need new Insurance company

[Gregory OConnor]

My motorhome and house have not a 'think value' because they are not
on the market for sale, replacement or leverage. Like your classic
Volvo, I bet your bus is in perfect shape and a fine example of
a '90 PT.

The rates you pay monthly recover the undewritters loss due to
claims and profit. If appraisers (who set the recovery value for
loss payout) inflate the payout value over market value, everyone's
rates are set to cover that calculated loss. Since your rates dont
increase with a higher payout value, having the appraisal ensures
that you will secure a large piece of the inflated calc you now pay
into. Your appraisal may benifit Bob and Dixie??

Ben Franklin sold fire insurance in Philly. The largest part of his
staff operated the fire fighting equipment. Over the years, Fire
fighting got efficient but the insurance rates have burned out of
control.

GregoryO'Connor
94ptRomolandCa


--- In WanderlodgeForum@yahoogroups.com, Leroy Eckert
wrote:
>
> I respectively suggest that you cannot "buy" a certified real
estate appraisal in this market for any where close to what you
think your home is worth. In the case of my motor home, I took it to
a dealer whom I do not know for an appraisal. I stated I needed an
appraisal which would stand the test of a court of law if need be. I
did not give the appraiser a number. I simply stated the number
should be what you feel comfortable with, and what it is, is what it
is. The premium for the my policy did not change, and I do not plan
on introducing heat.
> Folks are free to market their asset for what ever price they
chose, sell it for $75,000 if the want, just leave mine out of that
mix.
>
> Leroy Eckert
> 1990 WB-40 Smoke N Mirrors
> Dahlonega, GA
> Royale Conversion
>
> Gregory OConnor
wrote: I was always able to buy a
cetified realestate apprasial for the
> value I needed, I guess the RV guys are the same. I first
thought
> stated value would be a fair way to buy insurance but I can see
> problems with these overstated values making RV's flammable. It
is
> crap like this that makes insurance a game and the security of
> insurance expensive. Leroy and the other good folks of this forum
> who like having replacement insurance for 'pease of mind' end up
> paying for the few who abuse the plan.
>
> GregoryO'Connor
> 94ptRomolandCa
>
> --- In WanderlodgeForum@yahoogroups.com, Leroy Eckert
> wrote:
> >
> > I just obtained an agreed value policy through RV America. The
> underwriter is American Modern. The agreed value is $107,761
which
> is supported by an independent certified appraisal which I
obtained.
> > What makes all the work worthwhile is this. The independent
> appraiser stated. "If you entertain trading this motor coach for
> newer production model you would be making a big mistake. This is
> the nicest 18 year old coach I have ever seen." He also said, if
> kept in it's current condition further depreciation would be
> minimal. For what it's worth.
> >
> > Leroy Eckert
> > 1990 WB-40 Smoke N Mirrors
> > Daholonega, GA
> > Royale Conversion
> >
> > Dorn Hetzel wrote: I
> was just in contact with explorerrv and the indicated they didn't
> have any agreed value coverage available for a 77. Oh well...
> >
> > Dorn Hetzel
> > 77FC35
> > Hogansville, GA
> >
> >
> > On Thu, Mar 6, 2008 at 9:35 AM, Jack and Liz Pearce
> wrote:
> >
> >
> > --- In WanderlodgeForum@yahoogroups.com, "Dale B. Cooper"
> > wrote:
> > >
> >
> > > Looking for Insurance company, I am thinking of an Agreed
Value
> type
> > > policy, any suggestions or recommendations.
> > >
> > > Dale Cooper
> > > 84FC35SB
> > > Painesville, Oh.
> > >
> >
> >
> > We use Explorer RV Insurance. http://www.explorerrv.com
888.774.6778
> and Bob
> > Isbell is our agent. We are satisfied with this firm. Both our
> Bird and
> > Jeep are insured there.
> >
> > Regards,
> > Jack and Liz
> > Regards,
> > Jack and Liz Pearce
> > Fulltiming in a 1993 Wanderlodge WB40
> > D'Hanis, TX
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
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