Insurance increase for going full-time RVing
We decided to go full time again, and sold our house. AAA bumped up our vehicle insurance $3,000 because we are going full time. Has anyone else encountered this, and can anyone recommend an insur...
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Also, when full timing, the insurance company has to factor in the fact that they do not know where you will be. With your stick home, they rate all the risk factors based on that location. For example, in Texas and Oklahoma, the risk of storm damage from hail, tornado and severe thunderstorms is greater than that same risk in Nevada. Loss due to wildfires is greater in some areas of California than it is in others. You can have your property wiped out by a Hurricane in Florida, not likely in Montana. But with an RV, you can be in any of the high risk areas at any time.
The basic assumption is with recreational use, the rig is at the home address most of the time and driven only part of the time. Full timers will be using the rig all the time. It will be on the road more, potentially in a high risk area longer, as well has having the need for the increased coverages such as Liability as others have well documented. However, I bet your new insurance rate is still much less than the combined amount you paid for both your recreational use RV and your stick and brick.
The basic assumption is with recreational use, the rig is at the home address most of the time and driven only part of the time. Full timers will be using the rig all the time. It will be on the road more, potentially in a high risk area longer, as well has having the need for the increased coverages such as Liability as others have well documented. However, I bet your new insurance rate is still much less than the combined amount you paid for both your recreational use RV and your stick and brick.
