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01-28-2025, 03:29 PM
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#1
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Member
Join Date: Oct 2021
Posts: 98
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How Does This Rate Sound to You?
Potential new unit with just under $400,000 sales price. Have had three independent agencies quote it...all come back to Progressive (who I've been with for 6 years on my existing Class C) and my lowest premium is right at $3000 for full replacement value...and that's for a guesstimated 60-90 days use a year.
Any thoughts/comparisons?
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ArkRVHog
2018 Forester Model 2801 QSF
Katy, TX
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01-28-2025, 03:54 PM
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#2
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Senior Member
Join Date: Sep 2018
Posts: 299
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In the ballpark of what I pay State Farm.
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01-28-2025, 04:09 PM
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#3
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Community Administrator
Tiffin Owners Club
Join Date: Sep 2013
Location: DFW, Texas
Posts: 24,132
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In the same ballpark with what I pay.
__________________
2017 Phaeton 40IH XSH Maroon Coral - Power Glide Chassis with IFS
Previous '15 Tiffin Allegro RED 38QRA and '06 Itasca Sunrise 35A
White '24 Jeep JLU Wrangler Willys
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01-28-2025, 08:18 PM
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#4
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Senior Member
Tiffin Owners Club
Join Date: Sep 2012
Location: Columbus, NJ
Posts: 3,004
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Sounds good to me. I'm in NJ, which is more than AK, but my coach is worth a little less, and I am at $2850 with State Farm.
__________________
Larry & Cheryl Herman - Ranger, Henry, Georgie & Enzo (our Springers)
2019 Tiffin Allegro Bus 45OPP
2016 Ford Transit Connect on a Demco dolly
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01-28-2025, 09:46 PM
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#5
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Senior Member
Join Date: Dec 2018
Location: Nacogdoches, TX
Posts: 1,831
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And next year it will be higher
__________________
Wade & Debby Griffin
2024 Brinkley Z3100 5th Wheel, 20K Goosebox hitch
2023 RAM 3500 Diesel Dually
2018 Tiffin Allegro Open Road 32SA
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01-29-2025, 06:00 AM
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#6
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Community Moderator
Join Date: Aug 2018
Location: Full timing
Posts: 7,916
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Quote:
Originally Posted by ArkRVHog
Potential new unit with just under $400,000 sales price. Have had three independent agencies quote it...all come back to Progressive (who I've been with for 6 years on my existing Class C) and my lowest premium is right at $3000 for full replacement value...and that's for a guesstimated 60-90 days use a year.
Any thoughts/comparisons?
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Our rig 2018 Road Warrior 5th wheel, we full time, have full timers' insurance, roof insurance, full replacement valve. We have upgraded the insurance to cover to cost of our solar system install, $25K. Our insurance cost is now around $3200/year.
Even with a claim of $11,500 in 2023, the cost has not increased. We have Progressive. But the cost of our set is only about $150K.
__________________
2018 Road Warrior 427
2013 Can Am Spyder RT Limited
2017 Ram 3500 w/Aisin w/4:10
2 Dachshunds DJ (RIP 9-12-19) & Joey (RIP 5-14-21)
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01-29-2025, 08:54 AM
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#7
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Senior Member
Monaco Owners Club
Join Date: Jun 2014
Posts: 16,133
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I'd confirm what "full replacement value" is.
If it accounts for depreciation the value is ~30% less after a year versus agreed value which stays at the price you paid until you change it.
I had agreed value on the original company I was insured with, $125K for quite a few years after we purchased our coach used. About 5 years ago when I went with a new company the agreed value was dropped to $58K, which made sense on a +12 year old coach at the time. I had to submit pictures and we came to the value. Last year I changed companies again and they agreed to keep the $58K value.
I went through the same process with my house insurance but the house insurance had an escalator built it to account for building costs.
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Jim J
2002 Monaco Windsor 38 PKD Cummins ISC 350 8.3L
2005 Jeep Grand Cherokee w/5.7 Hemi
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01-29-2025, 09:23 AM
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#8
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Senior Member
Tiffin Owners Club
Join Date: Sep 2012
Location: Columbus, NJ
Posts: 3,004
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Quote:
Originally Posted by jacwjames
I went through the same process with my house insurance but the house insurance had an escalator built it to account for building costs.
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You have a house with an escalator?
__________________
Larry & Cheryl Herman - Ranger, Henry, Georgie & Enzo (our Springers)
2019 Tiffin Allegro Bus 45OPP
2016 Ford Transit Connect on a Demco dolly
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01-29-2025, 07:07 PM
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#9
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Senior Member
Fleetwood Owners Club American Coach Owners Club
Join Date: Mar 2011
Posts: 6,896
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Quote:
Originally Posted by ArkRVHog
Potential new unit with just under $400,000 sales price. Have had three independent agencies quote it...all come back to Progressive (who I've been with for 6 years on my existing Class C) and my lowest premium is right at $3000 for full replacement value...and that's for a guesstimated 60-90 days use a year.
Any thoughts/comparisons?
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Are you at liberty to say at what you are looking?
__________________
2014 American Eagle 45T
DD 13, 500 HP
Pulling a Honda CRV
For Sale
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01-29-2025, 08:14 PM
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#10
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Senior Member
Winnebago Owners Club Fleetwood Owners Club Holiday Rambler Owners Club
Join Date: Dec 2011
Location: North East Florida
Posts: 2,154
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Thats right in line with what I've been paying with Allstate.
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2019 Horizon 42Q
Cummins L-9 450 HP
Maxum Chassis / IFS with Tag
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01-30-2025, 07:40 AM
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#11
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Member
Join Date: Oct 2021
Posts: 98
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Quote:
Originally Posted by jacwjames
I'd confirm what "full replacement value" is.
If it accounts for depreciation the value is ~30% less after a year versus agreed value which stays at the price you paid until you change it.
I had agreed value on the original company I was insured with, $125K for quite a few years after we purchased our coach used. About 5 years ago when I went with a new company the agreed value was dropped to $58K, which made sense on a +12 year old coach at the time. I had to submit pictures and we came to the value. Last year I changed companies again and they agreed to keep the $58K value.
I went through the same process with my house insurance but the house insurance had an escalator built it to account for building costs.
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As it has been explained to me, you would receive a like current model replacement...not a used unit of similar make/model. And was also told that major insurance companies have more buying power than most anyone so they know what they're doing when acquiring a new unit for a claim. Thx for the thoughts.
__________________
ArkRVHog
2018 Forester Model 2801 QSF
Katy, TX
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01-30-2025, 07:45 AM
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#12
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Member
Join Date: Oct 2021
Posts: 98
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Quote:
Originally Posted by Cat320
Are you at liberty to say at what you are looking?
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2025 Newmar Ventana 3512
__________________
ArkRVHog
2018 Forester Model 2801 QSF
Katy, TX
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01-30-2025, 08:16 AM
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#13
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Senior Member
Join Date: May 2021
Location: Brenham, Texas
Posts: 2,572
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In my opinion, that is a fair quote. Just read the fine print.
I have found that it matters a lot on where you store the coach. We haven’t had a rate increase from National General since we bought our coach, so rates don’t always increase.
Enjoy your new coach.
__________________
Eddie and Jomaye, Retired
2018 Newmar Ventana 4369, 2021 Jeep Wrangler,
2024 Haulmark 20’ enclosed car hauler
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01-30-2025, 09:12 AM
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#14
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Senior Member
Newmar Owners Club Freightliner Owners Club
Join Date: Aug 2023
Posts: 300
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Impossible to say. Too many variables and never an apples-to-apples comparison to anyone else. Factors: where you live (zip code), crime rate, driving record, how it will be stored, miles per year, credit history, how you'll pay premiums (monthly or annually) ... Two guys living in the same town w/the exact same coach will have different rates based on their individualized variables.
Case in point: I've been paying considerably less than what you've been quoted going on 3 years w/Progressive (full replacement + roadside assist).
Good luck
__________________
'22 Newmar Dutch Star (Freightliner)
'20 Jeep Wrangler JL
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