National General Assurance Co (GMAC) Renewal - NOT!
A few days ago I received my renewal notice for my RV/Toad insurance which we have had since purchasing our current RV. My wife and I are full time RVers and are registered in South Dakota. Since we are both retired and nearing the age for being eligible for Medicare we began looking at possibly changing our residency to Florida where we spend the majority of our time during the year. I contacted National General and was turned over to their "sales" representative for a quote on Florida coverage. Other than the minimal changes in coverage as mandated by state regulations I was given a quote that literally took my breath away! Current annual premium on both the car and RV if renewed and residency remained in SD would be $2,156. Note here that this would be a 19.8% increase over my 2012 rate with no claims, no violations, etc. Should I choose to change to Florida residency the new premium would be $8,020.94. If my calculations are correct this would be an increase of 372%. Obviously National General has no interest in writing insurance in the state of Florida or keeping my business! The fact that they would even provide such a ridiculous quote has made me decide to look elsewhere for coverage regardless where we decide to settle down. So far I have been able to find comparable coverage for the RV for less than a third of their quote. Still receiving quotes for the toad since very few companies are able to write a true Fulltime Coverage policy which covers both the RV and auto. Nothing has been locked in yet so anybody with similar experience with insurance in Florida that would care to share some recommendations I would greatly appreciate your input.
