Rating Basis on Motorhome insurance Coverage
We've had our motorhome insured with National Interstate for 4 years now. When we first got it, we were able to insure the agreed value of the motorhome, meaning in the event of a total loss, we wo...
Forum Discussion
This is a common problem even in other lines of insurance such as non-owner occupied flood insurance. You get charged for what is in the declaration page regardless of what they would actually pay in a claim. If you are at ACV (Actual Cash Value) you should insure for slightly more than ACV. The reason for being more has to do with you being able to argue your coach is special and deserves more value with an adjuster. You should not insure for the retail value of a "new" coach.
