Free 7 Day Trial RV GPS App RV Trip Planner Campground Reviews RV Maintenance Free 7 Day Trial ×
 


Reply
 
Thread Tools Search this Thread Display Modes
 
Old 01-13-2016, 12:25 PM   #1
2 Rivet Member
 
2005 28' Classic
Moutain Center , California
Join Date: Feb 2015
Posts: 27
Time to renew insurance - HELP!

Last year my insurance company charged me $117 - this year they want $521!

So, I've been doing research....First of all I'm told (by an agent that represents several RV insurance companies) that if the rig is 5 yrs old or less, and has a total loss, the insurance co. will reimburse what you paid for it. That does not apply in my case with a 2005. In my case, with a total loss, with standard insurance, the ins. co. will start with low NADA, which is $13,800 and start subtracting from there (for what I don't know?) having their appraiser look at it.

To replace my trailer with a comparable, clean, barely used 2005 28' Wide Body Classic Airstream would cost more than double what the insurance companies are willing to reimburse - maybe even close to triple!

Now there is the possibility of doing what they refer to as "Agreed Value" insurance where I would supply a copy of my bill of sale, and they would agree it's worth that. However, not all insurance companies will do agreed value, and the one (Allied) that I could find for a reasonable price, has restrictions I'm not willing to put up with, for example, they won't cover awning replacement or damage under any circumstances because awnings are the most common item to have a problem with - so why would I not want my awning covered by insurance? They also won't cover what they refer to as "glass". The agent refuses to put anything in writing and will not respond to emails to answer my questions, he just calls me and gives me "lip service", which makes me very uncomfortable. Do I go to court when something isn't covered and say "the agent told me on the phone....." that wouldn't hold up.

Now, I'm back to square one thinking that I'm going to have to settle for insurance that will only reimburse me alittle more than 1/3 what my rig is worth if there is a total loss, or deal with insurance that doesn't cover the basics - glass and awning! At this point, I'm frustrated and just don't know what to do! HELP!
CJ Winch is offline   Reply With Quote
Old 01-13-2016, 12:41 PM   #2
Rivet Master
 
lsbrodsky's Avatar

 
2012 25' FB International
Trent Woods , North Carolina
Join Date: May 2013
Posts: 3,121
I used to really get angry about insurance until I finally accepted that insurance is not really for making claims; it is for a total loss. That applies to your home, trailer, cars, and anything else. Make claims and they raise your rates or cancel you.
Now with that said, you just have to decide how much you want to pay for coverage and whether that is replacement cost depreciated or agreed upon value. Your quote is close to all of the quotes I have received; I have found Nationwide to be the lowest for me.
Larry
lsbrodsky is offline   Reply With Quote
Old 01-13-2016, 12:49 PM   #3
Rivet Master
 
dznf0g's Avatar
 
2007 30' Classic
Oswego , Illinois
Join Date: Jul 2010
Posts: 11,367
Images: 5
My Allied policy does not exclude awnings nor windows and is Agreed Value. The Comprehensive portion went up about $100 this year.

Like Larry says...would I make a claim for $1000....NO. Deductible is 500, so I get dropped or premium slammed for them paying $500???? I probably wouldn't claim $1500 damage.

I did make a $3700 claim to another company back in 2010 on the AS. That company paid well, minus $500 deduct and were happy to double my premium the next year....so I said bye-bye.
__________________
-Rich-

"If the women don't find you handsome, they should at least find you handy." - Red Green
dznf0g is offline   Reply With Quote
Old 01-15-2016, 03:49 PM   #4
2 Rivet Member
 
2005 28' Classic
Moutain Center , California
Join Date: Feb 2015
Posts: 27
I don't know why Allied will not cover awnings or glass, maybe that is something new, but I did confirm it with my agent. I called Nationwide and they will not do agreed value unless the vehicle was purchased within the last 13 months. 13.5 months in my case, but they will not make an exception. Nationwide will only do low NADA, which, again is only $13,800. Starting tomorrow we are uninsured. I have no idea what to do.
CJ Winch is offline   Reply With Quote
Old 01-15-2016, 04:23 PM   #5
Rivet Master
 
Al and Missy's Avatar
 
2002 30' Classic S/O
Fleming Island , Florida
Join Date: Nov 2013
Posts: 4,200
Progressive will do agreed value, but $521 may not be that far out of line. Call/log on to Progressive and get a quote.

Al
__________________
“You cannot reason someone out of a position they have not been reasoned into"
Al, K5TAN and Missy, N4RGO WBCCI 1322
2002 Classic 30 Slideout -S/OS #004
2013 Dodge 2500 Laramie 4x4 Megacab Cummins
Al and Missy is offline   Reply With Quote
Old 01-15-2016, 04:43 PM   #6
Figment of My Imagination
 
Protagonist's Avatar
 
2012 Interstate Coach
From All Over , More Than Anywhere Else
Join Date: Dec 2011
Posts: 10,868
Trailer insurance is not legally required in ANY state, unlike motor vehicle insurance. So you don't have to quit using your trailer if it's uninsured— unlike a motorhome that requires insurance to be street-legal.

That means you can take your time and shop around for the best coverage available for the price you're willing to pay. The risk associated with having your trailer uninsured for a few days— or a couple of weeks— is relatively small as long as you exercise a modicum of care with it, so don't get too stressed.
__________________
I thought getting old would take longer!
Protagonist is offline   Reply With Quote
Old 01-15-2016, 08:54 PM   #7
Rivet Master
 
Currently Looking...
Mission , Texas
Join Date: Jun 2015
Posts: 836
Time to renew insurance - HELP!

Quote:
Originally Posted by Protagonist View Post
Trailer insurance is not legally required in ANY state, unlike motor vehicle insurance. So you don't have to quit using your trailer if it's uninsured— unlike a motorhome that requires insurance to be street-legal.

Reference please for the no trailer insurance required part.
Thx!
nrgtrakr is offline   Reply With Quote
Old 01-15-2016, 09:45 PM   #8
Figment of My Imagination
 
Protagonist's Avatar
 
2012 Interstate Coach
From All Over , More Than Anywhere Else
Join Date: Dec 2011
Posts: 10,868
Quote:
Originally Posted by nrgtrakr View Post
Reference please for the no trailer insurance required part.
Trailer Insurance | DMV.org
and Trailer Insurance: Is It Really Required?

There are at least two exceptions I'm aware of:
1 - Commercial trailers usually must be insured so if your Airstream has been converted to a food cart, it probably needs to be insured.
2 - If the trailer is financed, the finance company can require you to insure it, to cover their butts if you wreck it.
But for a recreational trailer that is fully paid for, you don't have to insure it if you don't want to.

Ultimately your own State's Department of Motor Vehicles is the final authority, so don't take my word for it. Check with them.
__________________
I thought getting old would take longer!
Protagonist is offline   Reply With Quote
Old 01-15-2016, 10:26 PM   #9
Rivet Master
 
Shacksman's Avatar
 
1960 28' Ambassador
Vintage Kin Owner
1998 25' Safari
Avonton , Ontario
Join Date: Sep 2005
Posts: 1,314
My insurance is having more then 1 trailer. If I wreck I can go home and get another to use. It's been this way for 15 years and I figure I have saved enough to afford to lose one.
__________________
Doug & Terry
VAC - TAC ON-1
60 Ambassador Int.
1950 Spartan
1966 Globetrotter
Shacksman is offline   Reply With Quote
Old 01-15-2016, 10:57 PM   #10
4 Rivet Member
 
Adiredneck's Avatar
 
2014 27' FB Classic
Cambridge , New York
Join Date: May 2014
Posts: 415
Images: 8
What Protagonist has told you is true. In reality, your trailer insurance is only for physical damage (collision and comprehensive - i.e. fire, theft, vandalism, tree falls on it, etc.), and is not required in any state that I know of (check yours, to be sure - Cali has some strange laws...!). Required liability insurance - coverage for bodily injury and property damage that you cause to others - is part of the personal automobile policy that you have on your tow vehicle - and automatically extends to any non-commercial trailer hitched thereto. As pointed out above, think of trailer insurance as a catastrophic coverage, not a maintenance policy.
__________________
"Hot meals, cold beer, dry bed & flush toilet - everything I look for in a wilderness experience..."
Adiredneck is offline   Reply With Quote
Old 01-16-2016, 08:51 AM   #11
2 Rivet Member
 
2005 28' Classic
Moutain Center , California
Join Date: Feb 2015
Posts: 27
The quotes I've gotten for agreed value are around $275.00, but that was before I knew that my bill of sale had to be less than 13 months old. National General (Good Sam) will insure for NADA replacement value ($13,800) for $148/yr. I'm beginning to think that getting something rather than nothing is the way to go. One big concern I have about being uninsured is running into a hail storm!
CJ Winch is offline   Reply With Quote
Old 01-16-2016, 09:02 AM   #12
Rivet Master
 
Currently Looking...
Mission , Texas
Join Date: Jun 2015
Posts: 836
Quote:
Originally Posted by Protagonist View Post
Trailer Insurance | DMV.org
and Trailer Insurance: Is It Really Required?

There are at least two exceptions I'm aware of:
1 - Commercial trailers usually must be insured so if your Airstream has been converted to a food cart, it probably needs to be insured.
2 - If the trailer is financed, the finance company can require you to insure it, to cover their butts if you wreck it.
But for a recreational trailer that is fully paid for, you don't have to insure it if you don't want to.

Ultimately your own State's Department of Motor Vehicles is the final authority, so don't take my word for it. Check with them.

Thanks!
nrgtrakr is offline   Reply With Quote
Old 01-16-2016, 10:47 AM   #13
2 Rivet Member
 
1974 Argosy 24
Hollywood , California
Join Date: Jul 2011
Posts: 35
Insurance

Insurance began as an innovative way to reduce extraordinary risks, like sailing to America to pick up some spices. It has slowly morphed into what is now the biggest scam ever. It is essentially like Bernie Madoff times 10,000!
Life is full of risks. Don't be afraid to live with them. Just have a stash of money that is yours to cover some emergencies. Look who owns EVERYTHING! Big insurance. They own Donald Trump because they own the banks that own Donald Trump. Stop feeding the monster!!!
Cleareye is offline   Reply With Quote
Old 01-16-2016, 10:52 AM   #14
2 Rivet Member
 
Currently Looking...
albuquerque , New Mexico
Join Date: Dec 2014
Posts: 41
TT insurance

Quote:
Originally Posted by CJ Winch View Post
The quotes I've gotten for agreed value are around $275.00, but that was before I knew that my bill of sale had to be less than 13 months old. National General (Good Sam) will insure for NADA replacement value ($13,800) for $148/yr. I'm beginning to think that getting something rather than nothing is the way to go. One big concern I have about being uninsured is running into a hail storm!
National General also returns partial premium when you winterize and you still maintain coverage.
splintair is offline   Reply With Quote
Old 01-16-2016, 10:53 AM   #15
Rivet Master
 
kdickinson's Avatar
 
Currently Looking...
Taos , New Mexico
Join Date: Oct 2014
Posts: 566
I do have insurance but it is for total loss only. I have it insured for about what I figure I have in it and am not trying to put some imaginary value on it on what I think I might be able to sell it for. I have a separate umbrella policy for liability which covers me for liability related incidents involving vehicles I own, incidents / injuries on land I own, and if my trailer somehow rolls off on its own and hurts someone (which has probably happened sometime somewhere and sometime in the history of trailers but I don't know). My insurance is about $120 / year for the trailer but I have no idea if this will change in 2016. I have a little cargo trailer that is not insured. I will say this - having lived in Houston, TX for 20 years and seeing the destruction flooding can cause I've always carried flood insurance even though I've never lived in a flood zone. My flood insurance in Colorado where I now live has gone from $180 to $360 and I expect it to keep going up but it is still the cheapest insurance you can buy!
kdickinson is offline   Reply With Quote
Old 01-16-2016, 10:54 AM   #16
2 Rivet Member
 
1998 28' Excella
Little Rock , Arkansas
Join Date: Jun 2006
Posts: 29
Have you tried AAA?

I almost went with them. They were very reasonable--more so than State Farm which I stayed with.
Gillpine is offline   Reply With Quote
Old 01-16-2016, 11:01 AM   #17
3 Rivet Member
 
1Boyscout's Avatar
 
2015 28' International
Edmond , Oklahoma
Join Date: Jan 2015
Posts: 122
Blog Entries: 3
CJ, Have you checked with Hartford?

I have a 2015 INTL Serenity AS. Both my cars and trailer are on the same policy.
I have used them since 2005. My insurance is $115. Hartford has my house too.

Jan 2006 I cut a corner to sharp and scraped the lower 24" of the side of my TT Jayco from front corner to the front of the back wheel. I called them, and took it to the local Jayco dealer.
The agent came out on Tuesday the next day. Thursday 2 days later I received a check for $4700, and I paid the $500 deductible. I have never seen a Ins company that acted the fast. It is worth a call.
1Boyscout is offline   Reply With Quote
Old 01-16-2016, 11:13 AM   #18
Fuil-Timers
 
DreamStreamr's Avatar
 
2005 25' International CCD
Pine Swamp , North Carolina
Join Date: Aug 2005
Posts: 675
Images: 38
Send a message via Skype™ to DreamStreamr
Progressive insured a driver who backed into our trailer. Managed our claim so well we considered them first a few years later when shopping for coverage.

We have stated value coverage on our 2005 25'. We added comp and liability coverage, not covered in our older policy. If you have a homeowners policy your liabilities might be covered already. Since we're full timers we lacked that protection against claims of damage from or by our RV (when it's not hi had to the tow vee.) Big thanks to Hunter for pointing this out to us in '09 at the Full-Timing seminar in Madison.

As soon as we confirmed her info, we changed coverage. And had to change insurers since Allstate couldn't then offer the desid coverages for a full-timer (without the homeowners policy already.). Progressive and FCIS both do this well, we're told.

Our stated value plus liability coverage runs approx $600.


Dreamstreamr
2005 International CCD 25SS
http://Dreamstreamr.com
__________________
Chasing 75 Degrees,

Jim N5RTG
dreamstreamr.com
DreamStreamr is offline   Reply With Quote
Old 01-16-2016, 11:16 AM   #19
TinCan
 
graysailor's Avatar
 
2016 30' Classic
Apache Junction , Arizona
Join Date: Aug 2011
Posts: 879
I have had good luck with Progressive for an agreed value policy. I was with Geico which also was good but they have limits as to agreed value.
__________________
TinCan
graysailor is offline   Reply With Quote
Old 01-16-2016, 11:23 AM   #20
4 Rivet Member
 
2019 25' Flying Cloud
Sequim , Washington
Join Date: Sep 2015
Posts: 337
Blog Entries: 2
Quote:
Originally Posted by 1Boyscout View Post
CJ, Have you checked with Hartford?

I have a 2015 INTL Serenity AS. Both my cars and trailer are on the same policy.
I have used them since 2005. My insurance is $115. Hartford has my house too.

Jan 2006 I cut a corner to sharp and scraped the lower 24" of the side of my TT Jayco from front corner to the front of the back wheel. I called them, and took it to the local Jayco dealer.
The agent came out on Tuesday the next day. Thursday 2 days later I received a check for $4700, and I paid the $500 deductible. I have never seen a Ins company that acted the fast. It is worth a call.
It may help to have all your insurance business with one company. We use USAA for everything and get great service and rates. They partner with Progressive for our AS insurance policy and my Harley insurance because they do not offer either directly. Like Boyscout I had a "minor" (2 mph practicing turning) incident the first week I owned my AS. The repair cost was $10,000 less a $1,000 deductible. It was a potent lesson on the cost of aluminum panels and repairs! Progressive responded the same day and repairs were authorized in time for a scheduled trip that had considerably prepaid expenses (Nova Scotia-Newfoundland ferry). I was very impressed with the service of Progressive. It is a topic for another thread about the poor service from the AS dealer who did the repairs.

Like others said earlier, I use insurance for catastrophic losses only and pay less as a result of selecting high deductibles. The paperwork, time, and premium increases are not worth every claim. If there is any chance of personal injury the equation changes and immediate reporting is wise.
__________________
D2
"Having differences makes a difference"
WestieHouse 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
Renew old tire topic: 7.00-15 to 225/75R-15 jdnorris Tires 2 07-10-2009 02:21 PM
How do I renew my classified ad bocotim Forum Admin, News and Member Account Info 9 09-26-2008 07:49 AM
Renew complaint: Missing Posts IndyAnne Forum Admin, News and Member Account Info 2 06-11-2008 03:24 PM
Renew in WBCCI Buttercup Community Polls 54 01-05-2006 09:38 PM


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 09:24 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.