Northwood Manufacturing's Defective Trailer
My husband and I purchased a brand new 2010 Northwood True North OSV trailer in May, 2010. In April 2014 we pulled back the floor to find extensive water damage. We could wring the water out of th...
Forum Discussion
I called my insurance place (RV's are underwritten by The Hanover Group) this morning and asked them about water damage coverage from a leak or a flood and how premiums are calculated for different brands. Her answer was that various manufacturers and model lines are classified by risk level experience into categories. BTW, Yes, they do cover leaks from an event cause or natural disaster flood damage but not if from neglect or a manufacturing error or defect. Makes sense to me.
Then I asked her about which brands or model lines were in the high risk category and she read the list off her computer of the high and cautionary manufacturers and Northwood was one of them. I asked, what does that do to the premium rates and she said it is in a higher rate per thousand category for the comprehensive RV unit damage coverage due to the higher risk but the other coverages (Liability, medical, etc are not affected. Just the RV itself.
I can't repeat what else was said as she asked me not to repeat it but it made good sense of why the various classification levels are being used and why. Unfortunately, the OP has found out for themselves with the high dollar loss they must endure personally.
Not scientific by any means but kind of answered many questions I had as to where our RV's were on the list because our non-motorized RV insurance premiums are extremely cheap per each 6 month period. 6 month period/premium is how they write their policies. We've had the same insurance company blanket coverage policies for the last 33 years and not about to change.
As I've posted before, we had a tree fall and crush/total our 36' Carriage 5th wheel in 2006 while we weren't in it and in 2012 a tornado went over the top of us down in Florida in February and some of the larger branches that fell butt first gouged/ripped our rubber roof membrane and gouged the plywood under it on our other 5th wheel. I went up and put adhesive around and under the tears and put Gorilla tape layers over the ripped and called our insurance company and they OK'd it so we could get it back home to have it repaired which was another layer of plywood over the original wood and a new membrane and moldings. Looks just like new and has double plywood for the roof now! Our insurance company sent an adjuster and our insurance was outstanding plus and covered both beyond our expectations. NO, our insurance premimums did not go up a dime from either claim as it was from natural causes.
Then I asked her about which brands or model lines were in the high risk category and she read the list off her computer of the high and cautionary manufacturers and Northwood was one of them. I asked, what does that do to the premium rates and she said it is in a higher rate per thousand category for the comprehensive RV unit damage coverage due to the higher risk but the other coverages (Liability, medical, etc are not affected. Just the RV itself.
I can't repeat what else was said as she asked me not to repeat it but it made good sense of why the various classification levels are being used and why. Unfortunately, the OP has found out for themselves with the high dollar loss they must endure personally.
Not scientific by any means but kind of answered many questions I had as to where our RV's were on the list because our non-motorized RV insurance premiums are extremely cheap per each 6 month period. 6 month period/premium is how they write their policies. We've had the same insurance company blanket coverage policies for the last 33 years and not about to change.
As I've posted before, we had a tree fall and crush/total our 36' Carriage 5th wheel in 2006 while we weren't in it and in 2012 a tornado went over the top of us down in Florida in February and some of the larger branches that fell butt first gouged/ripped our rubber roof membrane and gouged the plywood under it on our other 5th wheel. I went up and put adhesive around and under the tears and put Gorilla tape layers over the ripped and called our insurance company and they OK'd it so we could get it back home to have it repaired which was another layer of plywood over the original wood and a new membrane and moldings. Looks just like new and has double plywood for the roof now! Our insurance company sent an adjuster and our insurance was outstanding plus and covered both beyond our expectations. NO, our insurance premimums did not go up a dime from either claim as it was from natural causes.
