Newbie Question about RV Insurance
This is a question from a first time RV buyer. I am in the process of purchasing a late 90's Class C RV. It appears to be in really nice shape. It just needs a good cleaning from top to bottom (dust, ...
Forum Discussion
Mike_Ehrmantraut wrote:tatest wrote:
Look at the policy details. Are you trying to insure something for which you might carry the risk yourself? Small deductibles? Do you have mileage estimates right?
Comprehensive risks tend to mean high premiums on that coverage for vehicles that spend a lot of time in storage.
Claims history means a lot more than driving record.
Changing the deductible from $250 to $500 only dropped it to $468. I have the paperwork from the insurance agent with all the details.
I do not believe I have ever filed a claim with my insurance agent before.
Changing the deductible from $250 to $500 does little to reduce the insurer's risk. $500 is still a small deductible. Most small damage goes beyond that with today's labor costs, prices of parts like windshields. A deductible of $1000, $2000 or more will usually bring comprehensive premiums down, particularly if you also do not cover contents. Still, for most automotive policies, comprehensive is usually not much more than 1/4 to 1/3 of the premium, liability is often half and you can't do much to reduce that except to move. Found that out by taking some low value vehicles to liability coverage only.
Then of course, if the rules are "no fault" you don't have much room to manipulate the balance between insured risks and risks you take on yourself.
