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RV InsuranceOnce you purchase an RV, you will bombarded with RV insurance offers. If you join an RV club, you will be inundated with RV insurance offers. Lots of companies want to insure your RV.In this discussion we will go over our process for RV insurance selection, and discuss full-timer coverage and premium rates. We will also provide a link for more information. Our Search For RV InsuranceHaving never owned an RV before, we had no idea what we needed in the way of RV insurance. We quickly learned that RV insurance is much like automobile insurance except that full-timers on forums and websites were recommending something called Full-timer Coverage.Full-timer Coverage Another reason Full-timer coverage is important is that having the coverage ensures that your insurance carrier is quite aware that you use the RV as a home and that it does not remain stationary. Technically, an insurance company can deny coverage if it was not disclosed to them that the RV was intended to be used as a permanent residence. If your policy includes a Full-timer package, the insurance company sure has a tough time arguing that they did not know the intended use of the RV. Many full-timers feel that the Full-timer Coverage is not necessary, but it is our opinion that the extra premium is worth the peace of mind that we don't have to worry about our liability for someone falling off the steps. It also narrows down the companies we have to look at for quotes, because there are less than ten companies that offer the coverage. The added bonus of that is that those companies, just by having Full-timer Coverage, know better how to handle full-timer issues. Narrowing Down The Choices I called for a quote from Good Sams - their RV insurance is written through GMAC. I was not thrilled with the quote. Furthermore, we had not yet decided on a "Home Base" state so I wanted four separate quotes and was not met with a very enthusiastic response. So I turned to Miller Insurance Agency out of Oregon. They are endorsed by Escapees and the Family Motor Coach Association (FMCA). I liked the information on their website - Miller RV Insurance - and made the phone call. After listening to the friendliest automated phone system I had ever heard, I was greeted by a customer service representative. She was wonderful. She took down the information for our Keystone Cambridge and I also gave her information on our Ford F450 pick-up. I told her that I was still trying to determine which state I would claim for our home state, and I asked her to get me RV and Truck quotes for Kentucky, South Dakota, Texas, and Florida. I knew from their website that they deal with RVers and all the companies that issue Full-timer Coverage. She had quotes for me the next day. She had quotes by state (all four) for each vehicle, explained what the multiple policy discount would be if we took both policies, and let us know that we could get a large umbrella policy for minimal cost that would provide additional liability protection. I bound the coverage on all three policies and ended up with an RV policy from Drive Insurance (which is the Progressive Insurance brand for their insurance written by agents). Could we have done better? - Maybe. Should you get more quotes than we did? - Probably. So why did I stop with Miller RV Insurance? Because they did a lot of research quickly, professionally, and with a sense of caring. I knew the policies were reasonable, and I knew that this company would take care of us if we need them. Our Policy The policy also includes a Disappearing Deductible (Deductible for Comprehensive or Collision claims is reduced 25% for each consecutive year without a claim).
April 11, 2007 - April 11, 2008 The policy also includes a Disappearing Deductible (Deductible for Comprehensive or Collision claims is reduced 25% for each consecutive year without a claim).
April 11, 2006 - April 11, 2007 The policy also includes a Disappearing Deductible (Deductible for Comprehensive or Collision claims is reduced 25% for each consecutive year without a claim).
The policy also includes a Disappearing Deductible (Deductible for Comprehensive or Collision claims is reduced 25% for each consecutive year without a claim). Total Loss Replacement means that if we have a total loss anytime in the first five model years of our RV, the insurance company will pay for a new vehicle of the same model with the same equipment. After the five years, the coverage is the fair market value of the RV. SummaryWhen searching for RV insurance, here is our advice (it's free, so you get what you pay for). :)1. Make sure you request Full-Timer coverage (you can see ours was only an additional $95 a year) 2. Request Total Loss Replacement Coverage if your RV is new 3. Make sure you get Personal Effects Coverage that adequately covers your personal items (for better protection, schedule your personal items and values and make sure the insurance company has the schedule in their records with your policy) 4. Get as many quotes as you can (be sure to get quotes for multiple states for comparison if still deciding on a Home Base) 5. Consider insuring your tow vehicle or towed vehicle through the same company if it saves on premiums 6. AND MOST IMPORTANTLY, get quotes from Miller RV Insurance.
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