Best Motorhome Insurance Recommended

[Nomadac]

Time to renewal my MH Insurance. Seems to go up every year yet the MH goes down in resale value. We have it insured for agreed value vs. book value in a total loss. We currently have zero deductibles with no claims for the past 5 years so this is also a factor to be considered.

I know if we switch to another company they probably will not use agreed value and we will lose or zero deductibles if we have a claim.

Any good recommendations? Who are you insured with and what has been your experience with them? Are your rates increasing yearly?

[tropical36]

wny_pat wrote:
Had the same insurance company for over 15 years new, and they don't raise my rates!! But they are one of the highest, J.D. Power ratings for insurance companies, for customer satisfaction.

OK, but when was the last time you actually shopped around for a better rate. I mean loyalty only goes so far and contrary to some old beliefs, they all pay their claims and only argue when you want more and then you'll usually get it, even if it's just a little bit more.
Speaking of loyalty, why not name the company and most sure they won't mind receiving the flowers.

[wny_pat1]

Had the same insurance company for over 15 years new, and they don't raise my rates!! But they are one of the highest, J.D. Power ratings for insurance companies, for customer satisfaction.

[iamalienru]

What ever insurance you buy make sure you read the exclusion page. I had Nation Wide and I found out the hard way that they did not cover towed utility trailers. It was a long fight but I finally got them to pay a liabilty issue the utility trailer caused. Most insurance companies extend the coverage to what is being towed but there are some that will excluded certain towed vehicals/trailers. You may have insurance on your towed vehical but don't assume they will cover the liabilty it may cause while being towed. It will revert back to your MH insurance and if your MH insurance has excluded it you are screwed or in for a long fight. Just thought i would through this out there.

[nevadanick]

I shop all my ins every year, i also have $1000 ded on everything. Ins co has no loyalty to anyone and i am that way right back.

[tahiti16]

BobGed wrote:

Nomadac wrote:
With our policy if you have no claims the deductible decreases 25% each year, after the 4th year your deductible is zero. After your first claim it goes back to 100% and starts over. Our current policy is with National Interstate.

What does the deductible show on your policy? Even though you don't have a deductible to pay, your rates are still based on the existing deductible. You might want to discuss substantial raising your deductible with your insurance company. I'm sure you'll find your rates will be lower, and you will still maintain your no deductible status. In the unfortunate event you should have an accident, you can then lower your deductible if necessary.

This is a good point about your deductible, sounds like my policy with Progressive, when I talked to them a couple years back they had told me as the deductible drops, from no claims, raise the deductible my premium is figured on. Right now we are set at $1000 but if I have a loss the real deductible is $0.00.

One other is remember while the real value for the coach is going down your insured value isn't changing, this also increases the chances, for the insurance company, that someone could decide the best way to get out from under a rig is have an accident with their 5 year old coach that is insured for purchase price still.

We may look at dropping the value at the next renewal as the annual cost is getting up there. If something happens to the coach I do want to get a fair amount but we are now getting to the point the insured value is not a fair expectation in case of a loss.

[tropical36]

dbates wrote:
Insurance rates vary substantially from state to state, city to city and person to person, so what one company’s rates are, how they change from year to year and, how well they process your claims can vary substantially. Several people on this forum have dropped Progressive because of increasing rates but I’ve been happily insured with Progressive for over 5 years with very little rate change.
I changed MH coverage from State Farm (still have them for my toad) to Progressive because of the difference in their road service coverage (State Farm’s is tailored for autos and Progressive’s is designed for RVs) for virtually no difference in premium.

You need to shop for RV insurance, compare coverage, rates and service in your area then make a decision.

Dave

I've never mixed road service with regular auto insurance and use Coach net. They take care of the RV, probably better than any competitor and all of our cars as well. Actually for my wife and I, no matter what we're driving and even if we've borrowed a vehicle from someone else

[LongWeekends]

FWIW, I would recommend talking to more people that have actually had claims and see how that went. I can tell you that we have AmFam and they have been great. In reality all they have done is taken our premiums as we have not had a claim. Don't get me wrong, I'm not complaining....I hope to keep it that way. :-). Just something to consider.

[Roger_in_VERMON]

We have had an agreed value policy with Progressive thru Farm & City Insurance agency for 8 years. We now have zero deductible and our rates have not changed.

[BobGed]

Nomadac wrote:
With our policy if you have no claims the deductible decreases 25% each year, after the 4th year your deductible is zero. After your first claim it goes back to 100% and starts over. Our current policy is with National Interstate.

What does the deductible show on your policy? Even though you don't have a deductible to pay, your rates are still based on the existing deductible. You might want to discuss substantial raising your deductible with your insurance company. I'm sure you'll find your rates will be lower, and you will still maintain your no deductible status. In the unfortunate event you should have an accident, you can then lower your deductible if necessary.

[dbates]

Insurance rates vary substantially from state to state, city to city and person to person, so what one company’s rates are, how they change from year to year and, how well they process your claims can vary substantially. Several people on this forum have dropped Progressive because of increasing rates but I’ve been happily insured with Progressive for over 5 years with very little rate change.
I changed MH coverage from State Farm (still have them for my toad) to Progressive because of the difference in their road service coverage (State Farm’s is tailored for autos and Progressive’s is designed for RVs) for virtually no difference in premium.

You need to shop for RV insurance, compare coverage, rates and service in your area then make a decision.

Dave

[Nomadac]

Executive wrote:

As a question for you, though, why do you carry a zero deductible? I carry a $1000/ded, collision and a $100/comp. I have zero accidents so I don't see why I need to pay a high ded for that coverage. If you're accident prone then I could see a zero but it doesn't sound like you are so I would explore different deds and see what happens to your quotes....good luck...Dennis

With our policy if you have no claims the deductible decreases 25% each year, after the 4th year your deductible is zero. After your first claim it goes back to 100% and starts over. Our current policy is with National Interstate.

[tropical36]

I think one must shop around about every 3 yrs to get the best prices. Last time we went with State Farm and it's always for all of our vehicles.

[Passin_Thru]

We have Erie and our barn burned, they apid to rebuild it full price, Our equipment came under equipment and they cover it seperately and the RV comes under Vehicle insurance.

[LVJ58]

Been insured with Foremost Insurance Co. now for 18 years and have enjoyed excellent service from them. Hassle free claim service and no premium increases over the years.

A few years ago Farmers Insurance became their parent company. Highly recommend them.

Good luck with your choice and safe travels...