Go Back   iRV2 Forums > MOTORHOME FORUMS > Class A Motorhome Discussions
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
 
Thread Tools Search this Thread Display Modes
 
Old 02-03-2013, 10:16 PM   #1
Junior Member
 
Cruiser50's Avatar
 
Join Date: Sep 2012
Posts: 13
Question New Unit Insurance-- is it worth it??

I am buying a NEW unit and have been offered a RV Protection Plan. Supposed to cover everything but fuels, bulbs, etc. Does anyone have any experience with these types of insurance. The company is a large USA insurance type. Quite a bit of cash $10k, but 7 years of coverage. The $10k would go a long way toward repairs and manufacturers have their own warranty's. Any comments from positive and negative experiences??? Thanks in advance. Unit is a 2013 Tiffin, 40ft., Cummins 380, etc
__________________

__________________
Cruiser50 is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 02-03-2013, 10:24 PM   #2
Senior Member
 
Mr_D's Avatar
 
Solo Rvers Club
iRV2 No Limits Club
Join Date: May 2011
Location: Vancouver, WA
Posts: 28,517
Way too much $$!

How long is the manufacturers warranty? The service policy you buy won't pay anything while the main warranty is in effect so that's a year or two off the front end.

I'd put the money in the bank and use it to pay for any repairs. After 11 years with our present DSDP I would never have used up $10,000 on repairs, maintenance and even a new set of tires and Alcoa wheels.
__________________

__________________
2009 45' Magna 630 w/Cummins ISX 650 HP/1950 Lbs Ft
Charter Good Sam Lifetime Member, FMCA, SKP
RV'ing since 1957, NRA Benefactor Life, towing '14 CR-V
Mr_D is online now   Reply With Quote
Old 02-04-2013, 08:03 AM   #3
Senior Member
 
jzick's Avatar
 
Join Date: Feb 2007
Location: Florida
Posts: 1,193
If you do a search, there are many discussions here about extended service plans (extended warranties). Some of us have had good experiences, many bad. The price you are quoting seems a lot higher than most. You need to be aware that the cost of these policies is negotiable.

If you have the resources and the psyche to take the personal responsibility, it is probably always a better financial decision to self insure. If you do not have the resources to fund and contribute to a self insured fund, or if your peace of mind will be better with one, an extended service plan might work for you. IMO, you should probably do a lot more research before making an informed decision. Good luck.
__________________
jzick is offline   Reply With Quote
Old 02-04-2013, 10:30 AM   #4
Senior Member
 
BillJinOR's Avatar


 
Monaco Owners Club
Join Date: Jul 2012
Posts: 766
Protection plan is in fact insurance and will have deductibles excusions etc so the cost must take into account those things ..
The rule on insurance I follow is if you can afford the expense , all be it with some pain , don't insure ! insurance should be used for catastrophic events you can't pay for. Insurance company's make money off these so more people lose money than make up the expense that's just a fact. Can you roll the dice and most likely win ?? That's the question.
__________________
2003 Beaver Marquis
2016 25' (20'box) CargoMate car hauler
Bill
BillJinOR is online now   Reply With Quote
Old 02-04-2013, 04:58 PM   #5
Junior Member
 
Cruiser50's Avatar
 
Join Date: Sep 2012
Posts: 13
thanks for the time to respond. Just confirms my own decision. Thanks again to all.
__________________
Cruiser50 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


» Virginia Campgrounds

Reviews provided by


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 12:39 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.