RV insurance jumped
Well my insurance jumped $150 for the year, my agent says they go by MSRP now and not what you paid for it.
Forum Discussion
Hornnumb2 wrote:
This is through state farm, says that has changed for this year. I paid 21 and they are using 30 as the value. I requested a quote from Good same but they were $40 more than State Farm
I have everything ( cars, trucks, motorcycle, houses, RV ) thru State Farm, and when I bought this trailer four years ago, the agent told me at that time they used MSRP ( not actual price paid ) as one of the variables in calculating premium. So at least in my case, this is not something they have changed very recently.
PS. my county also used MSRP in establishing the basis for annual personal property taxes.
However, sales tax was based on actual price paid of course.
