Journey with Confidence RV GPS App RV Trip Planner RV LIFE Campground Reviews RV Maintenance Take a Speed Test Free 7 Day Trial ×
RV Trip Planning Discussions

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 10-12-2016, 12:38 PM   #1
Senior Member
 
LarryJB's Avatar




 
Tiffin Owners Club
RV Trip Wizard
Join Date: Oct 2016
Location: Mountainburg, AR
Posts: 1,647
RV Insurance options

I have never owned an RV of any kind but am shopping for one. We have picked out a nice motorhome and I am now researching the TCO I have come to the Insurance part, so I called my Insurance company and had them quote the premium cost for a $75,000 policy. They came back with $2284 per year for full coverage. This seems pretty high to me. We will not be full time campers, we will take it out mostly in the spring, summer, and fall. Are there options available that will cover us only part time?
LarryJB 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 10-12-2016, 01:10 PM   #2
Senior Member
 
Join Date: Jan 2009
Posts: 5,345
Sounds like you are getting a policy that pays the $75,000 if the rig gets totaled. If this is the case, you might think about going with a cheaper "actual cash value" policy. The options added make a big difference and of course, your driving record comes into play.

Since we aren't fulltiming and only take the rig out a few times a year,, i've opted to go with a bare minimum policy. Comp and collision with high deductibles, and higher limits of liability are all that we carry at this time. No uninsured/underinsured, PIP, towing or anything else. The annual premium was $404 this last renewal.
__________________
03 Itasca Sunova, Workhorse P32 with the 8.1 and 4L85-E
Mudfrog is offline   Reply With Quote
Old 10-12-2016, 02:15 PM   #3
Senior Member
 
LarryJB's Avatar




 
Tiffin Owners Club
RV Trip Wizard
Join Date: Oct 2016
Location: Mountainburg, AR
Posts: 1,647
Quote:
Originally Posted by Mudfrog View Post
The annual premium was $404 this last renewal.
Now that's more like it! I will have to check into doing something like that.
Yes, this was for full coverage with $1000 deductible.
BTW: My wife and I both have stellar driving records.

Another question I have is, are there Insurance companies that specialize in RV insurance that might be less expensive? This quote was from my auto/home insurance company that we have been with for 40 years.
LarryJB is offline   Reply With Quote
Old 10-12-2016, 02:53 PM   #4
Senior Member
 
Tha_Rooster's Avatar
 
Join Date: Aug 2008
Location: Georgia
Posts: 8,638
Quote:
Originally Posted by LarryJB View Post
I have never owned an RV of any kind but am shopping for one. We have picked out a nice motorhome and I am now researching the TCO I have come to the Insurance part, so I called my Insurance company and had them quote the premium cost for a $75,000 policy. They came back with $2284 per year for full coverage. This seems pretty high to me. We will not be full time campers, we will take it out mostly in the spring, summer, and fall. Are there options available that will cover us only part time?

Run don't walk you should get $1,000,000.00 for that.
__________________
2007 Fleetwood Revolution LE 40V
Tha_Rooster is offline   Reply With Quote
Old 10-12-2016, 03:19 PM   #5
Senior Member
 
LarryJB's Avatar




 
Tiffin Owners Club
RV Trip Wizard
Join Date: Oct 2016
Location: Mountainburg, AR
Posts: 1,647
Holy ripoff Batman! I just did an online quote at AARP and gave them the same info I gave my insurance company and it came back with 12 month premium of $448. That includes full coverage and $1000 deductible.
Ahh... Maybe it's time to change insurance companies!!!
LarryJB is offline   Reply With Quote
Old 10-12-2016, 07:51 PM   #6
Senior Member
 
Join Date: Aug 2011
Location: Enjoying the Western States!
Posts: 19,637
Quote:
Originally Posted by LarryJB View Post
Holy ripoff Batman! I just did an online quote at AARP and gave them the same info I gave my insurance company and it came back with 12 month premium of $448. That includes full coverage and $1000 deductible.
Ahh... Maybe it's time to change insurance companies!!!
Correct. Most people shop around for the best price every 2-4 years. There's no reason to be loyal to a company for 40 years!!
__________________
Full-timed for 16 Years . . .
Traveled 8 yr in a 2004 Newmar Dutch Star 40' Diesel
& 8 yr in a 33' Travel Supreme 5th wheel
twogypsies is offline   Reply With Quote
Old 10-12-2016, 09:32 PM   #7
TSM
Member
 
Join Date: Nov 2013
Posts: 82
As an insurance agent for 40 years I wonder why RV owners set themselves up for a financial disaster. Driving a $20,000 LB vehicle at 65 miles an hour, or in traffic while getting gas, presents unintended consequences (Risk). Exacerbated by the assumption that the driver of the coach is financially well off. Personally we have sufficient coverage on the coach, plus a Liability Umbrella @ $2,000,000. ($2,000,000 covers the potential liability claim and 100% of the defense cost are covered as well). I willingly pay a few few hundred dollars a year to transfer the risk. Should an accident occur I have chosen not to put my life's savings on the line. I would ask this question how many close calls have all of us had ? The distractions today are unbelievable and from the drivers seat we can see that everyone is on the phone.
Finally I would add that my policyholder's who are assessed the lowest premiums have great driving records, great claim records and substantial discounts for their tenure.
TSM is offline   Reply With Quote
Old 10-13-2016, 08:09 AM   #8
Senior Member
 
LarryJB's Avatar




 
Tiffin Owners Club
RV Trip Wizard
Join Date: Oct 2016
Location: Mountainburg, AR
Posts: 1,647
TSM,
I was absolutely flabbergasted at the difference in premium cost for essentially the same coverage between my current insurance company quote and the AARP quote.
We both have stellar driving records, but the wife had a claim last year when she backed into a tree on our property and we have both had claims for hitting deers. I noted both those on the quote application. Why would there be such a huge difference in price?
Honestly, I was reconsidering my decision to purchase a motorhome based on the cost of insuring it. At this point, I am now considering moving all my auto insurance if the cost difference is like it is for the RV.
Currently I carry all my insurance with them, and have for over 40 years. We have had a few claims over the years, mostly for what is considered "acts of God" like hail damage, and hitting deer. but even those are not that numerous.
__________________
There are 10 types of people... Those that understand binary and those that don't.
_________________________
2018 Tiffin Phaeton 40AH/2018 Hyundai Elantra Sport Toad
LarryJB is offline   Reply With Quote
Old 10-13-2016, 04:55 PM   #9
Senior Member
 
mhbell's Avatar
 
Thor Owners Club
Forest River Owners Club
Ford Super Duty Owner
Georgie Boy Owners Club
Join Date: Feb 2011
Location: Utah
Posts: 657
Been with AARP 27 years

We have been with AARP for 27 years. No one has been able to beat them for price and service. I check every year for our motor home and other vehicles. We have our home and everything insured with them. A couple of other insurance companies gave us a lower quote and I switched the motor home to Good Sam (National General) For a $200 a year price reduction. The next year they doubled the price. I switched back to AARP and the price was $175 less than Good Sam (National General). It pays to shop. Progressive is another one to check along with Explorer and USSA. For me no one can come within $300 of AARP.
Mel
__________________
2016 Thor Axis 24.1
web site https://rvbloggers.wordpress.com/
mhbell is offline   Reply With Quote
Old 10-15-2016, 09:09 AM   #10
Moderator Emeritus
 
Gary RVRoamer's Avatar


 
Join Date: Jan 2000
Location: West Palm Beach, FL. USA
Posts: 27,519
Each company has their own rating methods and uses as many as 150 different parameters to evaluate each application. You may fall into one rating category with one company, and a completely different one with another. And some companies may have lower rate scales to attract new business or get a larger pool of subscribers in a particular area or policy type. There is little point ns wondering why one business sets its prices different than another (think Amazon.com vs a high-end department store). Just shop around a bit. It only takes an hour or two to request several quotes, or contact an independent agency that specializes in RVs (e.g. Miller RV Insurance) and let them do the shopping for you. You will probably be pleasantly surprised.

Making meaningful comparisons is impossible, but as an example I'm paying $870 for a $95k coach with $250 deductible, but have received quotes of double that for lesser coverage. My current company is Allied and the policy is written under the FMCA group coverage plan, a group discount worth about $70/year as near as I can tell.
__________________
Gary Brinck
Former owner of 2004 American Tradition and several other RVs
Home is West Palm Beach, FL
Gary RVRoamer is offline   Reply With Quote
Old 10-15-2016, 09:24 AM   #11
Senior Member
 
sdennislee's Avatar


 
Monaco Owners Club
Winnebago Owners Club
Join Date: Sep 2011
Posts: 7,469
I have 2 rigs; 2009 Safari Cheetah class A and 2009 Winnebago Chalet class C.

I use GEICO pay $1490.00 per year ($745 every 6 months). $500.00 deductible.

Had a claim 4 years ago when my awning unfurled in a heavy wind gust while driving through SD. They quickly paid the $4,000.00+ and no increase in premium.

I also have my 2 cars with them on a separate policy, but the cars help with multiple vehicle discount.
__________________
US Navy Vet, Liberty Tree Member of Oath Keepers, NRA & VFW Life Member, Alaska EMT.
2009 Safari Cheetah 40 SKQ
2009 Winnebago Chalet 231CR
sdennislee is offline   Reply With Quote
Old 10-16-2016, 12:42 PM   #12
Senior Member
 
Join Date: Nov 2012
Location: bis. nd
Posts: 1,124
my wife has an insurance certification and she said the area you live in makes most difference...her in ND we have pretty low rates. few car thefts ect... my insurance for my last rig was not much as only worth 35-40g..the one we have now is 100g and cost s$285 every 6 months. with 500 deductible. if i lived in new New Hamp. or so it would be triple or probably more////
__________________
2007 Alfa Gold!! model 1008. 400hp Freightliner, IFS!!
beenthere is offline   Reply With Quote
Old 10-16-2016, 01:00 PM   #13
Member
 
Winnebago Owners Club
Join Date: Oct 2016
Posts: 78
My farmers insurance quote me 675.00 full coverage for 12 months "but" i have a 97 itasca sunrise 33 feet long , total damage of 17,500

I know its old but its in really good conditions haha
Jacobnino is offline   Reply With Quote
Old 10-16-2016, 03:15 PM   #14
Registered User
 
Join Date: Sep 2016
Posts: 1,209
Hartford AARP. New 2016 Winnebago for about $550. Full coverage acv policy. $500k liability.
awol50 is offline   Reply With Quote
Reply

Tags
insurance



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
2016 Health Insurance Options for Pre-Medicare Fulltimers WheelingIt Full-Timers 37 12-03-2015 09:20 AM
No options left for pre-Medicare health insurance in SD for fulltime RVers WheelingIt Full-Timers 185 06-05-2015 11:04 AM
WCC UFO Chassis Provides Rear Gas or Diesel Options and Unlimited Floorplan Options DriVer RV Industry Press 45 09-26-2006 04:20 AM

» Featured Campgrounds

Reviews provided by


All times are GMT -6. The time now is 01:04 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.