Forum Discussion

Murby9411's avatar
Murby9411
Explorer
Aug 16, 2018

Tornado destroyed TT - Cash Out, Replace or Upgrade?

Our family purchased a TT in June 2018. We had only used it one week locally before taking it cross-country to Colorado. Sadly, while traveling on i70 in Kansas on July 25th, we got stuck in a terri...
moresmoke's avatar
moresmoke
Explorer
Aug 17, 2018
However you want to look at it, the insurance money will be going to pay off the loan on the destroyed trailer. Whatever you decide to do in the future will be financed with a new loan, secured by the new RV and whatever is left of the insurance settlement (if any).

About Travel Trailer Group

44,056 PostsLatest Activity: Nov 19, 2013