Insurance Costs?

[paulmlac]

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.

[NCIC105]

Originally Posted by paulmlac

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.

I agree it appears all insurance companies up the true value of your property, so they can charge you a higher premium.

[MrJoe]

We got $484/year with Progressive. It's an agreed value plan with reasonable deductibles.

Thanks Guys!

[Geri]

We went with Good Sam after trying 'bundling' with home and auto. Turned out that Sam for RV and house/cars with Costco was cheapest.