How much do you pay to insure your trailer?
Our insurance co (Amica) has bumped up its premiums this year. I have no idea what is a fair price and of course it will value a lot by location, but what do you insure, what is it worth, and what is ...
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Sounds very high to me compared to what we pay for $100 deductible full coverage 100,000/300,000 liability insurance on our RV's but then everything is quite a bit more expensive west of the Rockies.
2 years ago and for over 30 years with the Ins Co we had was $35 and $36 per 6 months each added to our blanket vehicle ins policy and had our home, second home, all vehicles, 2 boats, and the 3 RV's covered under one blanket policy as it sure saved lots of money yearly.
We had changed carriers 2 years ago this month and the policy is due for a somewhat similar blanket policy premium is due on the 29th of October and it's exactly the same as last year cost. We'd changed take advantage of the umbrella they offered with $1.5 million liability which our previous carrier did not have. We were happy with the previous carrier but wanted more liability coverage and some more discounts and had to change to get it and that is the reason for the change.
Our new carrier's blanket policy adds the RV's and boats to the Home Owners policy coverage instead of being on the vehicle policy and still has a $100 deductible. The cost per the 2 RV's presently owned is still unchanged for the last 3 years including the 2019 renewal at $78/yr and $113/yr so just a little more expensive but has a nice umbrella coverage too. The new carrier also gives sizable discounts for having a college education and excellent credit record which we have and our previous didn't offer at competitive rates.
If our present carrier should raise the premium costs much at all, we'd surely change again to keep a lower cost as we sure are not married to any ins co. Simply be competitive in the marketplace or we won't spend our money with you and you will lose our business! It's that simple and easy!
Insurance costs differ so much between states, locations, and personal driving records and various qualifying factors so there's no real standard to gauge from.
2 years ago and for over 30 years with the Ins Co we had was $35 and $36 per 6 months each added to our blanket vehicle ins policy and had our home, second home, all vehicles, 2 boats, and the 3 RV's covered under one blanket policy as it sure saved lots of money yearly.
We had changed carriers 2 years ago this month and the policy is due for a somewhat similar blanket policy premium is due on the 29th of October and it's exactly the same as last year cost. We'd changed take advantage of the umbrella they offered with $1.5 million liability which our previous carrier did not have. We were happy with the previous carrier but wanted more liability coverage and some more discounts and had to change to get it and that is the reason for the change.
Our new carrier's blanket policy adds the RV's and boats to the Home Owners policy coverage instead of being on the vehicle policy and still has a $100 deductible. The cost per the 2 RV's presently owned is still unchanged for the last 3 years including the 2019 renewal at $78/yr and $113/yr so just a little more expensive but has a nice umbrella coverage too. The new carrier also gives sizable discounts for having a college education and excellent credit record which we have and our previous didn't offer at competitive rates.
If our present carrier should raise the premium costs much at all, we'd surely change again to keep a lower cost as we sure are not married to any ins co. Simply be competitive in the marketplace or we won't spend our money with you and you will lose our business! It's that simple and easy!
Insurance costs differ so much between states, locations, and personal driving records and various qualifying factors so there's no real standard to gauge from.
