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

15 Replies

jjjandrbaker
Explorer
Oct 14, 2018
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.
Addy15
Explorer
Oct 14, 2018
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.
Grit_dog
Navigator II
Oct 14, 2018
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.
path1
Explorer
Oct 14, 2018
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
Optimistic_Para
Explorer
Oct 14, 2018
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.

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How much do you pay to insure your trailer?

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