Insurance declared value of used motor home
Has the pandemic affected the price of used motorhomes for sale any? I'm currently changing insurance companies on my 2016 diesel motor home due to $990 increase on current policy for renewal and the...
Forum Discussion
doxiemom11 wrote:
A collector car is not insured with the same type of policy that a car or rv is. Unless maybe you have a vintage rv that is 25 yrs or older and in mint condition. Common for base value on a car or rv to start with the manufacturers suggested retail.
My 45 year old Corvette is in mint condition. It is on the same policy as my other 2 vehicles. It just has a rider for the Corvette stating ACV value. The funny thing is, State Farm has a Safe Drive program and when I have to update the odometer on the Corvette(3 or 4 times a year thru my Smart Phone), I have to call my insurance Agent because the State Farm Computer does not recognize the lack of very little increased mileage on the Corvette. Doug
