Executive wrote:
As with any insurance company, time changes everything. Full timer insurance also contains a "homeowner liability" contract so it's more expensive. Like MrMark, we carry large coverage amounts. However, I carry a $1k collision and $500 comp. deductibles. Also, when your rig reaches the magical 10 year mark, replacement coverage goes away and it becomes an agreed upon replacement amount, negotiated between you and the carrier...Dennis
Good info Dennis, I would like to emphasize
get the agreed upon value in writing and be aware many insurance companies like to revalue at the time of a loss.
