RV.Net Open Roads Forum: Full-time RVing: Caps on personal property

RV Blog

  |  

RV Sales

  |  

Campgrounds

  |  

RV Parks

  |  

RV Club

  |  

RV Buyers Guide

  |  

Roadside Assistance

  |  

Extended Service Plan

  |  

RV Travel Assistance

  |  

RV Credit Card

  |  

RV Loans

Open Roads Forum Already a member? Login here.   If not, Register Today!  |  Help

Newest  |  Active  |  Popular  |  RVing FAQ Forum Rules  |  Forum Posting Help and Support  |  Contact  

Search:   Advanced Search

Search only in Full-time RVing

Open Roads Forum  >  Full-time RVing

 > Caps on personal property

Reply to Topic  |  Subscribe  |  Print Topic  |  Post New Topic  | 
Page of 2  
Next
Sponsored By:
dutchev

tilton nh

Full Member

Joined: 03/24/2010

View Profile



Good Sam RV Club Member

Offline
Posted: 09/12/20 07:11pm Link  |  Quote  |  Print  |  Notify Moderator

Have any of you fulltimers ever had a personal property loss on your rig. It seems that all electronic devices has a cap of 3,000 dollars. It also seems there might be caps on other things. Any ideas ?

jorbill2or

Full time

Senior Member

Joined: 10/02/2004

View Profile



Good Sam RV Club Member

Online
Posted: 09/12/20 07:29pm Link  |  Quote  |  Print  |  Notify Moderator

Yes read the policy limits and have your agent add riders for additional values you want insured. It’s best to have a agent who knows what they are doing.


Bill

time2roll

Southern California

Senior Member

Joined: 03/21/2005

View Profile



Good Sam RV Club Member


Posted: 09/12/20 07:43pm Link  |  Quote  |  Print  |  Notify Moderator

Should not be an issue to increase the limits for an additional fee.
You may need to declare the items and value that you need covered.


2001 F150 SuperCrew
2006 Keystone Springdale 249FWBHLS
675w Solar pictures back up

Lwiddis

Camping near Pearsonville, CA

Senior Member

Joined: 08/12/2016

View Profile



Good Sam RV Club Member

Offline
Posted: 09/12/20 08:02pm Link  |  Quote  |  Print  |  Notify Moderator

Consult with an independent insurance agent.


Winnebago 2101DS TT & 2020 Chevy Silverado 1500 LTZ Z71, 300 watts solar-parallel & MPPT, Trojan T-125s. TALL pole for flags. Prefer USFS, COE, BLM, NPS, TVA, USF&WS, state & county camps. Bicyclist! 14 year Army vet - 11B40 then 11A - (MOS 1542 & 1560)


doxiemom11

Paris Michigan

Senior Member

Joined: 01/09/2013

View Profile



Good Sam RV Club Member

Offline
Posted: 09/12/20 09:00pm Link  |  Quote  |  Print  |  Notify Moderator

Homeowners policies have limitations for those type of items also, so it's really nothing particular to a full-timers policy. As other said, you can usually insure them with a rider or separate stated value policy and pay the extra premium required to do so.

wapiticountry

Mountain West

Full Member

Joined: 10/02/2011

View Profile



Good Sam RV Club Member

Offline
Posted: 09/12/20 10:09pm Link  |  Quote  |  Print  |  Notify Moderator

Standard on homeowners policies. There are caps on many things. Electronics, jewelry, art, collectibles, tools and most everything else you could spend a whole bunch of money on.

IDman

Oklahoma

Senior Member

Joined: 07/19/2010

View Profile


Offline
Posted: 09/13/20 06:01am Link  |  Quote  |  Print  |  Notify Moderator

You asked this last week re your musical instruments. Don't you like the answers you got?

JimK-NY

NY

Senior Member

Joined: 05/12/2010

View Profile



Good Sam RV Club Member

Offline
Posted: 09/13/20 06:45am Link  |  Quote  |  Print  |  Notify Moderator

I had a horrible experience as a full timer. I thought I had insurance appropriate for a full time RVer. I even went to an independent agent who specialized in setting up insurance for full time RVers. He was recommended and worked with my mail service provider in South Dakota.

When we had a major theft we found out the coverage was not sufficient. In most cases, people have homeowners insurance which provides coverage so coverage for RV insurance would be a duplicate service with duplicate costs. Of course, that is not true for RV insurance. After the loss I tried to find appropriate coverage. I eventually found a policy that worked but it took a long time and was very frustrating because most agents just don't understand and most insurance companies just want you to use their services even when they are insufficient.

Sure you might also need a rider for expensive items such as musical instruments or cameras. That is in addition to the issue that most RV insurance policies are very limited in theft or damage coverage for personal property aside from the RV.

If you are a full timer, check the fine print. You are likely to find that your policy provides little or no coverage except for the RV itself.

A1ARealtorRick

Gulf Shores, AL

Senior Member

Joined: 04/17/2020

View Profile



Posted: 09/13/20 07:09am Link  |  Quote  |  Print  |  Notify Moderator

The whole insurance situation is very complex and misunderstood, if understood at all, by most.

For example, very few businesses include business interruption coverage in their coverage. Why? Either they're not offered it, or it's not explained well by the agent. Hence, in case of a loss, it can be devastating.

Same thing with individuals who assume certain things are covered, only to find out that they're not. A simple, low-cost rider could have prevented a financial loss, but again, many insurance agents don't even mention them. Hate to say it, but riders are low-commission items, and they can involve a lot of work when it comes to itemizing and valuing.

If you feel an agent has misguided you, or has failed to offer appropriate coverage, please remember that they almost always carry professional liability insurance (much like a doctor, Realtor, etc.), so don't be concerned about going after them. They, like any other professional, should be held accountable.


. . . never confuse education with intelligence

jorbill2or

Full time

Senior Member

Joined: 10/02/2004

View Profile



Good Sam RV Club Member

Online
Posted: 09/13/20 12:38pm Link  |  Quote  |  Print  |  Notify Moderator

I think the real issue is many Today buy online without agent interaction or have agents who don’t fully explain coverage. Then they don’t READ the actual policy when they get it. Homeowners also have these same limits and most , until they have a loss , haven’t a clue they aren’t really covered Have you read your policy? Too hard? Then have a good agent to explain it to you.

Reply to Topic  |  Subscribe  |  Print Topic  |  Post New Topic  | 
Page of 2  
Next

Open Roads Forum  >  Full-time RVing

 > Caps on personal property
Search:   Advanced Search

Search only in Full-time RVing


New posts No new posts
Closed, new posts Closed, no new posts
Moved, new posts Moved, no new posts

Adjust text size:




© 2020 CWI, Inc. © 2020 Good Sam Enterprises, LLC. All Rights Reserved.