WARNING: Good Sam "pay when you go" RV insurance
The October issue of Motorhome arrived today and the outer cover was an advertisement for Good Sam RV Insurance using the headline "See how much you can SAVE with "pay when you go" RV insurance? This sounds really good and it was also offered in past years. I bought my coach in January 2014 and bought the GS insurance through National General Insurance Group. When I was arranging the insurance, I asked for details on savings when I had the coach stored. The agent told me all about those savings but then added that I should check with my state to make sure the storage option was legal. It happened the agent was in Missouri and I live in Missouri so I figured she was giving me a clue on this matter. I emailed the state motor vehicle office asking about the legality of dropping my liabilty insurance while my RV was in storage. Here is the answer I received:
"As long as you have valid registration (plates) on the motor home, you must carry at least the liability minimums, even if the unit is in storage and you do not use it.
However, if you surrender the plates during the time the unit is in storage you are not required, by our office, to maintain the minimum liability insurance on the unit. If your insurance coverage goes below the Missouri minimums, you may be penalized, even if the unit is in storage and not in use."
In the small print under the advertisement is the statement that 'Availability, eligibility, ..........may vary by state and carrier"
But the point is - don't leap before you look and do check with your state motor vehicle folks before asking for the pay when you go insurance option. GS should be ashamed to putting out this kind of advertising without making it clear that some states do no allow such an option.
"As long as you have valid registration (plates) on the motor home, you must carry at least the liability minimums, even if the unit is in storage and you do not use it.
However, if you surrender the plates during the time the unit is in storage you are not required, by our office, to maintain the minimum liability insurance on the unit. If your insurance coverage goes below the Missouri minimums, you may be penalized, even if the unit is in storage and not in use."
In the small print under the advertisement is the statement that 'Availability, eligibility, ..........may vary by state and carrier"
But the point is - don't leap before you look and do check with your state motor vehicle folks before asking for the pay when you go insurance option. GS should be ashamed to putting out this kind of advertising without making it clear that some states do no allow such an option.
