 2018 Ram 2500 Power Wagon and added my 19FC to the policy when I purchased it this past January.

For 6 months coverage I am paying $430.

The break down on the Airstream side of my policy is...

$10 Emergency Road Assistance
$170 Comprehensive Total Loss Replacement Cost ($500 deductible)
$240 Collision Total Loss Replacement Cost ($500 deductible)
$10 RV Medical ($1,000)
$0 Emergency Expense ($1,000)
$0 Replacement Cost Personal Effects ($5,000)
$0 Vacation Liability Coverage ($10,000)

I don't even know what some of these things are. I'm probably getting ripped off. I think I need to research and modify before I renew.
__________________

trailerpup is offline   Reply With Quote
Reply


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
Insurance Question Edie Insurance & Claims 6 05-29-2020 10:19 AM
Vintage Trailer Insurance Stougard Insurance & Claims 66 12-27-2019 08:10 AM
General Insurance and Public Liability Insurance for Airstreams in UK Elizabetha Our Community 0 04-12-2015 04:26 AM
Trailer Insurance at one company, Auto Insurance at a different one Scott J-24 Insurance & Claims 13 04-07-2011 06:43 AM
Insurance for 1984 31ft Excella dscluchfc Insurance & Claims 10 01-03-2005 10:55 AM


Featured Campgrounds

Reviews provided by

Disclaimer:

This website is not affiliated with or endorsed by the Airstream, Inc. or any of its affiliates. Airstream is a registered trademark of Airstream Inc. All rights reserved. Airstream trademark used under license to Social Knowledge LLC.



All times are GMT -6. The time now is 04:35 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.