Gap insurance and total replacement coverage
We are picking up a new TT in a few days and the dealer asked if I wanted gap insurance. I said no the last time and I'm tempted to say no this time too because my DW typically pays more on out month...
Forum Discussion
I have been using some form of Rv for almost 30 years. I have paid cash for every RV and didn't need gap coverage. As far as full replacement coverage, to me it is not worth the extra cost. I have never damaged an RV in my 30 years so I never filed a claim. When I bought my current TT, it was new and the cost of full replacement coverage would have been almost double the cost of my depreciated value coverage. In 30 years, I have NOT PAID the extra coverage and as a result, I saved enough to pay for another new TT with the savings. You decide what your piece of mind is worth, and you pay the insurance bill to cover any loses. I would not be able to afford all of the toys that ZI have if I had to pay for gap and full replacement insurance on all of them.
