strudeau wrote:
Just received my letter from Blue Sky stating that they were getting out of the RV market.
Called Good Sam and they quoted me a policy that was $800 more per year than what I had been paying, this quote was through National General. He went on to tell me that “you pay more for our insurance, but we’ll never go out of business like the other guys.” He said he could quote me a policy through Progressive, but it would be more expensive. I told Him he was too high on his quote, he promised to work some numbers and call me back the next day. Overnight his quote went up $200 and the dollar values were unchanged.
I ended up calling Progressive my self and getting the same dollar value policy I had through Blue Sky. This was nearly $1K less than Good Sams quote. All for the piece of mind of knowing they’ll never go out of business. I believe him, at those prices they’ll be in business forever.
I wonder why companies are getting out? You would think the claim stats are not too bad and it would be profitable....