Agreed-Value RV Insurance
Posted: Wed Oct 24, 2018 9:10 pm
My insurance company (State Farm) would not provide me with an agreed-value coverage for our Avion (even though I was willing to have our Avion appraised), so, I started shopping around for RV insurance.
I called All State and Geico. Neither provided coverage (Geico said they would provide coverage for new RVs only). I found an insurance broker via Google search and they said they can get me RV insurance but I have to have my trailer appraised (they would accept an existing appraisal of up to 2 years old or a bill of sale). I called the nearest RV shop a couple of times (they sell SOB trailers) about getting an appraisal, but they never called back! So, Google search came to the rescue again. I found this site that specializes in appraising vintage cars and they said they would appraise vintage RVs as well.
I had them appraise our Avion. Sent them many interior/exterior photos, a description of the trailer and long list of upgrades I had made and they appraised it for $19,800. I sent the appraisal to the insurance broker and they quoted me for $274 a year with $1000 deductible (I added my wife to the policy as well. Individually, the premium was slightly lower). I purchased the coverage. Its good for 10 years, after which I need to appraise our Avion again. I now sleeps a little bit better knowing that if, god forbid, something happens to our Avion, its not a total loss and at least I can start over with another Avion and another renovation
I wanted to share the info of the insurance broker and appraisal shop in case others are interested in agreed-value policies.
Insurance broker (I spoke with Robin):
FCIS Insurance
https://www.fcisinsurance.com/
1-800-331-1520
Fax (641) 585-5166
rnelson@fcisinsurance.com
Appraisal shop (I spoke with Brittany)
Pinnacle Auto Appraisers
https://autoappraisers.com/
1-877-988-9911
Fax (281) 547-0919
brittany@autoappraisers.com
Hope this info is helpful.
I called All State and Geico. Neither provided coverage (Geico said they would provide coverage for new RVs only). I found an insurance broker via Google search and they said they can get me RV insurance but I have to have my trailer appraised (they would accept an existing appraisal of up to 2 years old or a bill of sale). I called the nearest RV shop a couple of times (they sell SOB trailers) about getting an appraisal, but they never called back! So, Google search came to the rescue again. I found this site that specializes in appraising vintage cars and they said they would appraise vintage RVs as well.
I had them appraise our Avion. Sent them many interior/exterior photos, a description of the trailer and long list of upgrades I had made and they appraised it for $19,800. I sent the appraisal to the insurance broker and they quoted me for $274 a year with $1000 deductible (I added my wife to the policy as well. Individually, the premium was slightly lower). I purchased the coverage. Its good for 10 years, after which I need to appraise our Avion again. I now sleeps a little bit better knowing that if, god forbid, something happens to our Avion, its not a total loss and at least I can start over with another Avion and another renovation
I wanted to share the info of the insurance broker and appraisal shop in case others are interested in agreed-value policies.
Insurance broker (I spoke with Robin):
FCIS Insurance
https://www.fcisinsurance.com/
1-800-331-1520
Fax (641) 585-5166
rnelson@fcisinsurance.com
Appraisal shop (I spoke with Brittany)
Pinnacle Auto Appraisers
https://autoappraisers.com/
1-877-988-9911
Fax (281) 547-0919
brittany@autoappraisers.com
Hope this info is helpful.