10 percent cancellation fee!!!!
Hi everyone. I am a Good Sam life member and a full time RVer. I decided to write this to inform other Good Sam members about my bad experience with GMAC/NGI's poor customer service, high rates, and t...
Forum Discussion
Weathershak based on your experience the carriers must experience a much higher risks from people using a MH full time. Even a fender bender in a MH can cost a lot of money but the damages a MH can do to people and property can be a real unknown. Driver age can be another risk a carrier must consider since there is no license/health exams unlike truck drivers driving the same basis chassis.
Some do keep a home port so I guess they do not have the same cost issues because they have a physical address and property/auto coverage at that physical address. This also gives them a place to stay if they roots/family in that region.
Of course the $1200 a year in your case would not offset the cost of owning/maintaining a home port. :)
We by car went to Pigeon Forge TN for a mutual insurance convention this week and saw some nice rigs. We passed a huge DP towing a huge PU truck hauling a huge motorcycle. That was a huge unknown risk factor to insure.
As carriers get hit in loss ratios all risks will be reviewed and they may decide to get out of the low margin insurance products and the few that stay will price the products to insure profits. We had to move to a new homeowner company in 2014 because the one we had pulled out of the state due to loss ratios.
Some do keep a home port so I guess they do not have the same cost issues because they have a physical address and property/auto coverage at that physical address. This also gives them a place to stay if they roots/family in that region.
Of course the $1200 a year in your case would not offset the cost of owning/maintaining a home port. :)
We by car went to Pigeon Forge TN for a mutual insurance convention this week and saw some nice rigs. We passed a huge DP towing a huge PU truck hauling a huge motorcycle. That was a huge unknown risk factor to insure.
As carriers get hit in loss ratios all risks will be reviewed and they may decide to get out of the low margin insurance products and the few that stay will price the products to insure profits. We had to move to a new homeowner company in 2014 because the one we had pulled out of the state due to loss ratios.
