Just to be clear, my post about RV values was regarding MY vehicle's collision portion of my policy. I was talking about how State Farm insures it for MSRP when, in reality, replacement would not require paying anywhere close to MSRP. They are essentially squeezing a little more out of each policy.
wrapperman - You're talking about something different, the liability portion of your policy. Agreed that you need more, not less, given a generally litigious society. But, that said...
NCIC105 - You are spot on regarding an umbrella policy. It's more cost effective & covers more situations to insure yourself from a liability perspective with an umbrella policy versus any 1 individual vehicle policy.