Community Forums

Billett Bee · 05-04-2021, 04:40 PM

We just recieved an advertisement from Costco since were members and there advertising insurance. I knew all about there auto/rv buying program wich was not applicable for us since they only work with general rv dealerships, but had not ever noticed they are now in the insurance buisness.
How long has this been offered?
Who has experience with Costco auto/rv insurance?
Do they insure full-timers?
Is it any good,( as far as ins. goes) or just cheap?
I do know the company that Costco uses is CONNECT’s parent company, American Family Insurance, wich has mixed reviews.
We have been full timing now for 5 yrs and have all of our coverages through nationwide as they seem to have the best rates and coverage for us, but were always looking for a better and more affordable product. Staying with one insurance company forever just doesn't pay off in our view and experiences.
We are looking for personal experience with those of you who have dealt with or are dealing with Costco to insure your rv or truck. Thanks for your knowledge and opinions.

Ldubs · 05-04-2021, 05:18 PM

I think you probably already know you will not deal with Costco at all with any coverage or claims issues. Basically, Costco's role does not go beyond providing contact info. It is all underwritten by one of the American Family companies, which is an established insurer and one that I am comfortable with. We explored this offering through Costco some time ago. We have our homeowners, personal auto, and travel trailer with them. I find them easy to deal with. We have not had any claims, and hope to keep it that way.

If you are looking for feedback about insurance companies on the internet, I suspect most will have a lot of bad reviews. Many misunderstand what is covered and what is excluded under the contract, hence get angry.

BTW, I think Nationwide is an excellent company. They, along with AmFam, were customers of mine back in the days when I had to work for a living.

Billett Bee · 05-04-2021, 06:36 PM

Quote:

Originally Posted by Ldubs

I think you probably already know you will not deal with Costco at all with any coverage or claims issues. Basically, Costco's role does not go beyond providing contact info. It is all underwritten by one of the American Family companies, which is an established insurer and one that I am comfortable with. We explored this offering through Costco some time ago. We have our homeowners, personal auto, and travel trailer with them. I find them easy to deal with. We have not had any claims, and hope to keep it that way.

If you are looking for feedback about insurance companies on the internet, I suspect most will have a lot of bad reviews. Many misunderstand what is covered and what is excluded under the contract, hence get angry.

BTW, I think Nationwide is an excellent company. They, along with AmFam, were customers of mine back in the days when I had to work for a living.

Awesome reply, tyvm. Yah i know Costco is just basically the third wheel In the whole deal. Glad to hear of your good experiences with them. I agree, not allot of folks are going to give any insurance company any good review, that's why I'm just trying to keep the thread on the Costco brokered American family ins. Co. So you said you have your travel trailer covered with them, do they cover most rvs like fifth wheels? No numbers need to be provided but did you find there auto and rv rates higher / lower/ or competitive with other ins. Company's?

twogypsies · 05-04-2021, 11:48 PM

You could just get a quote & see where they come in at.

Theturboman · 05-04-2021, 11:57 PM

I have the Costco insurance, they take only qualified members with no claims in 3 years etc but my coverage was only $180 a year for $60k coverage. On my other 4 cars insured they saved me about $2400 a year in expense

mokurt · 05-05-2021, 05:39 AM

I have been with AAA (CSAA) for over 40 years.
Recently I joined AARP for my medicare.
Hartford Insurance has special rates for AARP members and I got a quote from them for my house, vehicles and trailer.
Much less than I'm paying now and most likely to switch.

Of course it's alway best to get quotes from other insurance companies.

Billett Bee · 05-05-2021, 06:25 AM

Yesterday I went to do the online quote but it would not do it and said that I needed to call for a quote because of my SD address. So more than likely I'm not going to call untill i get a bunch of Intel from you all on this company, nothing worse than being harassed by every insurance company out there who wants to give you a quote.. does anyone know if they offer full timer coverage?

edwardavion · 05-05-2021, 07:26 AM

I don't know if they offer full timer insurance, but I do know you won't get harassed by the company. I also know that Costco is the 800 pound Gorilla in the room that would not partner with a disreputable Insurance provider. I am quoting home, auto and RV with them right now. The auto quote I received is averaging 30-35% lower than USAA.

Billett Bee · 05-05-2021, 09:44 AM

Quote:

Originally Posted by edwardavion

I don't know if they offer full timer insurance, but I do know you won't get harassed by the company. I also know that Costco is the 800 pound Gorilla in the room that would not partner with a disreputable Insurance provider. I am quoting home, auto and RV with them right now. The auto quote I received is averaging 30-35% lower than USAA.

awesome sauce. We're big Costco fans as well, everyone they partner with normally is top notch. Costco is very big on reputation.
Sounds like lots of good experiences.

Ldubs · 05-05-2021, 09:51 AM

Quote:

Originally Posted by Billett Bee

Awesome reply, tyvm. Yah i know Costco is just basically the third wheel In the whole deal. Glad to hear of your good experiences with them. I agree, not allot of folks are going to give any insurance company any good review, that's why I'm just trying to keep the thread on the Costco brokered American family ins. Co. So you said you have your travel trailer covered with them, do they cover most rvs like fifth wheels? No numbers need to be provided but did you find there auto and rv rates higher / lower/ or competitive with other ins. Company's?

I don't know what their RV eligibility rules are. Best contact them for that. Their pricing was better than my previous insurer (AAA) but again I bundled my home, autos and RV. I'm not sure if their pricing would be better for just the auto and RV. My Travel Trailer premium is just north of $200/yr. It is treated like a third vehicle and carries the same 3rd party liability coverages as the vehicles. I also have a boat (one can't have too many toys!) but it is covered by Progressive. I cannot remember the details why I didn't insure the boat with Connect/AmFam. Might have been a high premium or maybe they don't underwrite boats -- I just can't remember. I probably should check as renewal is coming up.

Billett Bee · 05-05-2021, 12:47 PM

Quote:

Originally Posted by Ldubs

I don't know what their RV eligibility rules are. Best contact them for that. Their pricing was better than my previous insurer (AAA) but again I bundled my home, autos and RV. I'm not sure if their pricing would be better for just the auto and RV. My Travel Trailer premium is just north of $200/yr. It is treated like a third vehicle and carries the same 3rd party liability coverages as the vehicles. I also have a boat (one can't have too many toys!) but it is covered by Progressive. I cannot remember the details why I didn't insure the boat with Connect/AmFam. Might have been a high premium or maybe they don't underwrite boats -- I just can't remember. I probably should check as renewal is coming up.

Our fiver used to be real cheap as well back when we had multiple vehicles and didn't have ful timer coverages. That drastically changed our price but it gave us peace of mind knowing we were insured correctly. As much peace of mind as one can get from any insurance company i guess. I guess I'll call for a quote in the next couple days once i shake this second covid shot symptoms