Why price is low ... compared to replacement $$
I was curious why RV (motorhome) insurance seemed low compared to equivalent value of, say, a car.
Looked up accident stats in B.C. Canada, where I am.
Of 25,000± claims in the year handled by ICBC (gov. insurer), only 9 (nine) involved motorhomes.
Thus ... since the big part of insurance is liability, the stats suggest it is a lower risk than the average car ...
That was my read of it, at least.
Tiffin Allegro Bus, '99 - 32', banks, gas
@Steveinpei : Bi-Coastal in Canada