After some searching, I'm leaning toward not buying insurance for a 1986 Sovereign
25, worth about $15 -18k. Owned for 4 years
Appraisal to get to agreed value: $200-250?
Insurance = $250-350 per year.
Deductible $1,000, Some quotes don't cover any interior items.
After 5 years, I'll have spent $1,250, trailer would have depreciated a bit more.
Am I the only one saying it's not really worth it? Cash value would pay about $2000, definitely not worth it.
Anyone else look at numbers like these and think "I'll take my chances?"