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I've had Progressive for 11 years with the Total Loss Replacement Policy as a Texas resident (Escapees). Never had a damage claim, did use for windshield maybe once. I've had the $0 deductible for at least 5 years. By relocating our base to Ohio, I thought that comp and collision would go down since we wouldn't be in hurricane alley. They had to write me a new, 180 day usage, Ohio policy and it is higher than the Texas  full-time policy. I've always dreamt of the day that I would collect the purchase price that I paid in 05 on a 16 year old MH. There is no guarantee that the replacement policy will be carried over on renewal in Nov.  So I'm accepting the fact that Total Loss Policy is gone. Any full-time insurance recommendations out there?

Thanks,

Gary 05 AMB DST

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Total Loss Replacement is based on the replacement cost at the time of loss, not the original purchase price.  Often the will start with offering you Blue Book price, if the coach is totaled.  Then it's up to you to negotiate the real replacement cost, based on your specific coach, improvements (not routine maintenance) you made and options not included in the Blue Book basic price.  I'd be really surprised if you can purchase a $0 deductible policy now days.

  -Rick N.

 

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We went through RIS / Blue Sky - RV Insurance. They are a broker that was recommended to me. They ended up quoting us a Safeco policy. We are not full timers but this policy was cheaper than USAA and Progressive.

THERESA COGAR

Sales Manager  ||  Recreation Insurance Specialists

202 Montrose West Avenue • Suite 200 • Akron, OH 44321

T 844-747-9320 ext. 520 F 234-542-1044

RISAGENCY.COM

 

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I have safeco.  Not a full time policy.  It's an agreed amount policy @ $200k for total loss.  Just went up to about $1600 per year after a $400 dollar increase with no claims.  Liability limits at $300k with a $2 million umbrella.  Had one glass claim that ended up costing them $4,000 for the driver side fixed window replacement, or Safelite paid after a faulty workmanship claim when the first window almost fell out.

DrDon4u, if you wouldn't mind sharing your coverage details, I'd like see if I'm paying too much.  I think I have a $1,000 deductible, and $300k liability plus the umbrella.  But as stated, it's an agreed upon value policy which I'm sure adds to the premium.  

Woody Miller

09 Dynasty

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Quote

Im sorry I don't have the detailes with me, but you can call AARP HARTHARD at 844-769 2964 and get a free quote. Everyone is different. Roadside Assistance is included for free. 

 

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19 hours ago, waterskier_1 said:

Total Loss Replacement is based on the replacement cost at the time of loss, not the original purchase price.  Often the will start with offering you Blue Book price, if the coach is totaled.  Then it's up to you to negotiate the real replacement cost, based on your specific coach, improvements (not routine maintenance) you made and options not included in the Blue Book basic price.  I'd be really surprised if you can purchase a $0 deductible policy now days.

  -Rick N.

 

Progressive had a purchase price contract. The $0 deductible comes after 5 years of no claims. Reduces yearly till it's $0.

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Our insurance policy purchased when new in 2014 says in the event of a total loss, it is replaced with a one year newer coach within the first 5 years of the policy.  If a total loss after the first five years, my policy specifically sates that we get "Our original purchase price refunded back to us." and each year the original purchase price is indicated on the policy..  Yes it is an expensive policy and at that time was only available with new purchases.  Stay well, Stay safe

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1 hour ago, vegaman19760 said:

Our insurance policy purchased when new in 2014 says in the event of a total loss, it is replaced with a one year newer coach within the first 5 years of the policy.  If a total loss after the first five years, my policy specifically sates that we get "Our original purchase price refunded back to us." and each year the original purchase price is indicated on the policy..  Yes it is an expensive policy and at that time was only available with new purchases.  Stay well, Stay safe

Ours was the same, and for quite a few years, we continued to renew with full replacement until it finally got way too expensive.  Figured especially with us full timing, a big chunk of change would make it a lot easier to move on.

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2 hours ago, vegaman19760 said:

Our insurance policy purchased when new in 2014 says in the event of a total loss, it is replaced with a one year newer coach within the first 5 years of the policy.  If a total loss after the first five years, my policy specifically sates that we get "Our original purchase price refunded back to us." and each year the original purchase price is indicated on the policy..  Yes it is an expensive policy and at that time was only available with new purchases.  Stay well, Stay safe

Dick, who was your insurer?

Gary 05 AMB DST

31 minutes ago, willbo777 said:

Ours was the same, and for quite a few years, we continued to renew with full replacement until it finally got way too expensive.  Figured especially with us full timing, a big chunk of change would make it a lot easier to move on.

Bill, your insurer?

Progressive told me that first they pay off any loan balance then you have a certain time to find a new motorhome with the balance. 

Gary 05 AMB DST

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Gary,

Our insurance was with Progressive, the first 5 years they will replace with a like unit, then after as long as you keep renewing they will pay the purchase price.  Obviously if you have a loan, the loan would be paid first.  After the first 5 years with replacement unit, it was just cold hard cash, less the pain amount obviously.  No requirement to buy another coach.  In our case it was a lot of money, and they knew it ,so the premiums went up and up, and like I said for awhile I paid them until we felt it was a more investment for the chance of a total loss.

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Different in every state. I had foremost on my fifth wheel since I had house and vehicles with farmers. They went up so I shopped and went to progressive.

Then moved house and vehicles to state farm so when I sold the fifth wheel and dually and got the Monaco I called progressive for a quote and state farm for a quote.

Progressive was 2200 and state farm was 1500 for the same coverage. High limits on liability. I asked about set value replacement deal like I had on my Montana (70,000) and was told by both they didn't offer that on a unit this old (2007). At least they said something like that. Both did say I would be paid book value in case of a total loss and they both had my book value at $125,000.

 

This is in IL.

 

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