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RV Insurance

Yahoo Message Number: 19216
My renewal just came in. We are with Explorer RV. They seem fine but we have not had a claim. I was thinking about changing to AON (RV Alliance) since they do so much at the FMCA rally. They really seem to support the RV community. Does anybody have any experience with them? I think I can transfer my policy but don't know how to do that. Any idea?

Thanks.

Linda

98 Intrigue 10678

Re: RV Insurance

Reply #1 –
Yahoo Message Number: 19223
I don't have any experience with either company you mention but am an Independent Agency owner in Texas . Policies are not transferable between companies. It never hurts to shop - you will need to contact the company(s) that you are interested in, give them your "vitals" (name, DOB, DL# , SS# , address & coach info) and tell them what level of coverage you now have (current policy declarations page) and ask for a quote and payment options. If you decide to move mid term, any pre paid premium on your present policy should be prorated and refunded in full as "unearned premium". Any Agent or company worth going with should break their neck to accommodate you. Good luck!
Oh, the only company I ever got a "deal" from was Hartford a few years ago but you are required to have your home & auto w/them to qualify. They went nuts on rate increases on auto so I moved everything. Don't know how they might be in your State (you're in Missouri , right) or if they still offer sweetheart deals on RV ins.

Hope this helps.

Bojangles5169

'98 Intrigue 10616

Re: RV Insurance

Reply #2 –
Yahoo Message Number: 19240
We've been with AON for 4 years. They have been good to work with.
Sometimes it takes a while to get them on the phone since they are pretty busy. A couple of times we had to call more than once to get the policy stuff straight but they have fixed things quickly. They first put our policy with Sun Alliance but when they stopped writing RV insurance they placed us with National Interstate for the RV and Progressive for the toad. Once we get back to decent cell coverage we'll call about moving the toad to National Interstate since they now cover toads and are offering multiple vehicle discount. If it is cheaper we'll switch. We've only had one claim and that was for a windshield chip. We called they claim number and got instant response.
Bob

'05 Intrigue Ovation #11872

Quote from: Linda Robey\[br\
]
My renewal just came in. We are with Explorer RV. They seem fine but we have not had a claim. I was thinking about changing to AON (RV Alliance) since they do so much at the FMCA rally. They really seem to support the RV community. Does anybody have any experience with them? I think I can transfer my policy but don't know how to do that. Any idea?

Re: RV Insurance

Reply #3 –
Yahoo Message Number: 19241
Just call for a quote, but we have Explorer too, had switched to them because they were significantly cheaper for same coverage from AON, but it's "state dependent" as well as each year is different, so just call RV Alliance to get the number to call and ask for a quote...can probably even do it online. Just make sure you compare the same coverage..declining deductible, 5 year replacement guarantee, etc.

Jan McN

2001 Intrigue 11320

Re: RV Insurance

Reply #4 –
Yahoo Message Number: 19251
I have National Insurance through Aon and they have taken good care of me. The least expensive by more than half of all tthe companies that I've checked.

Carol

04 Inspire 51046

Quote from: Linda Robey\[br\
]
My renewal just came in. We are with Explorer RV. They seem fine but we have not had a claim. I was thinking about changing to AON (RV Alliance) since they do so much at the FMCA rally. They really seem to support the RV community. Does anybody have any experience with them? I think I can transfer my policy but don't know how to do that. Any idea?

Re: RV Insurance

Reply #5 –
Yahoo Message Number: 50165
Been reading all the posts about RV insurance. Ours was up for renewal, I checked around, including USAA where I have been a member since 1959 and found AARP Hartford to have the best coverage at the best price. I have had the RV insured by GMAC and 3 other vehicles insured by USAA. Have been paying 1492.00 for RV, AARP cost is 991.00. Finally insured home, 3 cars and RV. Saved about 2600.00 annually. Check them out! Or maybe you guys are not old enough to be members of AARP!!

Janie

2002 Intrigue 11342

Re: RV Insurance

Reply #6 –
Yahoo Message Number: 50213
Yes, some of us are really that old. We support the many good things that AARP stands for on our behalf, but...
The only insurance or any other product we used that was associated with AARP disappeared one day when they sent notice that they weren't going to have it anymore. It was a dental insurance program that we really liked and then it was no more....

s/Terry Apple

RV Insurance

Reply #7 –
Yahoo Message Number: 51677
It's insurance renewal time and I'm thinking of switching from Progressive to Geico. Geico is $260/year cheaper than Progressive. The maximum liability coverage they offer is slightly less than Progressive, but the difference, if ever needed, will be covered by my umbrella policy. What I would like to know is, what experiences have the members of this august group had in dealings with Geico? They are sure nice when they want my business, but how are they when it comes to paying claims?

Jim Biestek

2004 40ft. Intrigue 11783

Re: RV Insurance

Reply #8 –
Yahoo Message Number: 51678

We have had our auto with geico for several years and have had one claim with no hassles.. They do not insure MH in NC over 100K., so had to go with Allied, from Farm and City in Iowa..good rate there...
Marvin, 07 Allure, 470, #31459

Re: RV Insurance

Reply #9 –
Yahoo Message Number: 51680
I have been very happy with State Farm Ins. They seem to have the best service and rates. You might want to check them out.
Vic 03 Magna 6253

Re: RV Insurance

Reply #10 –
Yahoo Message Number: 51685
Jim,

Be sure that your underlying insurance meets the minimum that your umbrella requires, or you could have a large "gap", which you don't want. For example, if you have a single limit policy with say $300k and your umbrella starts at $500k, you will have a 200k "gap". This can easily happen, especially if you have one company carrying the underlying policy and another company carrying the umbrella. Check you umbrella. Just a suggestion.

R. D. Vanderslice
06 Allure 470 31294

Re: RV Insurance

Reply #11 –
Yahoo Message Number: 51687
One thing to think about before you switch: I get mine through Gilbert. I asked them about switching companies (they use more than one) and they pointed out that while I could, I have purchase price replacement cost noq and that any new insurance would be based more on NADA current market value. Never compared these, but I assume blue book values have gone way down since I purchased mine over two years ago.

Rich 2002 Magna

Re: RV Insurance

Reply #12 –
Yahoo Message Number: 51688
We also use Gilbert Insurance Agency in Orlando, Fl. Excellent service and advice on the type of insurance needed for your RV situation. We are fulltimers.

Escapees RV Park, Chimacum, Wa

Chuck & Mary B

Shelby Dog, Miss Kitty, Mr Lucky Cat

SOB

Re: RV Insurance

Reply #13 –
Yahoo Message Number: 51707
Interesting, I have never been able to find an insurance company that would add/extend full replacement (purchase price per sales contract) beyond the first 5 years of the life of the coach. Even then if must be added when you purchase the coach and is non-transferable.
After that comes replacement cost where you pick a value but the insurance company will only pay the going market price (possibly NADA) or the value you provided if the going price is above that. It make little sense to set the price much above the market value as you will likely not get any return for having done so in a total loss.
Even when eligible full market replacement cost is expensive. When I had about 10 months left in the 5 year window on my coach I decided to drop the options because I only had 10 months of exposure. Doing so cut my renewal bill by more than 1/2. The full replacement as a line item on the price sheet does not appear to be all that much but be aware that there are some imbedded coverage's that also go away with dropping it and that is where the big price differential comes from.
On the subject of insurance I have often wondered how people that spend a lot of money renovating older coaches protect their investment from an insurance stand point. Most insurances companies will see a 1998 coach as just that regardless of upgrades.
Is there a way to get around that?

Don Seager

2004 Allure 31046

Re: RV Insurance

Reply #14 –
Yahoo Message Number: 51708
Hi Don,

When we purchased our coach new, we had the "full replacement value" for the first 5 years. Then after the 5th year the "actual price paid" for the coach as long as we stay with the same company. Our rates for the same coverage that GMAC quoted was 25% cheaper per year with a 1 year renewable instead of 6 months with GMAC. We, as most folks who financed their coach, are upside down. That is where the actual price paid comes into play if we suffer a full loss. We also have the diminishing deductible clause which is reduced 20% each year, with no deductable after 5 years if we do not file a claim. At the end of the second year, the insurance company that Gilbert had us with got out of the RV insurance business. Gilbert was able to find a company that would take over their customers with the actual price paid clause and not starting over with the deminishing 5 year deductable. Folks who change insurance companies every so many years loose those clauses.

Escapees RV Park, Chimacum, Wa

Chuck & Mary B

Shelby Dog, Miss Kitty, Mr Lucky Cat

SOB

Re: RV Insurance

Reply #15 –
Yahoo Message Number: 51711
Hi Chuck,
 
What is the difference between 'full replacement value' and 'actual price paid'?
 
Don Seager
2004 Allure 31046

Re: RV Insurance

Reply #16 –
Yahoo Message Number: 51713
Hi Don,

If the list price for a coach in 2004 is $300,000, and in 2007, the same make, model, and similiar optioned coach is $350,000, the insurance will replace the coach. That is the full replacement value. After the 5 years is up, the insurance company will pay the final figure that is on the sales contract. The actual price paid. At least that is the way I understand. The actual wording could be a little different. If one has a full loss after 6 years, if the NADA book value is $150,000 and you owe $200,000, you would have to make up the difference to the finance company if you did not have the actual price paid clause. Our $295,000 coach in 2004 is now worth around $80,000 wholesale according to the NADA wholesale book.

Escapees RV Park, Chimacum, Wa

Chuck & Mary B

Shelby Dog, Miss Kitty, Mr Lucky Cat

SOB

Re: RV Insurance

Reply #17 –
Yahoo Message Number: 51714

Don,

there are appraisers that can app the value of almost anything, classic cars to jewlery, usually a company will insure by that value, I had that option from my ins co...
Marvin, 07 Allure #31459

Re: RV Insurance

Reply #18 –
Yahoo Message Number: 51717
I received a letter from Good Sam's on their insurance everything sounded good. Does anyone have experience with Good Sam's Insurance?

Re: RV Insurance

Reply #19 –
Yahoo Message Number: 51721
Chuck,

My conversations with my agent comes up with an understanding that is quite different. I think if you adjust your value of a 2004 coach costing $300k from $350k to more like $550k in 2007 you will see the point.
Full replacement value is not based on list value, it is based on the contract price that you signed when you bought the coach. If you opted for full replacement value then the insurance company will for the first 5 years in a total loss write you a check for exactly the contract value that was on your contract when you bought the coach. That is of course before any trade in.
What full replacement value means is that the company will not depreciate the coach from the original agreed price taken from the sales contract. To expect an insurance company to pay for depreciation and the inflated cost of a like for like replacement is not going to happen unless the premium is astronomical. They will simply write you a check for the agreed amount and what you do with it is up to you and of course your bank if you still owe on it.
In the years beyond 5 there is replacement value, not full replacement value. Here you provide the insurance company with a value that you think the coach is worth. They will price the premium on that value. However, in the case of a total loss they will pay either that value or the market value of the coach whichever is the lowest. Often that is the NADA value but if one is not available the adjuster will investigate going values. Any company that will take on your coach will offer replacement value coverage. No need to have been with them from day one.
That is the way my policy works and I have been with National Interstate since day one and my agent is Lazydays.

Don Seager'

2004 Allure 31046

Re: RV Insurance

Reply #20 –
Yahoo Message Number: 51723
Hi Don,

I can understand you thinking on the first 5 years. We are past the first 5 years on our coach. I asked the question several time about the total loss figure after the first 5 years. Each time I was told that the insurance policy would pay the amount on the sales contract as long as I continue to insure with them. I had to send them a copy of our sales contract to verify the amount. If we have a total loss, we will get a check for that figure to settle our lending institution's debt. I will revisit that with Gilbert tomorrow.

Escapees RV Park, Chimacum, Wa

Chuck & Mary B

Shelby Dog, Miss Kitty, Mr Lucky Cat

SOB

Re: RV Insurance

Reply #21 –
Yahoo Message Number: 51724
Hi Chuck
 
This was not my thinking, it was as stated by my agent.
 
I am still confused about your point. Are you saying that your company will pay the original sale price in the event of a total loss for as long as you remain with the company. Ten, fifteen years and beyond. It just doesn't seem realistic to me. I'll be interested in what your company has to say.
 
Don Seager
2004 Allure 31046

Re: RV Insurance

Reply #22 –
Yahoo Message Number: 51736
Hi Don,

I called my insurance agent Gilbert today. During the first 5 years the replacement is of "like and quality". After that, we have the "purchase price guarantee" which is on the sales contract. We have that as long as we own the coach and keep the insurance policy current. The additional premium is $140.00 a year extra for that coverage. I was not sure of the correct wording of the terms until now.

Escapees RV Park, Chimacum, Wa

Chuck & Mary B

Shelby Dog, Miss Kitty, Mr Lucky Cat

2004 Monaco Windsor

Re: RV Insurance

Reply #23 –
Yahoo Message Number: 51767
We also have "Total Loss Replacement/Purchase Price Coverage" from Progressive in San Diego. After all this talk I went on line to read our newest contract with them in regards to what they will pay for a total loss. What it says is that: When the covered vehicle is, at the time of Loss, the current model year, or the first through fourth preceding model year, the applicable limit of liabilitywill be: (1) if you choose to replace the covered vehicle, the cost, as determined by us, of a new vehicle that: (a) has not previously had a titleissued or recorded to any person or entity, other than a dealer or manufacturer; and (b) is, to the extent possible, the same make, class, size, and type, and which contains reasonably similar equipment to the covered vehicle; or (ii) if you choose not to replace the covered vehicle, the purchase price; or (b) when the covered vehicle is, at the time of loss, the fifth preceding model year or older, the applicable limit of liability will be the purchase price.

Barbara Holmes

2004 Intrigue #11704

RV Insurance

Reply #24 –
Yahoo Message Number: 60013
Any ideas on RV Insurance? We have been with Progressive for eight years and over the last two years they have raised our premuim $1,273.00. Progressive says that across the board they have raised all California.
I have checked with State Farm and Good Sam both give a much better price but do not have Total Loss Replacement/Purchase Price. They will both only give fair market value. I don't trust them to give me all of what I may owe if Total Loss should happen.

Fernanda Bender
04' Intrigue #11701