Insurance Information

[MapNerd]

My experience with USAA has been great but who’s to say I can’t find that with other providers. It’s a lot of money when factored in over those years.

No one. I will say that I have heard horror stories of filing claims with GEICO, either being underpaid or the claim taking too long to be adjudicated and paid out. I’ve never used anyone except USAA because they’ve always been cheap enough for me that I felt the level of service I would get was worth the relatively minor extra cost. That was until I got an RV and Progressive via USAA quoted me $10k/year. So the rig is with Foremost and everything else with USAA.

One thing I would say about Progressive via USAA is that its still Progressive setting the rate. USAA is just directing you to them because USAA doesn’t underwrite RVs. I would presume there is a business relationship between the two companies and perhaps Progressive is giving USAA members a premium discount or something like that but I don’t know this to be the case. All this to say, I don’t think its fair to be upset with USAA when Progressive via USAA gives you a bad quote. USAA didn’t have much to do with that. They’re basically just saying, “we don’t insure RVs, here’s a company that does which we’d recommend you consider”.

 

[Neal]

I had progressive with my boat while I never had anything but a flat tire on the trailer they were good to work with, but that's moot. Probably not going to use them here.

Overland is the winner as they get quotes from the various provider and Safeco/Liberty Mutual lands at $1570/yr with the windshield coverage.

Safeco 1600 + USAA 1800 comes in at 3400 with simple math vs. Geico's 2600. I have to adjust for the refunds we get as USAA members (subscriber savings) which I have to find yet this evening. As Geico is an unknown and USAA is a known and has paid me greatly and easily in the past it is going to be hard for me to part ways.

Digging up subscriber savings data now.

PSA ==> DO YOU HAVE WINDSHIELD COVERAGE? YOU BETTER ASK!​

When I signed up for NatGen it was not included, I had to add it. That seems to be the theme. I needed it and used it, a windshield replacement is over $4k and far too common in these large RV windshields so you better ask and make sure you're covered.

 

[Neal]

I found my info on the USAA site in the My Documents area under My Tools as it's published in February. My distribution last year was $680. My balance is $8100. So if I switched to Geico I would get that $8K too! Do they hope you croak instead of ever paying that out? Seems the only way to get the full amount is to cancel them.

So this puts me at:

Geico 2600/year
Safeco (1600) + USAA (1800) - USAA SSA (-700): 2700!!

Other than the wanting my $8K meulah it seems I'm ready to pull the trigger on Safeco and get the insurance ASAP as I canceled Good Sam / National General today - happily!

Thank you @MapNerd, I owe you an iced latte!

 

[Neal]

And just like that Monday was a complete loss. Gotta love coming into the day with a grand productive plan and then checking online banking which I do every morning finding that love note from National General. Well, I'm glad it's over and I'm glad to shed one more Good Sam thing out of my life.

 

[MapNerd]

I think it’s just amazon how I know right where that $8k is going.

 

[Neal]

No 8K as I'm not canceling USAA (Amazon Amazon?) so I don't get the meulah! Going to hold on to USAA for the cars and went with Safeco for the MH.

 

[Neal]

Here is another FYI on the insurance front. Some if not many of you/us had/have AGREED VALUE or replacement cost (much more expensive). When renewing you don't get those options as they have to be bought in the first 12 months. Insurance agencies know this and will likely hike your rates significantly as they know you're trapped with them which you either eat the cost as your payout will be higher in that small percentage you would need this or move to another provider where your only option is CASH VALUE. I was lucky (I think) in buying gap coverage so at least the loan would be paid off in full. But the moral is know that if you decide to change to another insurer you don't get the option of agreed value or replacement cost.

It's the game of insurance aka gambling. Know anyone that has received an agreed or replacement cost payout? Typically (knock on wood) RV drivers are safer drivers but we have the risk of tire blowouts and catastrophic events which may not be covered anyways, i.e. earthquake swallows your RV. In my opinion paying super high premiums for extremely small risk is not money well spent. Put it in the market instead and self-insure as we discuss many times with warranties. Insurance is a warranty as well but obviously the liability and injury part is significant but that is the lowest cost of premiums.

Know the game(s)...FYI

 

[Neal]

I have a concern about the window coverage with Safeco as they title it "Window Repair" and not replacement. I emailed my Overland rep this morning, nothing heard back yet. Amazing how you get immediate responses prior to a sale but after you're waiting forever it seems. So we'll see how this question is handled and answered and I hope I'm not going to have to abandon this one too. Never heard back from Geico, not sure why.

 

[Neal]

FMCA just emailed me the quote for Safeco at $1909 with what appears to be the same numbers from Overland at $400 less for Safeco.

 

[MapNerd]

Your insurance gets cheaper by the day.

 

[J&JD]

FMCA just emailed me the quote for Safeco at $1909 with what appears to be the same numbers from Overland at $400 less for Safeco.

Keep at @Neal pretty soon someone will be paying you to insure “Amazon “ AKA VentEssex

 

[Neal]

Today I got the Geico email, the best deal, yes, although some of the coverages need to be increased as they are too low but that's not usually where the cost is. MH + 2 cars around $1250/year. I renewed via Safeco and will stay there as I have a hard time tearing myself away from USAA. I'm willing to pay more for the knowns and what I've experienced in the past including the hail damage to my toad when at Hilton Motorcoach and how they handled that.

Note for USAA members regarding subscriber savings. In order to get the balance you would need to be 100% clear of USAA. I have home, life, umbrella, auto, and other things so unless all of that was cancelled I would not get my payout from SSA.

I would certainly consider Geico if I didn't have the Safeco option now. For anyone looking I recommend checking them out too. As we all know these quotes are very different for each and every one of us.