Interesting article on camping and economics

[AuburnJen92]

your welcome ...It's Denise ..Frank could not post a link if his life depended on it, or work the dvd player,the dvr... you get the idea.

 

[BigDaddyRog]

your welcome ...It's Denise ..Frank could not post a link if his life depended on it, or work the dvd player,the dvr... you get the idea.

These two......how did we ever get along without the 2goofs??? I love these kids!!!!

 

[big kahuna1]

OK Laies and Gents. It's time for a little edumucation on RV insurance.

There are basically 2 ways to insure RV's. The first is to add the RV to your auto policy. If it is a Motorhome, it should get a reduced rate for the limited use. This generally cost more though than the 2nd way explained below. If you own a Trailer, it can be added to the auto policy also. This is the cheapest way to get coverage on a trailer. But, be aware! When you add a Motorhome or Trailer to your auto policy there a generally drawbacks. You do NOT get Replacement Cost coverage. Losses are calculated on an ACV (actual cash value) basis only. This mean you get whatever the value is at the time of a loss. And, in case you did not know. Trailers and Motorhomes can lose darn near 40% to 50% of their value the first year. You also do NOT get any personal property/items coverage but you can look to your homeowners policy for this coverage. You will be subject to your homeowners deductible or any losses.

The 2nd way and best way to insure you Motorhome or Trailer is a specialized policy such as the one sold by Progressive and others. You can add Replacement Cost coverage so that you are getting a new RV for your old one in case of a loss. This generally applies for the first 5 years and then they limit the cost of a new trailer to the cost of your trailer when it was new at the time you purchased it. This coverage is FAR better than the ACV coverage on an auto policy but it does cost more. You also can add/increase coverage for personal property of or in the RV to this policy. There are generally other goodies such as roadside coverages including emergency benefits if you need to stay in a hotel etc.

Liability is covered for a Motorhome under the Motorhome policy just like an auto policy. A trailer is covered under the auto policy while it is being towed and when you set it up on the campsite, you homeowners then provides the liability.

This is just a short/brief insight to RV insurance. Each policy can be different and this is just a generalization of coverages.

I mainly want to point out to those who have their trailers covered under their auto policies that you need to be prepared when the trailer is a total loss as the ACV of the trailer may place you in shock. And, many will owe more on the trailer then what the trailer is worth. So not only will you be out of a trailer, you will still owe the bank. On newer trailers, I strongly suggest a specialized policy with Replacement Cost coverage.

 

[BigDaddyRog]

Has anyone ever been stopped by police when pulling a trailer? Do they ask for proof of insurance on a trailer? I dont own one, just curious to see if Johnny Law picks on tt travelers.

 

[Rhonda]

Has anyone ever been stopped by police when pulling a trailer? Do they ask for proof of insurance on a trailer? I dont own one, just curious to see if Johnny Law picks on tt travelers.

We pull a trailer every day for our business. It's a 6x12 enclosed trailer. We've never been asked for proof of insurance on it. We have the trailer insured for our own protection, but I don't think it's a law that we must have liability insurance on it.

 

[2goofycampers]

Has anyone ever been stopped by police when pulling a trailer? Do they ask for proof of insurance on a trailer? I dont own one, just curious to see if Johnny Law picks on tt travelers.

in 8 years never have been pulled over, of course Frank obeys all speed limits and we have never seen one pulled over. we do keep our proof of insurance in the TT.

 

[loveDmouse]

I don't either. Just because you drive an RV, doesn't mean it stops like a car! If people would just realize that, life would be much safer on the road. Our rig is 29K lbs. They pull in front of us like we have the capacity to stop!

Ain't that the truth. Irritates me people pulling out in front of us all the time. I don't know how the truckers who are on the road all the time do it.

 

[loveDmouse]

We insure with Progressive. It is a great rv policy.

 

[lovetomow]

Can I second Progressive RV insurance. My renewal came from National Interstate at $326.00 ($500 deductible).

I called Progressive and got $250.00 deductible and all other coverage the same with addtional roadside assistance for a whopping $176.00. A savings of $150.00 with lower deductibles.

 

[lisa8200]

Has anyone ever been stopped by police when pulling a trailer? Do they ask for proof of insurance on a trailer? I dont own one, just curious to see if Johnny Law picks on tt travelers.

I can only speak about Florida, and from NO experience. It is not a question of IF he picks on you, it's more of he has no law to pic on you with. Insurance on your trailer is like insurance on your home, It's not law, only a lending institution rule to protect their investment.

 

[BigDaddyRog]

So if you buy a trailer straight out, you're not required to have it insured to protect other drivers?

If it(god forbid) became detached from the tow vehicle and caused some damage to a vehicle behind you, would your auto insurance cover it?

 

[lisa8200]

So if you buy a trailer straight out, you're not required to have it insured to protect other drivers?

If it(god forbid) became detached from the tow vehicle and caused some damage to a vehicle behind you, would your auto insurance cover it?

Let's go with yes,,, Like I said, I don't have practical experience with this but, you have to show proof of insurance for your car tags but not trailers so I would think that the vehicle would cover it.

 

[lisa8200]

Here is an article from trailer411
http://www.trailer411.com/horse-trailer-insurance.html
Short version of article says most auto insurance companies also cover the trailer circumstance and that state laws vary.I only looked one place though.

 

[akamom]

If we didn't have a PUP, we'd be staying at a moderate resort. With the mod rate a night for 6 nights, that's 6 months of camper payments for us. So really, I see it saving us money. Plus it's more family time because campsites are cheaper than hotels and we have a campground 10 miles from us.

Oh and yes, we have insurance on our PUP.

 

[big kahuna1]

We pull a trailer every day for our business. It's a 6x12 enclosed trailer. We've never been asked for proof of insurance on it. We have the trailer insured for our own protection, but I don't think it's a law that we must have liability insurance on it.

Rhonda,

Towing a trailer for business has other issues. The biggest being that if the trailer has a GVW (gross vehicle weight) rating of over 2000lbs. it is generally not covered for liability while being towed for business purposes. You have to add it to your auto policy and a charge is made for this coverage. Now, this is a generality and may not apply to your specific policy but 99% of the time it will. You may want to check your policy and or call your agent.

So if you buy a trailer straight out, you're not required to have it insured to protect other drivers?

If it(god forbid) became detached from the tow vehicle and caused some damage to a vehicle behind you, would your auto insurance cover it?

Rog,

Correct. As a rule, the liability of the vehicle being towed is provided by the towing vehicle under personal policies. Commercial or bussiness policies or use as stated above have other issues.