Trailer insurance question

ddschuman wrote:
A RV policy vs an Auto Policy will give you better coverage and in many cases has the option of full replacement cost. Progressive and Good Sam both have RV policies. Although the majority of Auto carriers will insure a RV, they do so at a ACV (actual cash value which is replacement cost less depreciation). Of course an RV policy will only cover for full replacement cost if the unit relatively new and you pay for that coverage in your policy. You may check with Progressive (you can actually do a quote online if you choose). I was an insurance agent for 12 years (only gave it up for our family business) & know that Progressive quotes you do online are no more expensive than those done through an agent. Rates however are dependent on the geographic area where you primarily live so I really couldn't answer your question on premium.

Many thanks,
I'll check with Progressive

Jack L

A RV policy vs an Auto Policy will give you better coverage and in many cases has the option of full replacement cost. Progressive and Good Sam both have RV policies. Although the majority of Auto carriers will insure a RV, they do so at a ACV (actual cash value which is replacement cost less depreciation). Of course an RV policy will only cover for full replacement cost if the unit relatively new and you pay for that coverage in your policy. You may check with Progressive (you can actually do a quote online if you choose). I was an insurance agent for 12 years (only gave it up for our family business) & know that Progressive quotes you do online are no more expensive than those done through an agent. Rates however are dependent on the geographic area where you primarily live so I really couldn't answer your question on premium.

NanciL wrote:
We recently had an experience where a racoon ruined our trailer canopy, and our insurance carrier will only cover the replacement at a pro rated amount which is next to nothing.
I would like to get an insurance policy that covers items like the refrigerator, furnace, canopy, etc at full replacement value in case of an accident, (naturally not from wearing out).

Can any one recommend a carrier where you have had a positive experience, and roughly the annual cost for such a policy ?

jack L

I fail to understand the reasons behind this type of question. Companies adjust the costs of policies depending on where you live among other circumstances/variables. Your best bet is to do your own research as the same policy I have at company X may cost more or less for you.

Expect to pay a lot for a policy that offers replacement for things that wear out - if that even exists.

So to directly your question: No - I can't.

Thanks Nancil for your post. Although I do not have a answer either. And I was thinking the same thing of the replies you did make me think that I also need to look closer at the insurance I have which is also through my auto policy. If nothing else thank you for making me also look at what your question is.. Hopefully someone will post a sensible answer to your OP.

NanciL wrote:
I see eight replies, and not a one of you have answered the question that I asked.
It never ceases to amaze me that people will answer a post when they don't have the answer!

Jack L

I think they have the answer, it's just they realize what works for them may not work for you. I.e. there is probably no way my premiums would be representative of what you would pay. Way too many variables. I could tell you my insurance provider (whom I have a good working relationship with) and immediately 6 people would chime in with how lousy it is and all the problems they have had.

In short one size does not fit all.

I see eight replies, and not a one of you have answered the question that I asked.
It never ceases to amaze me that people will answer a post when they don't have the answer!

Jack L

Insurance companies, in order to severely limit their risk, have made policies on anything and everything almost worthless. Best bet is to put that money you would pay for non-liability insurance premiums in a savings account and self insure yourself.

Unless you have a very large awning I would just order some replacement fabric and skip the claim. I replaced my 16' awning fabric on my last Class A for under $200. My deductable is $500 on any claim on my vehicles. I do the same on my homeowners policy. Sometimes the hassle isn't worth the claim.

I have my TT insurance with my auto carrier, then there is no doubt of who is covering what when we are on the road! To my surprise, I found my carrier replaces items at full retail pricing. They do not use third party appraisers.

I'm sure most of us know that adjusters are not our friend. If they are company employee adjusters or for hire adjusters, it makes no difference. They have one thing on their mind and that is to get you to agree to the least amount possible.

Hold their feet to the fire and never accept their first offer. It is all negotiable.