|
02-23-2017, 06:08 PM
|
#1
|
Senior Member
Join Date: Mar 2012
Location: South Texas
Posts: 343
|
Insuance confusion ????
I'll try to explain my confusion.
1. I have Good Sams (Nat'l Gen.) insurance for my 2012 5th wheel (Alpine). Year before last is was 400.00, last year was 600.00, this year quoted 800.00. Why does it go up each year? Never had a claim.
2. I also have a Phoenix Cruiser, class C Motorhome. The policy for full coverage is 544 buck/year. It's value is twice the amount of the 5vr.
3. The Motorhome has liability, where as the 5vr doesn't, the truck covers that. Does not make since.
I'm hoping someone, knowledgable about insurance can help and explain this. Also, what kind of rates are you paying and to who?
Many thanks, this is so frustrating.
__________________
Sandy & Ann
2019 Alpine 3401RS
2011 Ford F350 Diesel
|
|
|
02-23-2017, 07:19 PM
|
#2
|
Senior Member
Join Date: Feb 2014
Location: radium hot springs bc
Posts: 2,007
|
Kind of a weird system we have here in BC, The truck has to be insured by the province ICBC. Very high rates. Our RV is insured through a company in Alberta. Very reasonable, all perils, new replacement, etc $124/yr. Mind you it's a 2013 Cougar 24RKS not an Alpine.
__________________
2018 Ram 3500 6.4 Harvest Edition
2018 Cougar 27RESWE
|
|
|
02-23-2017, 07:32 PM
|
#3
|
Site Team
Join Date: Jul 2014
Location: Modesto
Posts: 20,347
|
Insurance rates can be affected by any number of factors. I think you might have better luck speaking to your insurance agent, or a representative of your insurance company, since I'm willing to bet it will require some "personal" information that probably shouldn't be posted in a "public" forum.
We have Allstate, and since all of our insurance policies are with them, I think the trailer is like $160.00/yr.
__________________
2012 Copper Canyon 273FWRET being towed by a 1994 Ford F350 CC,LB,Dually diesel.
Airlift 5000 bags, Prodigy brake control, 5 gauges on the pillar.Used to tow a '97 Jayco 323RKS.
Now an RVIA registered tech. Retired from Law enforcement in 2008 after 25+ yrs.
|
|
|
02-23-2017, 08:37 PM
|
#4
|
Site Team
Join Date: Jun 2009
Location: Venice
Posts: 5,346
|
I'm wondering why you have three different insurance policies????
My GS policy is for all vehicles owned and has liability on the trailer for when it is not connected to the TV. When it is stored on my home property the 5er is covered under my home owners so it comes off my auto policy. I have everything with the the same company .... makes it a lot easier not to mention, cheaper. Hank
__________________
Hank & Lynn
2007 Cougar 290RKS, E-Z Flex, 16" XPS RIBs ( SOLD .. Gonna miss her ... looking for new 5r)
2004.5 Dodge 2500 QC, LB, 5.9HO, WestTach gauges, Ride-Rite
|
|
|
02-23-2017, 09:00 PM
|
#5
|
Site Team
Join Date: Feb 2014
Location: W. Texas
Posts: 17,692
|
As has been said there are many personal equations that go into your insurance costs which I'm sure you don't want to share in an open forum. That said, I'm from TX. I've never had GS give me a quote that was competitive so I've never done business with them as far as insurance for "stuff". The rate increases are driven by many things including state mandated changes (and TX has a lot) or company driven changes. I would highly recommend doing some rate shopping instead of worrying about what the GS rates are. Ask them why they increase. Tell them you will look for another insurer if they can't compromise. On the other hand, if your claim history is negative I doubt you will get a very good rate from anyone.
|
|
|
02-24-2017, 04:12 AM
|
#6
|
Senior Member
Join Date: Jul 2013
Location: Liberty, Texas
Posts: 5,034
|
I try to keep my life simple. I keep all my insurance at one place, the State Farm office 4 blocks from home. Homeowners, auto, RV, and boats. When I walk in they know me by name. Supposedly, according to them, I'm getting a lot of discounts. I likely could get some of it cheaper elsewhere but it's not worth the effort to me.
__________________
2018 Ram 3500 Laramie CC DRW LWB 4X4 Cummins Aisin 3.73
Reese Goosebox 20K
2018 Heartland Landmark 365 Oshkosh
2008 Bigfoot 25C9.4 LB Cabover
2023 CanAm Defender SXS
|
|
|
02-24-2017, 04:35 AM
|
#7
|
Senior Member
Join Date: Jun 2016
Posts: 252
|
I just renewed my 5'er annual insurance policy. I'm with State Farm, have a comprehensive policy covering 65k value for collision and non-collision (aka fire/wind/flood/theft) with a $250 deductible. That policy costs me $650 for the year. Liability is inherited from the tow vehicle as you mentioned.
My recommendation is to don't be afraid to switch providers to save some money. When I started my policy with State Farm they were actually cheaper than Good Sam by a couple hundred bucks and provide better coverage all the way around. No brainer in my case.
__________________
2015 F350 LARIET CCSB SRW PSD
2017 KEYSTONE FUZION 325
|
|
|
02-24-2017, 09:02 AM
|
#8
|
Senior Member
Join Date: Oct 2016
Location: North Central Florida
Posts: 177
|
I take the approach that I owe no allegiance to any insurance company to keep their hands out of my pocket and shop each year for the most competitive rate/coverage. Works well for me.
__________________
2017 Ram 3500 Dually
2017 Montana High Country 310RE
B&W Patriot Hitch
Love the smell of fresh coffee & diesel in the morning!
|
|
|
02-24-2017, 09:19 AM
|
#9
|
Site Team
Join Date: Feb 2014
Location: W. Texas
Posts: 17,692
|
I did business with my State Farm agent for decades. Never thought about it. They had pretty good rates when we started, he was a friend, and I figured State Farm would try to stay in the ballpark with rates. I too was told of all the discounts I was receiving. I became alarmed when seemingly monthly I kept receiving notices from State Farm about one kind of exclusion or another (until I wondered if I had coverage for anything), mandatory increases in deductibles etc. Talked to the agent and he tried to reassure me.
Read through the policies to determine exactly what I had or did not have. Took that info and went shopping. Found Geico could cover the house for 1/2 of what State Farm charged. Cars didn't save quite as much but it was substantial. Neither State Farm or Geico could be competitive on the boats so they were (are?? I think I forgot to stop coverage on the bass boat when I gave it to my son in October ) with Progressive. I got coverage for all my "stuff", tripled my liability coverage and have a 5M umbrella policy and I'm still paying less than the State Farm rates. I visited with the agent and told him it was great fun swapping hunting and fishing tales but it wasn't worth as much money as I seemed to be paying......business is business; he understood.
|
|
|
02-24-2017, 09:53 AM
|
#10
|
Senior Member
Join Date: Aug 2012
Location: Waco, Tx
Posts: 5,457
|
Quote:
Originally Posted by sourdough
I did business with my State Farm agent for decades. Never thought about it. They had pretty good rates when we started, he was a friend, and I figured State Farm would try to stay in the ballpark with rates. I too was told of all the discounts I was receiving. I became alarmed when seemingly monthly I kept receiving notices from State Farm about one kind of exclusion or another (until I wondered if I had coverage for anything), mandatory increases in deductibles etc. Talked to the agent and he tried to reassure me.
Read through the policies to determine exactly what I had or did not have. Took that info and went shopping. Found Geico could cover the house for 1/2 of what State Farm charged. Cars didn't save quite as much but it was substantial. Neither State Farm or Geico could be competitive on the boats so they were (are?? I think I forgot to stop coverage on the bass boat when I gave it to my son in October ) with Progressive. I got coverage for all my "stuff", tripled my liability coverage and have a 5M umbrella policy and I'm still paying less than the State Farm rates. I visited with the agent and told him it was great fun swapping hunting and fishing tales but it wasn't worth as much money as I seemed to be paying......business is business; he understood.
|
We were with Farmer's for over 40 years and two agents... first retired and sold his agency to the second.. Last 10 years or so the rates kept going up until I was paying $2400 a year for two vehicles and the trailer with no claims, tickets and a credit rating of 800+..
I finally said enough is enough and started shopping.. Found more coverage, less deductible and saved more than $1200 a year with Geico.
__________________
2015 Ford F350 DRW 6.7 Diesel XL
2020 Avalanche 313 RS
|
|
|
02-24-2017, 09:57 AM
|
#11
|
Senior Member
Join Date: Mar 2012
Location: South Texas
Posts: 343
|
Lots of good info you guy's have posted. Opened my mind to lots of possibilities. I know I don't post a lot, but when I do, I get good suggestions. Many thanks.
Sandy
__________________
Sandy & Ann
2019 Alpine 3401RS
2011 Ford F350 Diesel
|
|
|
02-24-2017, 12:56 PM
|
#12
|
Senior Member
Join Date: Jul 2013
Location: Liberty, Texas
Posts: 5,034
|
State Farm did raise my homeowners a good bit. Called and made an appointment with the boss lady. She knew what was up when we got there. They had our valuation sky high. No no we're not doing that. Went back to a more reasonable value.
We keep our eye on them. At least we weren't arguing with someone on the phone in Minnesota.
__________________
2018 Ram 3500 Laramie CC DRW LWB 4X4 Cummins Aisin 3.73
Reese Goosebox 20K
2018 Heartland Landmark 365 Oshkosh
2008 Bigfoot 25C9.4 LB Cabover
2023 CanAm Defender SXS
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|