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 your premium?My travel trailer is worth around $30k, and the premium is about $500. It seems high because it doesn’t have a motor and doesn’t have a separate liability policy. Any liability attaches to our primary home, auto, and umbrella policies.Not looking to squeeze any pennies here, but want to make sure I’m paying a fair price.

Basically, the easiest way to find out if your current company is charging you excessively or not, is to make a few phone calls and get a few quotes from other companies.Keep in mind that in addition to your location, it matters whether you are full or part time, and it also matters whether the policy is actual cash value (current blue book price), agreed value, or total loss replacement. So responses to forum questions like this can be comparing apples and oranges.

Matches is at $450 a yr. 1000 deductable. I know cheaper insurance is available, not sure if limits are raised to meet umbrella minimums.On second thought...not sure about deductable

Seems a bit high but not unrealistic. I'd shop around. Our camper (only worth around $10k) is about $150 attached to our AmFam policy. It's not dollar for dollar based on value. Boat was insured for $50k replacement and was $300 a year now for ACV of under $40k and less than $300.

We have full replacement coverage ($35K) coverage on our fifth wheel trailer as required by our lender. Full replacement coverage is for the first four years, agreed valued after that. It is separate RV insurance not connected with our auto policy. $400/year with Nationwide. Not sure what the deductible is -- probably $1,000.

My trailer is insured with State Farm for $438 a year. I carry a motor home contents coverage endorsement that is about $72 of that annual cost. A friend just had her trailer stolen and trashed. Insurance paid the value of the trailer less her deductible. Some of her contents could have been covered by her homeowner's insurance, but paying the $2,000 deductible would have made that a useless solution.

How much do you pay to insure your trailer? | Good Sam Community

Merrykalia
Explorer
Oct 14, 2018
You can get 4-6 quotes in about 10 minutes online and they will let you know if your policy is expensive or about right.

I did that with GEICO here recently and we changed over to them. It saved me about $800/year on two vehicles and our RV. We left our home-owners where it was since it was cheaper. All of the policies were with the same deductible, same over-all coverage.
Optimistic_Para
Explorer
Oct 14, 2018
Let me throw one other thing out here. A low price is nice, but if you ever NEED to collect on your insurance policy, you need it to be with a company that isn't known for playing games when you file a claim. Here's how you can check it out:

https://www.kiplinger.com/article/insurance/T004-C001-S001-how-to-check-an-insurer-s-complaint-record.html
3_dog_nights
Explorer
Oct 14, 2018
not only location but credit scores play into it, no way to ask one of us for a comparable value.
Cummins12V98
Explorer III
Oct 15, 2018
OP at $500 for one year??? If so do they provide lube with that policy???

I have my RV as part of my truck with Farmers. I have 100K coverage on the RV and pay $267 for 6mo.
Rover_Bill
Explorer II
Oct 15, 2018
My TT is covered for $23K (actual cash value) on my Allstate auto policy with a $500 collision and $100 comp. ded. for only $127 for 6 mo.

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